> For the complete documentation index, see [llms.txt](https://smartchain-mobile1.gitbook.io/smartchain-mobile1-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://smartchain-mobile1.gitbook.io/smartchain-mobile1-whitepaper/background/web3-overview.md).

# Web3 Overview

Web3, also known as the third generation of the internet, is a decentralized network architecture based on blockchain technology. It aims to achieve greater transparency, security, and user autonomy. The Web3 market is rapidly developing, attracting significant investment and technological innovation. However, despite its immense potential, the adoption and user growth rate of Web3 remain slow.