Wherever we see, people are just talking about, Internet, internet applications and its benefits. Web 3.0 is a hot topic these days. Is really web 3.0 is the future of the internet or it’s just a scam? In this post, we will explain what Web 3.0 is and what makes it different from Web 2.0. We will also briefly cover its benefits. So, let’s go and dig out what is web 3.0 and what are its benefits?
To better understand Web 3.0 and what sets it apart from the Internet we know and use, we must first look at Web 1.0 and Web 2.0.
Called the Static Web, Web 1.0 was the original internet that offered access to limited information. In the 1990s, the websites were built with static HTML pages, so they only displayed information, with users being unable to change the data. As a result, there was little to no user interaction, and the first internet was more like a one-way highway where only a select few created the content and the information came from directories. Web pages were designed for information consumption and served from expensive servers.
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What Is Web 3.0?
Even though the current internet generation has changed things considerably, it has drawbacks, such as centralization, surveillance, and exploitative advertising. Here is where Web 3.0 comes in. The third generation of the internet is aimed at being an open, intelligent, decentralized internet. It is thus also referred to as the Decentralized Web, where data will be interconnected in a decentralized way.
Internet applications and services will be powered by distributed ledger technology, with the most common one being the blockchain. Also, AI and machine-learning algorithms will play a crucial role. The aim is to use them to provide faster, more relevant data to end-users. That is why Web 3.0 is also called the Semantic Web. Websites using AI should have the ability to filter the available data and provide the user with the information that it finds appropriate. The aim is for AI to enable machines to interpret the meaning behind the data, that is, their semantics, and, therefore, deliver considerably smarter user experiences.
Advantages of Web 3.0
The first steps toward Web 3.0 have already been taken, with decentralized infrastructures and application platforms being the focus for many developers and internet users. Here are some of the benefits of Web 3.0 as we envision it now:
Web 3.0 will have no central point of control, which will displace centralized tech giants and enable individuals to regain ownership of personal data. Decentralization and blockchain technology will thus change the way data will be used and monetized, with the individual being the one in control of it. Greater information availability and interconnectivity. Given the decentralized nature of Web 3.0, larger data sets will be available, which means there will be more information for algorithms to analyze. This will further help the individuals get more accurate information that will cater to their specific needs.
Increased browsing efficiency
The developments we’ve seen in the last few years have made search engines better at showing relevant results. However, some of the systems used, such as the social tagging systems, can still be manipulated. With Web 3.0 and smarter algorithms, AI should be able to filter even manipulated results and provide users with unbiased data.
A personalized internet experience
By applying semantics to the Web and enabling machines to decode meaning through data analysis, Web 3.0 will deliver a personalized internet experience. For example, by leveraging smarter AI systems, Web 3.0 can improve advertising and provide users with ads that are useful and relevant to their needs.
Large corporations and centralized repositories have dominated the internet, leaving individuals with reduced control. Web 3.0 aims to change that by making the individual a sovereign. Its decentralized protocols will enable individuals to connect to a new internet generation where they will not only own their data but will also control who profits from their time and information. Furthermore, the use of smarter AI algorithms and machine learning will ensure a more relevant user experience.
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