Question 1

What is Web3?

Accepted Answer

Web3 also known to be Web3 is a decentralised 3rd generation of the World Wide Web which is more interactive, secure, and personalised than previous versions. It functions based on a semantic web concept which is easily understandable by machines. Using this Web 3.0 platform users can exchange information or resources through web-based applications.

Question 2

What is Web3 Integration?

Accepted Answer

It is a set of processes that determines the integration of the Web3 platform to ongoing web development projects. The seamless integration of Web3 enables developers to do hassle- free interaction and control of the blockchain technology within the application. Even developers can read, write, and share the data using tokens.

Question 3

What is a Web3 API?

Accepted Answer

Web3 API (application programming interface) enables developers to build dApps and smart contracts without any hurdles. In addition, the platform offered by Web3 API enables dApps to connect and access all the indexed information from the blockchain. Unlike other APIs, instead of connecting two different applications, this Web3 API enables app and blockchain to communicate.

Question 4

What is Web3 Real Estate?

Accepted Answer

The platform provided by Web3 Real Estate ensures all real estate transactions are held secure and transparent with the aid of smart contracts & distributed ledger technology. Moreover, Web3 real estate is a cost-effective platform that enables buyers and sellers in the real estate industry to do transactions with greater efficiency.

Question 5

How to hire a web3 developer?

Accepted Answer

First, determine your project scope and complexity.Narrate the list of desired skills needed for your project.Post your requirements in trusted job portals or engage with a reputed web development company.Check the portfolio and evaluate the skill set of the developers.Before making a decision, make sure shortlisted developers are technically sound and have efficient problem-solving abilities.Finally, take a look over the development cost and ensure there is no hidden cost in it.

Question 6

What do Web3 developers do?

Accepted Answer

Web3 developers are the right professionals for building applications and services that function on decentralised web platforms (Web3). In addition, they do have the capability of doing tasks of front-end, back-end, and full-stack developers. The core task of a Web3 developer is to focus more on developing and maintaining an application that uses blockchain technology.

Question 7

What is the future of Web3?

Accepted Answer

Web3 is expected to be more decentralised and secure in the future. The platform will become highly accessible to both humans and machines in the near future. More importantly, the Web3 platform is likely to be more secure, and private with reliable features like enhanced data privacy, identity management, and decentralised storage.

Question 8

What is a Web3 Smart Contract?

Accepted Answer

It is a computer protocol that facilitates the digital agreements held between two participants that are stored in a blockchain. Web3 Smart Contract enables the automatic execution of decentralised code under certain conditions without any intermediaries. More importantly, Once the contracts are deployed they can’t be changed or tampered; it is an immutable one.

Question 9

How does Web3 Streaming work?

Accepted Answer

Web3 Streaming is a kind of latest Peer-to-Peer streaming technology that empowers users to access and stream digital content without any hurdles. The platform enables users to stream content directly from any device without having access to a centralised server. Web3.0 streaming platform delivers an exclusive experience for streamers and viewers through tokenization and Non-Fungible Tokens (NFTs).

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