<ul><li>Web3 is the next stage of the internet characterized by decentralized networks that empower users to control their data and digital assets, in contrast to Web2's centralized platforms.</li><li>Advantages of Web3 include decentralized data ownership, peer-to-peer services, and elimination of intermediaries, offering users and developers more control, efficiency, and security.</li><li>Challenges in Web3 include scalability issues, user adoption barriers, and regulatory uncertainties, while opportunities include new business models, community engagement, and access to global markets for startups.</li><li>Web3's potential to revolutionize industries like finance and healthcare presents a significant opportunity for startups to innovate with decentralized applications, blockchain economies, and community-driven governance.</li></ul>

The Rise of Web3: A Tech Leader's Perspective

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