Brief Introduction To Web 3.0

Posted By : Amarnath Kumar | 28-Feb-2022

Web 3.0 is the third iteration of the Internet that connects data in a decentralized manner to provide a faster and more personalized user experience. It is built using Artificial Intelligence, Machine Learning and Semantic Web, and uses a blockchain security system to keep your information secure. Decentralization, openness and incredible user usability are the defining characteristics of Web 3.0.

For Accuracy :

The idea behind using the Semantic Web is that it understands and interprets the context and concept of data. Therefore, when a user searches for an answer, Web 3.0 provides the end user with the most accurate and relevant results.

Why Web 3.0?

Because Tech giants like Google, Facebook and Microsoft are some of the companies that are currently making huge profits from user data. But Web 3.0 will enable us all to be compensated for our time and data: "People have been exploited by tech firms—essentially, tricked into giving away valuable data that those firms have received with little or no Compensation is not given to those who collect it and benefit from it. with Web 3.0 people should be paid for the data they share.

This means that users will be able to sell their data to advertisers while maintaining ownership and data privacy. In addition, Web3 will enable websites and applications to make more meaningful use of data and tailor the information to each user. Therefore, this third generation of the web is an internet where you will enjoy personal interaction with machines and websites in the same way as you would while communicating with any other human being.

Key features of Web 3.0 are:

Open - This is 'open' in the sense that it is built with open-source software developed by an open and available community of developers and completed in full view of the public.

Trustless - The network provides users with the freedom to interact publicly and privately without intermediaries, hence the "trusted" data.

Permissionless - Any person, including users and providers, can engage without requiring permission from a controlling organization.

Ubiquitous - Web 3.0 will make the Internet available to all of us, anytime and from anywhere. At some point, Internet-connected devices will no longer be limited to computers and smartphones, as they are in Web 2.0. Due to IoT (Internet of Things), technology will enable the development of many new types of intelligent gadgets.

Web 3.0 Layers are :

While Web 2.0 was primarily driven by the introduction of mobile, social and cloud technologies, Web 3.0 is driven by three new layers of technological innovation:

  • edge computing
  • decentralization
  • artificial intelligence and machine learning
  • blockchain

What is the advantage of Web 3.0?

  • data ownership
  • decentralization
  • easy access to information
  • transformation of human cooperation
  • streamlined workflow
  • accurate information
  • personalized web experience
  • better marketing

What are the disadvantages of Web 3.0?

  • Techniques not ready yet
  • computer advancement needed
  • it can be addictive
  • It can be complicated for novices
  • need privacy policies

 

 

About Author

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Amarnath Kumar

Amarnath Kumar is a highly skilled Backend Developer with over 2+ years of experience in the industry. He is well-versed in the latest technologies and has hands-on experience in Core Java, Spring-Boot, Spring-Security, Hibernate, Apache Kafka messaging queue, and Blockchain application development based on Ethereum, Tron, and Relational databases like MySQL and PostgreSQL. He is proficient in API implementations, Web Services, Socket programming, and code enhancements. He has contributed significantly to the company's success through his work on various client projects, including Wethio-Exchange, Hedgex Exchange, and many more. He enjoys reading and exploring new technologies to enhance his knowledge and expertise.

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