Web3.0, everyone is talking about it. For some reason, it resembles the social anxiety we had when comparing it to the new disruptive technologies of Web 2.0. When you’ve just finished adjusting to the new Web 2.0 ideologies and now suddenly you hear about Web 3.0, that feeling of uncertainty hits you hard.
Web 3.0 has been a term tossed around at conferences, meetings, and the occasional rooftop party for years now.
- But what is Web 3.0?
- It’s a shiny beacon of hope?
- A magic bullet that will solve all the problems of your software ecosystem?
- Or will it just be another buzzword added to an already long list of overused technology buzz words like “disruptive” and “paradigm shift”?
Let’s take a look at what is Web 3.0 — and if it’s any good!
What is Web 3.0? Meaning Explained !!
Web 3.0 is the next generation of the Internet, and it’s already here. Web 3.0 represents a fundamental shift away from centralised architecture to an open, transparent, secure, and interoperable internet of decentralised applications.
Built on the blockchain, it is neither centralised nor open, but a combination that chooses the best parts of both. With blockchain, we can all use the Internet with complete peace of mind because nothing is hidden from us and we cannot be tracked or spied upon by anyone else.
The biggest difference between Web 2.0 and Web 3.0 is how the data is handled, stored, and interpreted. This is because users on these platforms will no longer have to upload their data onto centralised servers owned by a single entity.
Advantages of Web 3.0:
Web 3.0 is the world wide web’s next evolutionary stage, and it comes with a series of benefits that include:
Decentralisation allows users to interact with data through artificial intelligence and machine learning – allowing for a hybrid of the Semantic Web and AI. In a world where we’re still searching for knowledge, this will eventually change.
Use of AI
AI will be more evident in businesses this year. The technology can use the internet to showcase products and services through algorithms based on users’ previous searches and history.
While open-source networks have been around for decades, their potential is now being realized as the networks move from researchers to consumers and businesses.
Future of Cryptocurrency:
Imagine that instead of having a Visa chip, you now have 3-5 crypto tokens that do all the same things, and more.
All your money is stored on safe, secure, and decentralized projects that allow you to invest with less friction, sell and buy faster, store your financial information with no security risk, and even hook up to other blockchains for thousands of use cases you’ve never thought about.
All of these things are possible on the 3.0 Web.
Features of Web 3.0:
Web 3.0 is the next generation of the internet and not even the experts know exactly what it will look like, but there are certain features that we can count on seeing in it.
- Semantic Data and Information
- Artificial Intelligence
- Spatial Web and 3D Graphics
Examples of Web 3.0:
Web 3.0 is just the beginning. Millions of developers and companies will continue innovating to enhance and revolutionise our technology. Any reliable mobile app development company in USA understands that the path ahead is both challenging and promising.
Web 3.0 is really just a starting point or a way to set things into motion on a massive scale. What happens next? No one knows for sure, but there are plenty of clues leading towards a bright technological future.