What is Web3 and How is it Different from Web2?

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Web3 represents the next evolution of the internet, emphasizing decentralization, blockchain technology, and user-owned data. Unlike Web2, which relies on centralized platforms controlling user data, Web3 enables individuals to own their digital identities, assets, and content. Decentralized applications (dApps) replace traditional apps, enabling peer-to-peer interactions without intermediaries.

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Web3 promises enhanced transparency, security, and financial inclusion, allowing new ways to transact, invest, and exchange value online. Users can interact with decentralized finance (DeFi), NFTs, and tokenized ecosystems directly.

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Monavate bridges Web3 and traditional finance by enabling businesses to integrate blockchain-native assets like stablecoins into everyday payment flows. By linking virtual or physical cards to tokenized funds and fiat accounts, Monavate allows users to spend crypto seamlessly while staying compliant. This approach ensures that Web3 innovation is accessible, regulated, and operationally practical for fintechs and businesses entering the decentralized finance space.

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