What is this recent rave of Web 3.0 flying around the place?
Web3 allows individuals to be reimbursed for the time spent on the Internet and allows them to own their data. This ownership is the decentralization they hinge it on.
What Is Web 3.0?
Web 3.0, otherwise known as Web 3, is the third generation of the Internet, where data is interconnected in a decentralized way to provide a faster and more personalized user experience.
The blockchain security system and artificial intelligence, machine learning, and the semantic Web safeguard your data.
Decentralization, openness, and incredible utility characterize Web 3.0 for users. We believe this phase of the Internet to be the tipping point of the Web’s evolution because it brings a more personalized experience and tailors all contents to the user than ever before.
Even when applications have been built on the blockchain, we cannot harness its full potential until they embed it in the internet infrastructure.
Evolution Of The Internet.
The Internet has developed over the years from what it used to be, each phase with more advanced technologies than the former.
Internet usage and interactivity and new technologies like blockchain and artificial intelligence will all play a role in the inevitable emergence of Web 3.0.
Web 3.0 appears to improve its predecessors, web 1.0 and 2.0.
To guide us through how Web 3.0 is designed and how it works, let’s do a brief history of the Internet.
Web 1.0 (1989 -2005)
Web 1.0 is a read-only internet that only allows users to read information uploaded on the Web.
The Static Web, another name for Web 1.0, was the earliest and most dependable Internet back in the 1990s, even though it only provided limited access to information and allowed for little to no user involvement.
Creating user pages or even commenting on articles wasn’t a thing back in the day, so we often did discussions offline.
The primary technologies of this web phase were:
Because there were no search engines, it was much more difficult to navigate the World Wide Web (WWW) than it is today.
Web 2.0 (2005-PRESENT)
Web 2.0 is a step further from Web 1.0. It is a read-write internet that allows users to read and write content and information on the Web.
This phase is the current phase of the Internet and with which we are all familiar.
As of 1999, social media platforms, content blogs, and other services allowed people to interact with one another through the Internet.
With the ability to disseminate and exchange data across several platforms and applications, social networks and the creation of user-generated content flourished.
After a while, the read-only mode became obsolete, and web 2.0 was marketed as a platform for social engagement.
WEB 3.0 ( COMING SOON)
Web 3.0 is two steps further from Web 1.0. It is a read-write-interact internet where users read, write and interact with contents and graphics uploaded on the Web.
This new version is the next phase in the internet evolution. Around 2012, Web 2.0 became outmoded, and it was at this point that people began to take an interest in web 3.0 as Web 2.0 became less relevant.
As the Internet evolves, it will become more intelligent or process information with near-human-like intelligence thanks to the power of AI systems that can run smart programs to help users out.
According to Tim Berners-Lee, The Semantic Web is intended to “automatically” interface with systems, people, and home gadgets.
Thus, human and computer involvement in content generation and decision-making processes is inevitable in the future.
This decision would make it possible to intelligently create and distribute material specifically customized to each internet user.
Web3 Key Features And Importance
The following are the key features of Web 3.0:
- Semantic Web
- Artificial Intelligence
- 3D Visualization
Universality refers to the state of being or having the capacity to be everywhere, particularly simultaneously. In other terms, ubiquitous.
In this regard, Web 2.0 is already pervasive since, for example, a Facebook user may instantaneously capture and post an image, which becomes pervasive because it is accessible to anybody, regardless of location, as long as they have access to the social media platform.
Web 3.0 takes a step further by making the Internet accessible to anybody, at any time, from any location.
Semantic(s) is the study of the relationship between words. According to Berners-Lee, the Semantic Web enables computers to analyze vast amounts of Web data, including content, transactions, and links between people.
By incorporating semantics into the Web, machines will be able to decode meaning and emotions through data analysis. Consequently, greater data connectivity will result in a better experience for internet users.
Web 3.0 machines can read and interpret the meaning and emotions given by a set of data; hence intelligent machines are produced.
Although Web 2.0 provides similar capabilities, it is still mostly human-based, which leaves room for corrupt behaviors such as biased product reviews, manipulated ratings, etc.
For Instance, for a firm to get positive reviews for its products, it can simply collect a large group and pay them to do so for them.
Because of this, the Internet relies on AI to learn how to discern between real and fraudulent data.
Spatial Web refers to Web 3.0’s goal to blend the digital and real worlds by modernizing graphics technology and bringing virtual worlds into focus three-dimensionally.
Decentraland and other futuristic gaming applications like it and other fields like real estate, healthcare, e-commerce, and more benefit greatly from 3D graphics’ superior level of immersion.
Web 3.0 And The Blockchain Technology
We can expect a substantial convergence and symbiotic interaction among these three technologies and other disciplines by implementing decentralized protocols in Web 3.0 networks, which are the building blocks of blockchain and cryptocurrency technology.
Using Filecoin and other censorship-resistant P2P data file storage and sharing applications, they can enable everything from micro-transactions in Africa to censorship-resistant P2P data file storage and automation through smart contracts.
We’ve still just scratched the surface on the possibilities with DeFi protocols.
The Internet will become considerably more intertwined in our daily lives when Web 3.0 arrives.
This step is difficult to imagine, given how smart devices have already affected our behavioral patterns.
Almost all of today’s normally offline machines, from home appliances like ovens, vacuums, and refrigerators to all modes of transportation, will become part of the IoT economy.
These machines will interact with its autonomous servers and decentralized applications (DApps) and advance new digital realms like blockchain and digital assets to power a slew of new tech “miracles” for the twenty-first century.
We may even find it more amazing than we could imagine.
But what are your thoughts?