Web 3.0

Web 3.0

        Web 3.0 is a term used to define the next generation of the internet. Web 3.0 is expected to be a massive decentralized web where all data and processing will occur on peer-to-peer networks without central servers or data centers, and instead utilize blockchain technology.

Imagine a brand new kind of internet that not just precisely interprets the inputs you type in and understands what you communicate, whether it’s the use of voice, text or other mediums, and where every piece of content you consume is more personalized to your preferences like never before. We’re close to the beginning of a new stage in the evolution of the internet. Early pioneers have called Web 3.0.

What Web 3.0 is and what it can do

Web 3.0 is the upcoming third generation of the internet, where apps and websites are able to process data in a human-like way using technologies like machine-learning (ML), Big Data as well as Decentralized Ledger Technology (DLT) and more. Web 3.0 was originally called the Semantic Web by World Wide Web creator Tim Berners-Lee and was intended to be an intelligent, autonomous open, and secure internet.

Its definition could be further expanded to include the data will be connected in an decentralized way. This would be a significant leap from the present generation web (Web 2.0) which is where data is typically stored in central storage facilities.

Additionally, machines and users are able to engage with the data. However, for this to be possible the programs must be able to comprehend data conceptually as well as contextually. In this regard, the two pillars for Web 3.0 are semantic web and artificial intelligence (AI).

web 3.0 in Simply  Explained

web 3.0

Web 3.0, Cryptocurrency and Blockchain

As its networks function on open protocols that are decentralized — which are the fundamental elements of the blockchain as well as crypto technology We can anticipate an intense convergence and synergistic connection among these technologies as well as other areas. These technologies will work together and seamlessly integrated by the use of smart contracts and utilized to enable anything from micro transactions in Africa as well as secure against censorship P2P storage of data files and sharing via applications such as Filecoin, to fundamentally altering the way the way companies conduct their business. The current set of DeFi protocols are only the beginning of the list.

Web 3.0 Technologies & its  Evolution

There are some details to be aware of when considering the Web 3.0 technology. The first is that the concept doesn’t have to be new. Jeffrey Zeldman, one of the first creators for Web 1.0 as well as 2.0 applications, had published an article on his blog that outlined his backing behind Web 3.0 back in 2006. However, discussions on the subject started in 2001.

Web 3.0 is expected to be the result of the natural evolution of web-based tools that are older in technology, paired with cutting-edge technologies such as AI as well as blockchain and the increasing connectivity between users and the growing use of the internet. It is believed that Internet 3.0 is an upgrade to the predecessors of the web 1.0 as well as 2.0.

Web 1.0 (1989-2005)

Web 1.0, also called the Static Web was the very first and the most reliable internet in the 1990s , despite providing limited access to information and little or no user interaction. In the past making user-generated pages or commenting on articles wasn’t something that was commonplace.

Web 1.0 didn’t have algorithms to filter web pages, making it difficult to locate relevant information. It was like a one-way road with a narrow path where the creation of content was performed by a small group of people and the information was mostly sourced from directories.

Web 2.0 (2005-present)

The Social Web, or Web 2.0 has made the internet significantly interactive due to advances in web technology like Javascript, HTML5, CSS3 and CSS3. This enabled new companies to develop interactive web sites like YouTube, Facebook, Wikipedia and numerous others.

This has opened the way for social networks as well as the creation of content by users to thrive as data can be transferred and shared across different application and platform. The collection of tools that are available that are currently used in the internet age was developed by a variety of web-based innovators such as Jeffrey Zeldman.

Web 3.0

Internet 3.0 will be the next phase of the evolution of the internet which will make the internet more intelligent or process data with near-human-like accuracy through the capabilities of AI systems that be able to run intelligent programs to help users.

Tim Berners-Lee had stated that the Semantic Web is meant to “automatically” interface with systems such as computers, individuals and even home devices. Therefore, the creation of content and decision-making will require both machines and humans. This will allow the intelligent production and distribution of highly customized content to each online user.

Advantages of the Web 3.0

  • Connected data that is expanded: Semantic web will help in the online network of information.
  • Proficient looking
  • Better to show.
  • More effective web browsing.
  • Compelling correspondence.
  • Change human collaboration.
  • More accurate and precise results from searches.
  • The internet is much simpler because the internet is now customized.
  • Sharing of knowledge is more convenient.

Key Features of Web 3.0

Semantic Web

The next stage of development of the Web will be it being referred to as Semantic Web. Semantic web enhances technology for web to create, share, and link content via analysis and search built on the ability to discern the meaning behind words rather than numbers or keywords.

Artificial Intelligence

In combination with this capability, they can perform natural language processing, as in the Web 3.0, computers are able to comprehend information just like humans so that they can provide quicker and more accurate results. They are becoming more sophisticated to meet the demands of the users.

3D Graphics

The three-dimensional design is widely used on websites and in services for Web 3.0. Museum guides, computer games, ecommerce, geospatial contexts, etc. are just a few examples of how to use 3D graphics.

Connectivity

Here, information is more accessible due an increase in semantic metadata. In turn, the user experience improves to a new level of connectivity , which makes use of all information available.

Ubiquity

Content is available through various applications Every device is connected to the internet The services are accessible to all devices.

dApps – The Door to the Web 3.0

         Businesses have to change their entire technology stack and must embrace blockchain and other related technologies like artificial intelligence and big data. for being prepared for the future. Every transaction through the Internet (Web 3.0) will be verified and signed before it is committed. The internet will be an extremely secure site. The users will also be safer with the modern Web. There will be numerous other applications which will make use of new technology.

Here, read more on DApps

A dapp could contain frontend software and user interfaces that are written using any programming language (just as an application) to call its backend. In addition, its frontend may be hosted on decentralized storage like IPFS.

The barriers to adoption for Web 3.0

Alongside the expected advantages from Web 3.0, there are some issues and concerns.

Ownership

The former Twitter Chief Executive Officer Jack Dorsey believes that, contrary to popular opinion the regular users won’t be the primary owners of Web 3.0 projects. Investors and venture capitalists will be the owners. The control will remain centralized.

Regulation

Furthermore there are some experts who believe that decentralization can exacerbate problems of controlling and monitoring Web 3.0. This could cause an increase in cybercrimeand internet abuse and other issues.

Processing speeds

devices that are over five years old cannot be able to run Web 3.0. In order to use the latest generation of internet technology, you’ll require a device with more powerful specifications than what is typically available.

Websites that are upgrading

Companies will be required to improve their digital offerings as web 3.0 applications and websites grow in popularity in order to protect their market share.

Personal information

Internet 3.0 is a massive and interconnected computer network. While it is among its advantages however, the semantic network makes it easy for anyone to access your private and public information that you share online.

final verdict

        The new web will offer an improved and personal user experience. This will include a more intelligent and more human-like search engine as well as other benefits decentralized which are expected to aid in creating an equal web. This is achieved through empowering every individual user to have a say over their information, and providing a more enjoyable overall experience due to the many innovations which will follow after it’s been put implemented.

As Web 3.0 inevitably arrives -however difficult it might be to comprehend considering the way smart devices have altered our behavior Internet usage will be a lot more integrated into our lives.

We’ll see a lot of the machines that are currently offline from household appliances like vacuum cleaners, ovens and refrigerators to all kinds of transportation becoming an integral part of IoT. IoT economy, and interacting with its autonomous servers as well as apps that are decentralized (DApps) that are advancing new digital frontiers such as blockchain and digital assets to provide a variety of technological “miracles” for the 21st century.

Share This Post
4 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Thanks for submitting your comment!