The promise of decentralization is here to reign the internet!
It might sound a bit shocking to hear but like everything else, the evolution of the internet is upon us. The newest evolution is termed Web 3.0 with Web 1.0 and Web 2.0 labeled as the predecessors.
What happened to the predecessors? One might think, but well, Web 1.0 is now utterly and genuinely lost in the dark, and Web 2.0 is most widely known because of its dominant position in the market, a position Web 3.0 is vying for.
Evolving Artificial Intelligence space is a testament that the new era of the internet is upon us. It’s a type of internet that is readily changing the course of the future. Its true potential will be unleashed when the new internet is fully embedded in the web infrastructure. But for now, we can only deliberate the features of the new internet also known as Web 3.0.
Web 3.0 is the next evolutionary chapter of the web/internet. It will potentially cause a paradigm shift as big as Web 2.0.
No official definition of Web 3.0 has been compiled yet but informally it is defined as,
“Web3.0 is an idea for a new iteration of the World Wide Web, based on blockchain technology, which incorporates concepts such as decentralization and token-based economics.”
Berners-Lee outlined decentralized as a concept that has no “kill switch”.
“No permission is needed from a central authority to post anything on the web, there is no central controlling node, and so no single point of failure...and no ‘kill switch’! This also implies freedom from indiscriminate censorship and surveillance.”
Web 3.0 also known as the Semantic web has information stored in multiple databases and hence can be decentralized. This allows users to have major control over their data. The user-specific nature of the semantic web guarantees data privacy and security.
Since web 3.0 will work through decentralized protocols –the founding blocks of cryptocurrency and blockchain — a symbiotic relationship within these technologies will be seen on the horizon. All of these technologies will be interoperable with seamless integration.
Artificial Intelligence or AI is a big part of data processing and user interaction in Web 3.0 which already makes it more interactive and dynamic.
It wouldn’t be wrong to say that AI and blockchain combined will redefine the infrastructure and web experience of the users.
Democracy across the internet. Who would’ve thought?
A new evolution of the web with real-world human communication is sure to raise many eyebrows. To expect apprehension approaching the new web wouldn’t be a rare case. So, let’s discuss the distinguishable Web 3.0 features that will ease your mind towards a more approachable Web 3.0 space!
Web 3.0 is also referred to as the semantic web. (Semantics is defined as the study of the relationship between words.) The semantic web enables analyzation of different amounts of data from the web, including transactions, content, and various links between persons.
Semantics deals with the meaning or emotion of the content. For instance,
➔ I love Blockchain
➔ I <3 Blockchain
Different syntax but the semantics of these two phrases is the same. Now applying the same thing to a web would allow machines for the first time to decode and analyze content based on meaning and emotions. And we all know, people are a hooker for semantics!
If you ask, Artificial intelligence is a defining feature of Web 3.0. AI combined with Web 3.0 has molded around the core concept of decentralization and a web that promises to provide real human interaction.
You can expect information at a much faster level and more relevant result generation — with assured authenticity and precision.
User interaction and connection are going to set Web 3.0 apart from its predecessors. Information and data will be more connected than ever, thanks to semantic metadata. IoT is the perfect example of connectivity; You can access data from multiple applications anytime, anywhere, increasing effective user interaction.
Accessible information and the internet suggest that we will no longer be confined to laptops, PCs, and smartphones but newer smart gadgets. Is it not exciting to make anybody, anytime, anywhere true in the real sense of the word?
Blockchain plays a very crucial role in making web 3.0 a success. It has provided a successful foundation for data storage in multiple copies of the P2P network. Data structures have seen transformations in the web backend and the credit goes to the blockchain.
It also supports the governance layer which runs over the existing internet. The governance layer allows two unknown people who don’t trust each other to reach agreements and settle transactions over the internet.
Web 3.0 is already eliminating many drawbacks of web 2.0. Ubiquity is defined as ‘presence everywhere or in many places especially simultaneously’ and Web 3.0 is in cohorts with this statement and ubiquity is omnipresent. So, data can be accessed via multiple outlets anytime without the constriction of devices, time, and place. This leads to transparency, innovation, and openness of the data. A fact that many are cherishing and will continue to cherish.
3D is already the mother of all designs, being readily and extensively used on websites, gaming platforms, film, music, etc. Virtual worlds have been created all owing to three-dimensional technology.
3D has revolutionized numerous sectors — layering basic content with more engagement, intuition, and realism. Transforming digital productivity is the major pro of 3D.
Web 1.0 was the ancient internet, the first of its name. First browsers can be dated back to the 90s with only directories and web pages available.
Then came web 2.0, and we couldn’t believe how fast the internet had changed. This is where the commercialization of the internet happened.
Web 2.0 evolved, with new entities being added to the basic infrastructure. From the introduction of virtual communication platforms to Amazon and Google, Web 2.0 has created an era of interoperable services.
But now, Web 3.0 is the defining period of the internet.
Web 3.0 is in the league to win the scroll of evolution. And it has many supporting bodies including AI, Blockchain, and the most recent introduction to the metaverse.
This has proven how far mankind can maneuver and influence technology and how far we all have come. We have altered the course of history in more ways than one and there is no going back now!
Seeing as we have already discussed the key features of web 3.0, let’s uncover basic layers of Web 3.0:
· Edge Computing
· Artificial and machine learning
No matter how deep you go all these layers are highly interconnected. You need one to make the other function. The foundation of Web 3.0 has a series of algorithms that have changed the course of simple internet services.
The capabilities that all these slabs combined have made data structures secure in their way. So, peel back one layer and you’ll find that a symbiotic relationship is thriving without outside interference and the complete control it will give to the user is something to be explored more.
Web 3.0 has a different paradigm and Web 2.0 will be bowed out of the evolution race soon enough. This means more exponential integration of the internet is underway. Ever imagined the internet to be as simple as breathing? Web 3.0 is making it happen! Let’s open our minds toward more tech miracles and the forthcoming internet revolution!
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