GS PrelimsScience and TechnologyInformation and Communication Technology2022

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?

A

1 and 2 only

B

2 and 3 only

C

1 and 3 only

D

1, 2 and 3

Correct Answer: Option D

Explanation

1. Statement 1: A core principle of Web 3.0 is decentralization and empowering users. This includes giving people greater ownership and control over their own data, moving away from the model where large corporations primarily manage and monetize user data. This statement is correct. 2. Statement 2: Web 3.0 utilizes technologies like blockchain to build decentralized applications. Blockchain-based social networks are a key example of potential Web 3.0 applications, aiming for censorship resistance and user data control. This statement is correct. 3. Statement 3: The vision of Web 3.0 emphasizes a shift from platforms operated centrally by a single corporation to decentralized systems governed and operated by users collectively, often through mechanisms like Decentralized Autonomous Organizations (DAOs) or token-based governance. This statement is correct. 4. Since all three statements accurately describe aspects or goals of Web 3.0, the correct option is (D).

More Science and Technology PYQs

View all Science and Technology questions →

Master UPSC Revision

Get 10,000+ topic-wise MCQs, spaced repetition, daily CSAT challenges, and detailed performance analytics.

Coming Soon to Play Store
Coming Soon to Play Store