Ethereum and Smart Contracts: How they help create a more autonomous web

Nearly two decades ago, the dot-com bubble created a frenzy in the tech industry. While many companies failed during this time, some companies emerged in the new digital age. One of these companies was Amazon.

Ethereum and Smart Contracts create what is called Web 3.0. For the first time, the internet gives people the power to build their own networks and run their own applications on top of it. Instead of relying on a handful of companies to provide the technology to build their web, it is now becoming accessible by anyone. This is the transition to Web 3.