What Is Web 3.0?

What Is Web 3.0?

Web 3.0, Cryptocurrency and Blockchain

We can expect a strong convergence and symbiotic relationship between these three technologies and other fields. Web 3.0 networks will operate through decentralized protocols, the foundational elements of blockchain and cryptocurrency technology. These networks will be interoperable, seamlessly integrated, and automated through smart contracts. They will power everything from microtransactions in Africa to censorship-resistant P2P data file storage and sharing with applications like Filecoin. This shift will transform how every company conducts and operates its business. The current crop of DeFi protocols is just the tip of the iceberg.

Web 3.0 Technologies 

Web 3.0 will rise from the natural evolution of elderly web tools coupled with cutting-edge technologies such as Artificial intelligence and blockchain, as well as user interconnection and increased internet usage. Internet 3.0 appears to be an improvement over its predecessors, web 1.0 and 2.0.

Web 1.0 (1989-2005)

Despite only providing access to limited information with little to no user interaction, Web 1.0, also known as the Static Web, was the most reliable internet in the 1990s. Creating user pages or even commenting on articles wasn’t a thing back then.

Because there were no algorithms to sift through internet pages in Web 1.0, it was extremely difficult for users to find the data. Simply put, it’s like a one-way street with a narrow sidewalk where content was created by a then-choose few, and information was mostly sourced from directories.

Web 2.0 (2005-present)

The Social Web, or Web 2.0, made the internet much more interactive due to advancements in web technologies such as Javascript, HTML5, CSS3, and others, which allowed startups to build interactive online technologies such as YouTube, Facebook, Wikipedia, and many others.

This cleared the way for the growth of social networking sites and user-generated content creation, as information could now be distributed and shared across multiple platforms and applications.

Several web innovators, including the aforementioned Jeffrey Zeldman, pioneered the set of tools in this era of the internet.

Web 3.0 (yet to come)

Web 3.0 represents the next stage of web evolution, making the internet more intelligent and capable of processing information with near-human-like understanding. It leverages AI systems to run smart programs that assist users.

Tim Berners-Lee describes the Semantic Web as designed to “automatically” interface with systems, people, and home devices. As a result, both humans and machines will participate in content creation and decision-making. This approach enables the intelligent creation and distribution of highly tailored content directly to each internet user.

Key Features of Web 3.0

To truly comprehend the next stage of the internet, we must examine the four key features :

• Ubiquity
• Semantic Web
• Artificial Intelligence

• 3D Graphics

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Author: TechBlonHub

As a passionate blogger, I'm thrilled to share my expertise, insights, and enthusiasm with you. I believe that technical knowledge should be shared, not hoarded. That's why I take the time to craft detailed, well-researched content that's easy to follow, even for non-tech. I love hearing from you, answering your questions, and learning from your experiences. Your feedback helps me create content that's tailored to your needs and interests