Over the last decade, the Web has undergone significant change. Beginning with a primitive Web 1.0, when the internet was primarily used to exchange text-based information, the next web generation powers to Web 3.0. It is the next major shift in how we consume and share information online, and search engines with AI capabilities are influencing user behavior as well.
How well do you understand Web 3.0? Are there any differences between it and its predecessors? Keep reading this blog to learn more!
- What is Web 3.0? The history of Web
To better understand the concept of Web3, let’s find out the evolution of the Web. The first version of Web is Web1 (Read-only), which existed from 1990 to 2004. Tim Berners-Lee, who was working on the protocols that would become the World Wide Web, created Web 1.0 in 1989. Web 1.0 consisted primarily of static websites owned by businesses, with little to no interaction between users — individuals rarely produced content — leading to it being known as the read-only web.
The era of the web evolved to Web 2.0 where users not only receive information, but also interact with it. Companies began to provide platforms for users to share user-generated content and engage in user-to-user interactions rather than simply providing content to them. During this period, many tech giants such as Apple, Amazon, Facebook,… were also founded.
Following the Read-Write concept of Web 2.0, Web 3.0 has recently been well-known for the vision of a new, better internet. Web3 uses blockchains, cryptocurrencies, and NFTs to return power to users in the form of ownership. Furthermore, it incorporates decentralization and artificial intelligence so that computers can analyze data in the same way that humans do, providing users with valuable content tailored to their specific needs.
2. 05 Key Features of Web 3.0
a. Decentralization
In web 3.0 development, information will be stored in multiple locations simultaneously without relying on tech giants. Web 3.0 will be accessible from any location and device securely over the Internet without being traced. The information will be sold by users through decentralized data networks, thus granting them data ownership control.
b. Semantic Web
Semantics is commonly defined as the study of the relationship between words. The semantic web is the ability of computers to analyze large amounts of data from the Web, such as content, syntax, transactions, and person-to-person links.
It enables users to create, share, and link content through search and analysis that is based on the ability to capture the meaning of words rather than keywords and numbers. In other words, it will improve data communication and provide a better user experience.
c. Connectivity
Many of the shortcomings of Web 2.0 will be eliminated in Web 3.0. Because of semantic metadata, information is better linked with Web 3.0. As a result, the user experience advances to a new level of connection that utilizes all available data. Furthermore, advancements in Internet of Things (IoT) technology will pave the way for many new types of smart devices for Web 3.0.
d. Artificial Intelligence and Machine Learning
AI and Machine Learning will be utilized in Web3 development to assist machines in filtering and providing the best information to end users based on their search. Computers will be able to imitate how humans learn, gradually increasing their accuracy. As a result, they will produce more relevant results than Web 2.0’s straightforward targeted advertising.
e. 3D Graphics
Web 3.0 3D graphics will provide a more realistic and three-dimensional cyberworld. It will add a new level of immersion not only to online games, but also to Web 3.0 websites and services such as Real Estate, Tourism, eCommerce,…
3. Outstanding Web 3.0 Projects
Siri: Voice recognition in Apple’s Siri is an example of Web 3.0 components. Because of the pre-programmed algorithms in the iPhone, Siri could initially only assist users with basic commands such as reminders or directions to the nearest grocery store. And this could only be done if the grocery store had a website with directions. The search results were otherwise deceptive. It can now help you with countless complex commands, such as booking an appointment, replaying a video,…
Ocean Protocol: Ocean Protocol is a blockchain-based data sharing protocol that emphasizes transparency and scalability while bringing decentralization to data sharing. This Web 3.0 crypto project has its own app that allows for secure data publishing. There are also Ocean Libraries that are used to create marketplaces.
4. Conclusion
To sum up, the future of Web3 will be promising, with many opportunities it brings to us. Web 3.0 will not only ensure the privacy of your data, but also contribute to and control content produced on the web.
Want to take first steps in Web3 projects? Get in touch with us right now!
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