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WEB 3 is an updated version of the current web architecture that combines blockchain and distributed ledger technology (DLT). It allows for direct connections between users without third-party intermediaries or centralized servers. This opens up opportunities for data sharing, payments, apps development, decentralization, engine repair and much more. NFTs (or non-fungible tokens) are also becoming increasingly popular within this space as they are used to create unique digital assets that are capable of being bought or sold on a blockchain network.
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