What Is Web3 Py?

Web3.py is a library collection that allows you to create Ethereum transactions, create smart contracts, read and write data from smart contracts, and much more.

It helps in developing clients that interact with the Ethereum Blockchain. The client doesn’t need to be like user-facing applications but clients that transact with the blockchain by reading information or finding business logic with the smart contracts.

Web3.py works on the Ethereum blockchain with JSON RPC; here, RPC means “Remote Procedure Call” protocol.