© The Author(s), under exclusive license to APress Media, LLC, part of Springer Nature 2022
G. Sagar, V. SyrovatskyiTechnical Building Blockshttps://doi.org/10.1007/978-1-4842-8658-6_7

7. Blockchain: The Foundation of Web3

Gaurav Sagar1   and Vitalii Syrovatskyi2
(1)
Bellevue, WA, USA
(2)
Issaquah, WA, USA
 

The various technologies and components that we have covered so far should cover most of the building blocks you would need to build any technical product. However, there is a growing interest in the development of decentralized applications (dApps) which run in Web3. If dApps and Web3 sound alien, what about smart contracts – nothing rings a bell yet?

Well, then I am sure you must have heard of cryptocurrencies , especially Bitcoin, the world first ...

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