Thursday 9 February 2023

WHAT IS WEB 3, AND AFCASH APP'S ROLE IN WEB 3?

The era of monitored access by a single authority is rapidly fading away to give way to a more decentralized system of access in all present-day internet interactions.

Before now, all major transactions, and forms of services relying on the internet to reach customers, consumers, and partners have relied on the big elephant in the room with the power to halt your access, or even trade your data without your rights. Privacy is not always 100% and this opens many doors for cyberbullying and thefts.

 

The new era of Web 3 puts a solid foot against this old process of single authority over a system. Now all who have access to carry out transactions and interactions online with potential customers and partners share equal rights to their activities online and can no longer follow due protocols of a single governing intermediary or third party.

In this post, you will learn what Web 3 is and just about how it is the right internet version that corresponds with the dream behind the AFCASH App.

 

WHAT IS WEB 3?

Web 3 is a superior and private version of the Web 2.0 internet you are using right now. The read-write functionality of web 2 is evolving into a much more simple and classy read-write-own functionality known as Web 3.0

 

In other words, you own express rights to whatever you do online, this includes when you trade cryptocurrencies, buy stocks, and stake capital. All blockchains, exchanges, and digital platforms in charge of money transfer will be tasked to conform to the decentralized nature of Web 3. Hence, granting uninterrupted access to their customers and traders.

 

This is good news for Africunia Bank and Excoincial Exchange users. For years since the conception of Africunia Holding and its financial services, 100% transparency, support and decentralization have been our key motto. Web 3.0 makes it easy for us to fulfill this dream for all our new and old customers globally.

 

HOW DOES WEB 3.0 AFFECT YOU?

There are many benefits of the read-write-own nature of web 3. from the onset of web 1.0 when internet users could only read without interacting, till the coming of web 2.0 when users began to read and interact. This gives a clear picture of what the next evolution of the internet has to offer because you can do much more than just read and interact, you can now own your online presence.

 

SIMILARITIES BETWEEN AFCASH APP AND WEB 3.0

Web 3.0 is a decentralized version of the current Web 2.0 which is a centralized internet that grants express authority to intermediaries. AFCASH App is a secure ultra-fast, decentralized multi Blockchain cryptocurrency wallet that offers full rights to its users.

This puts both technologies side by side in helping users enjoy decentralized access to their online records, transactions, data, stocks, sensitive documents and records, digital assets, and much more. Back up with Web 3.0, Africunia becomes the first global financial service provider to relinquish absolute authority to everyone who downloads the AFCASH App and creates Ethereum Blockchain, Binance Blockchain, Excoincial Blockchain, xDai Blockchain wallets, and much more.

 

This allows traders to store, and transfer cryptocurrency and tokens anywhere in the world. Buy, Sell, Swap, Send, and Exchange digital coins like AFCASH, Bitcoin, Ethereum, Bitcoin cash, Litecoin, and USDT at any time without following any financial regulatory protocols of third parties. The ball stays in your court always as far as you retain the access codes of your AFCASH App. As a rule, all AFCASH users are not expected to disclose their pin, and sensitive security info to any third-party, Africunia included.

 

CONCLUSION

Web 3.0 is the new internet face, and AFCASH App is the best financial service platform to get all the best that Web 3.0 has to offer. You cannot get it anywhere else other than the one place already benefiting thousands with decentralized access even before the formal launch of Web 3.0 Get the AFCASH App now and join the list of secure, satisfied customers around the globe.

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