With reference to Web 3.0, consider the following statements :
- 1.Web 3.0 technology enables people to control their own data.
- 2.In Web 3.0 world, there can be blockchain based social networks.
- 3.Web 3.0 is operated by users collectively rather than a corporation.
Which of the statements given above are correct ?
Show answer
Answer: D. Statement 1 is correct: Web 3.0 aims to let users own and control their data. Statement 2 is correct: blockchain-based social networks are possible in Web 3.0. Statement 3 is correct: it is meant to be decentralised and run by users collectively rather than one company. So 1, 2 and 3.
Watch for: Students doubt the idealistic 'run by users' claim, but that is the defining idea of Web 3.0.
Why the other options are wrong
- A. Wrong because statement 3 is also correct.
- B. Wrong because statement 1 is also correct.
- C. Wrong because statement 2 is also correct.
Source to check: PIB and MeitY explainers on Web 3.0; Ethereum Foundation (ethereum.org) 'What is Web3'
Answer from the official UPSC key. Written and fact-checked by AI against the official key. Spotted a mistake? Report it.