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Which of the following statements are correct with reference to Web 3.0?

1.Web 3.0 technology (theoretically) puts user data and web content into users' hands
2.Centralization is a core tenet of Web 3.0
3.In the Web 3.0 world, blockchain-based networks, transactions and businesses will thrive in the coming years
A1 & 2 only
B1 & 3 only ✓ Correct
C2 & 3 only
D1, 2 & 3
Correct answer: (B) 1 & 3 only
Explanation

Web 3.0 returning data and content to users and its reliance on blockchain networks are the correct points.

Statement 1 is right because Web 3.0 aims to put users in control of their own data.

Statement 3 is right because blockchain-based networks and transactions are central to it.

Statement 2 is wrong because decentralization, not centralization, is a core tenet.

Removing central control is the defining shift from earlier web eras.

Web 3.0 is often linked with tokens and distributed ownership.

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