We are currently living in the Web 2.0 era where users can generate their content and there is more usability for users in comparison to the previous Web 1.0. Each version of the web differentiates greatly from the others in terms of its usability, accessibility, and ownership of content.
So what does Web 3.0 have to offer that the current web does not? What development will occur with Web 3.0 on the rise?
Technology is constantly advancing it is essential to stay ahead of the curve and know what the future has in store to prepare fully for any major advancements. This is why getting into the Metaverse and Web 3.0 will be crucial to all careers and businesses.
Keep reading to find out how you may even be using Web 3.0 now!
What is Web 3.0?
Web 3 or Web 3.0 is the third-generation internet or the next evolution of the web. It is currently a work in progress, it is essentially a decentralized version of the web today. Do you know what the www in your web address means? To break it down “www” refers to the World Wide Web it is the internet’s information retrieval system. Note that the Web is not the Internet; the Web is only one of many that are built on the Internet.
What is the History of the Web?
It is necessary to delve into Web 3.0’s predecessor to understand how advanced the Web has become and the capabilities Web 3.0 has in store.
The development of the World Wide Web was started by Tim Berners-Lee and his colleagues in March 1989. The Web was originally developed to meet the demand for information-sharing between scientists and institutions around the world.
Here are the evolutions that the Web has gone through:
Web 1.0
It is the earliest version of the Internet and is composed of web pages joined by hyperlinks. It does not hold any visuals, controls, and forms that we see today. Specialists refer to Web 1.0 as the “read-only” web because there was no significant interactivity then. The user was mainly passive and most of the user input was done offline. People only used the internet to read about or to get updates. A very simple text chat was its only feature that only came about later on.
The use of dynamic URLs was eventually introduced which opened possibilities on what the internet could do.
Web 2.0
Web 2.0 was first introduced during the first Web 2.0 conference held in 2004 during the first Web 2.0 conference. Web 2.0 refers to worldwide websites that highlight content created by users, usability, and interoperability for end users. Web 2.0 is also called the participative social web where users can modify the way the Web pages look and how it’s used.
Here are some examples of online tools that Web 2.0 contain:
- Social Media
- Tagging
- Social Networking
- Blogging
In summary, Web 2.0 is the enhanced version of Web 1.0 where users can interact and collaborate.
Web 3.0
Web 3 is the next or third generation of the internet. It is the latest technology that utilizes machine learning, AI (artificial intelligence), blockchain, and decentralization to achieve real-world human connection despite the distance
Currently, there is no standardized definition of what Web 3.0 is about but it does have these defining features:
Machine Learning and Artificial Intelligence
The algorithms have advanced in such a way that their data and predictions have become valuable and sometimes life-saving. Machine learning is used to process a large amount of data in real-time so that it can predict behavior and needs. Some may argue that Web 2.0 have similar capabilities, however, at its core, it is still human-based which allows for corrupt behaviors like human errors or biases. With machine learning and AI, areas like medication creation and manufacturing are starting to see the benefits of AI.
Blockchain
Blockchain is the foundation of Web3. They store information in a digital format into a ledger that is shared among the computer network. Blockchains are wildly known for their role in cryptocurrency as they maintain a decentralized record of transactions and data.
Decentralized
Decentralization means that control and decision-making do not belong to a single authority but to a distributed network. With decentralized networks, it removes the ability of a single entity having the ability to exert control over others. Through decentralizing, it helps optimize the distribution of resources and services as well as provide consistency and improve stability. Thus, reducing the chance of any errors or failures.
Examples of Web 3.0 Today
Apple’s Siri
Siri is an artificial intelligence that combines both AI and speech recognition techniques to search the web and deliver results. Siri and other voice assistants can share information and provide the user with accurate search results. The previous version of Siri could only do simple tasks such as giving directions and reminders. Now, Siri can give detailed answers and even display some personality.
Everledger
Everledger is a company that allows users to store their data in digital global records that they can access there at any time. They use a Web3 feature that can encrypt the user’s data. This minimizes any risks of fraudulent behaviors and protects the data of users, banks, and insurers.
e-Chat
e-Chat is an example of a Web 3.0 messenger app that is powered by a decentralized blockchain. It is a secure messenger app that is mainly used to send cryptocurrency without the fear of any theft. The e-Chat application is available on App Store and the Play Market.
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