Web 3.0: Understand the main Concept and Features of Web 3.0

 

Web 3.0

The third generation of the internet, known as Web 3.0, is still a very undefined concept even for those who are up to date with the latest developments in the digital world. Currently, it can be said that the legacy platforms of the second generation, Web 2.0, are integrating the resources that are the basis of the new era of the internet.

Artificial intelligence and blockchain are some of the key technologies that are part of the proposal for a freer and more decentralized internet in Web 3.0. If you want to understand more about this concept, continue reading and enjoy the information in our guide!

The concept of Web 3.0

Web 3.0 represents the “new era of the internet”, marked by a set of characteristics and innovations, such as ubiquity, connectivity, decentralization, artificial intelligence, and blockchain. This is not a specific technological advance, but a change like users' experiences with the internet.

The Web 3.0 proposal is also known as the “semantic web”, an expression that serves to designate the moment when computers not only understand data but interpret the underlying context around it. This advancement helps humans and computers work together to complete tasks.

However, before version 3.0 of the internet took its first steps, other versions were created. Web 1.0, which emerged in the late 1980s and early 1990s, was invented with the need to improve information sharing between the scientific and academic communities.

It was characterized by being a “read-only web”, that is, users could only view the content, but not interact in a meaningful way with the sites.

Web 2.0, which emerged in the early 2000s, brought a fundamental change. With the advent of social networks and interactive technologies, the internet has become more participatory. A wide range of people were able to create profiles, share content, and interact with other users on dynamic platforms.

Now, Web 3.0 emerges as the next stage in this digital evolution. It is defined by key characteristics that make it unique. We will deal with this later.

The main features of Web 3.0

Web 3.0 has many important differences compared to its predecessor versions, especially due to the structural changes it has to offer. To understand more about these changes, check out the main characteristics of the new internet era below.

Omnipresence and connectivity

Web 3.0 would ensure seamless connectivity between users and devices involved in the ecosystem while remaining available at all times. The ubiquitous notion that “the internet never sleeps” is quite true.

The new features help capitalize on semantic metadata, which can help ensure new connectivity standards. At the same time, there is an association of Web 3.0 with the use of IoT (Internet of Things) sensors on a large scale.

Therefore, the proposal of Web 3.0 is to provide the guarantee of internet availability with good performance to anyone, regardless of place and time. The user can access the internet without any restrictions regarding the type of device.

Decentralization

Decentralized networks are a vital part of Web 3.0. Users can trade or exchange data without intermediaries, lack of ownership, or harm to privacy.

All “peer-to-peer” transactions will be recorded on a blockchain. Participants will be able to verify transactions without the need for a centralized authority using this technique. Applications include money transfers and other features.

Unlike centralized systems, decentralized applications (DApps) will be maintained by a computer network, not by a single server. Decentralized Finance (DeFi) will allow users to invest and save without traditional financial institutions.

Artificial intelligence

In Web 3.0, computers understand information like humans, using semantic web technologies and natural language processing. Web 3.0 also employs machine learning, a branch of artificial intelligence (AI) that uses data and algorithms to mimic human learning, gradually improving its accuracy.

These capabilities enable faster and more relevant results in areas such as drug development and new materials. This differs from the targeted advertising prevalent today.

Web 3.0 VS Web 2.0

The internet has changed drastically over the years and its current applications are almost unrecognizable compared to its early capabilities. Below, see a comparison of Web 3.0 with its predecessor. the version

Data storage and individual control

Web 2.0, characterized by its interactivity and collaborative content creation, focuses on connectivity and interaction with websites and platforms. Web 3.0 expands this idea, allowing individual control of personal data.

In the new era of the internet, you are not just a user, but a guardian of your information, deciding how and when to share it. This is possible through decentralized systems that empower individuals to manage their own data.

Expanded connectivity and digital experience

The Web 2.0 era has brought with it global connectivity and the ability to share information at scale. However, Web 3.0 delves deeper into the digital experience.

It goes beyond simple interaction and allows you to immerse yourself in a sensory experience. This translates into augmented reality, virtual reality, and more intuitive interfaces, that align with your individual senses and preferences.

Currency and decentralization

The crucial difference between the two phases of the Internet is the financial aspect. Web 2.0 operates primarily with traditional fiat currencies, while Web 3.0 relies on cryptocurrencies and adopts a decentralized financial model known as Decentralized Finance.

This change is not just about the currency, but about transferring control from centralized entities to the users themselves, which ranges from transactions to platform governance.

The importance of Web 3.0 today

Today's internet users have no control over most of the data they create or the personal information they provide to access various services and applications. New developments in Web 3.0, such as blockchain and artificial intelligence, are slowly changing this scenario.

Web 3.0 redefines users' online experiences as a whole. Websites will be able to automatically adjust to the user's device, location, and any accessibility needs they may have. And applications will become much more responsive to usage patterns.

At the same time, the new era pursues the objective of democratizing almost all aspects relating to the internet itself. Without centralized servers, Web 3.0 can definitely guarantee a lack of regulation or intervention by central authorities.

It's important to remember that Web 3.0 is in its early stages. The search for an online experience more inclusive, decentralized, and interconnected can still change the internet as we know it today in many ways.

Adil Malik

Hi there! My name is Adil Malik. I am a Tech blogger and entrepreneur from India. I have completed my graduation from Delhi University. I started my blogging journey back in 2017. I have been working in the industry for 7 years. So, Come with me as we explore the world of Technology and education.

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