Why Web 3.0 is the next internet revolution?
You would have stumbled upon the term "Web 3.0" today, commonly known as the next generation of the Internet. Every month, over 18000 active developers execute code to open source crypto and Web 3.0 applications. If you are unfamiliar with this, think of the scenario when you could use a single account to go from shopping to email to social networking. That is what Web 3.0 evolution/development is about. Utilizing the integration of Machine Learning and Artificial Intelligence allows it to interpret the input as well as what you are trying to convey and deliver the recommendation individually.
The internet has certainly evolved through time. Web 1.0 consists of static web pages serving content existing in the file system of the server. It enables users to access data from anywhere without any feature to interact with the content. Followed by Web 2.0, which allowed users to interact with the content they saw on the web and encouraged user-generated content growth. Though it came with advancements, it came with certain drawbacks, like less control over user data and security. On the contrary, Web 3.0 uses a decentralized network to pass data and transfer the control to owners. In addition, Web 3.0 evolution focuses mainly on empowering individual users rather than community development.
What is Web 3.0?
Web 3.0 is the improved version of the internet that goes past a centralized architecture while trying to interconnect data in a decentralized way to provide a snappy and personalized user experience. Also known as the Semantic web, it is built on Artificial Intelligence, and Machine Learning while utilizing blockchain technology to provide data security. It aims to support businesses by allowing them to develop applications by distributing logic across various block nodes. It enhances the transparency of business transactions and enables us to track all previous data. It also gets rid of the dependency of users on the service provider creating the platform.
Web 3.0 applications or dApps are developed on top of decentralized networks or blockchains, which is different from Web 2.0 where developers build and deploy applications using a centralized database. Moving towards characteristics, the new internet is seen to be more connected, secure, user-centric, and private. With intelligent searches and behavioral advertisements, Web 3.0 can provide personalized experiences.
How does Web 3.0 work?
Generally, the internet works through servers. Information travels to the server and flows out of it based on the user’s online activities. The service provider has control over this data exchange between two users. What started with a couple of computers connecting became the World Wide Web. Web 3.0 aims to benefit from every device connected to it, the same thing is happening with cryptocurrencies which are doing very well now. So concept-wise, Web 3.0 is not new. It is built on the idea of edge computing and uses platforms built on top of the blockchain, NFTs, cryptocurrencies, and more. Read more- Why Web 3.0 is the next internet revolution?
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