We have to be mindful of the fact that many do not want technological progress in areas where they are dominant.— this right here is why web3 comes into the picture . The Web3 has set out to break up the market power of these centralized players by replacing the centralized server-client infrastructure with distributed ledgers, the most common type being the blockchain. So instead of all data being stored on a centralized server, it will be scattered across a decentralized computer network. Centralized entities, which previously acted as intermediaries, will thus become obsolete.
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