The internet has developed over the past 30 years from a comparatively simple network connecting computers to a massive worldwide network of interconnected networks. This is where Web 3.0 enters the picture, a development of the internet that aims to build a more decentralized and secure system. Smart contracts, Blockchain technology, and Peer-to-peer networks are used to build a decentralized, open, and transparent internet.
Don’t worry if you’re unclear about what something means or how it works. This article explores the web’s development and the main functions and uses of Web 3.0. In the following article, we’ll go deeper into the frameworks and tools used by blockchain technologies and the security aspects of Web 3.0.
The growth of the Web
The internet has changed significantly. The World Wide Web, often known as Web 1.0, was developed as a communication and information-sharing platform. Although it was basic and did not permit user-web interaction, it was a beginning. Web 1.0 is comparable to an encyclopedia, where you can open a book, read the contents, and then close the book again.
Then came Web 2.0, which was far more advanced than its forerunner. Users who could now interact with information in previously impractical ways had a considerably richer experience as a result. Data exchanged online is held in databases that are owned by search engines, platforms, websites, etc. and is neither owned by the user nor under their control. Parties other than the user may profit from this information, for example, by using the insights to create targeted adverts. Social media also took off during Web 2.0, opening up new channels for human connection.
The most recent version of the internet, known as Web 3.0, promises to be even more transformative than its forerunners. Users will be able to connect with websites in whole new ways with this update, including using decentralized applications (Apps). Due to the partial connectivity of users’ digital identities, users will have complete control over their data and the option to remain anonymous.
Why Web 3.0 Is Vital for the Future
The main causes for why web3 will be significant in the upcoming years are listed below:
Less dependence on centralized repository: Web 3.0 aims to diversify the Internet’s sources to prevent hackers, leaks, and dependence on centralized repositories.
More individualized interactions: As long as most users continue to value unique and customized web surfing experiences, Web 3.0 will become more and more significant in 2023.
Better digital search helpers: The demand for humanistic digital search helpers that are significantly more intelligent, widespread, and powered by semantics, blockchain, and AI is expected to rise.
Less reliance on middlemen: It will help in removing the work of middlemen in firms, get rid of rent-seeking middlemen, and transfer this value directly to the users and suppliers in a network.
There will soon be a totally user-controlled Internet that allows users to view their data and maintain their privacy (or not). All of this will run on blockchain.
Web 3.0 will speed the ethical and transparent use of user information. The interactivity and engagement of the internet will increase.
Soon, there will be a new Internet! Let’s energetically welcome web 3.0.