Web3 and Blockchain: Shifting Ownership and Value Contribution

Web3 and blockchain revolutionize data ownership by enabling data to be written on a public infrastructure, the blockchain, owned by the community rather than centralized powers. Contributors to the network receive tokens representing their stake in the value they bring, turning everyone into stakeholders and shareholders in the ecosystem they contribute to. In Web3, customers are no longer just consumers but become co-contributors, creating a web of ownership where individuals can own a stake in the internet. Ethereum exemplifies this paradigm shift with its public database infrastructure providing banking-grade facilities for financial transactions.