Why Are Startups Jumping Into the Plastic Problem

In the script, the focus lies on explaining Web3 technology and its potential impact. Web3 encompasses the next generation of the internet using decentralized technology such as blockchain. Key benefits include enhanced security, increased privacy, and reduced dependence on centralized entities. Web3 applications aim to give users control over their data and digital identities. The script outlines various use cases, including decentralized finance (DeFi), non-fungible tokens (NFTs), and decentralized autonomous organizations (DAOs). It also highlights challenges like scalability, user adoption, and regulatory concerns. The technology promises significant shifts in digital interactions and financial systems.

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