The Internet's bright future is something to look forward to. Many industry experts believe that WEB 3.0, the next generation of the Internet and web protocol, will have far-reaching effects on businesses and society.
Is it possible to define WEB 3.0 in a few words? Where did WEB 1.0 and 2.0 go?
Web 1.0, the initial iteration of the World Wide Web, began in 1994 and lasted until about the year 2000. Web 1.0 is the initial phase of the evolution of the World Wide Web (WWW), which was defined by the prevalence of static web pages.
Sites that prioritise user experience and incorporate user-generated content are part of the second generation of the Internet, known as Web 2.0. The Web 2.0 movement caused a change in the way people share and receive information online. Increased use of social media sites like Facebook, Twitter, and YouTube, as well as mobile apps like Instagram, facilitated the portability of data. Web 2.0 emphasises the importance of powerful, networked servers.
The third iteration of the World Wide Web, sometimes known as WEB 3.0, is currently in development. Both AI and semantic web technology are utilised. Building on the foundation of Web 2.0's socially connected as well as interactive sites and Web 1.0's informational sites, WEB 3.0 will usher in the next stage of expansion for web-based enterprises. With the advent of Web 3.0, the Internet is transformed into a virtual marketplace where customers and sellers can engage in real-time.
WEB 3.0 offers a bespoke framework that helps in reusing the information and sharing it more readily among programmes, communities, and businesses through the Semantic Web in addition to personalisation.
The brighter side of WEB 3.0
More Power to People:
WEB 3.0's guiding philosophy is to decentralise data storage and use, giving users more control by making them the data's sole proprietors. In the same way that NFTs allow buyers to keep the digital works they create, this model allows users to keep the works of digital art they acquire.
Accountability through Blockchain:
WEB 3.0 encourages personal responsibility among its users, rather than relying on the caprices and biases of large technology companies. Privacy, decentralised infrastructure, identities, and application platforms are all safeguarded by this system of trust verification. WEB 3.0 aims to make the Internet a more just place by giving users more control over their own data and experiences.
Control over Content:
Users of WEB 3.0 would also be spared intrusive and unavoidable pop-ups and adverts. In WEB 3.0, users can choose how many advertisements they see and will be rewarded if they choose to see no advertisements at all.
WEB 3.0 is based on an interesting idea, and it would be great if we could all agree on how to implement it. However, there are still certain issues that need fixing before they can become widely used.
Features of WEB 3.0:
Semantic Data and Information:
You may be curious about the future of the Internet. Should this be the case, there are a few things we'd want to emphasise. Using Google's Knowledge Graph, information is presented in a more logical and organised fashion. Results are better structured and summarised.
The ultimate goal is to simplify human-to-human and human-to-community communication through the creation, distribution, and interconnection of machine-readable content.
The Internet, generally speaking, should be more geared toward artificial intelligence. A person may now confidently search the web and find exactly what they need with no effort. Artificial intelligence (AI) plays a vital role in the financial sector, where it will revolutionise the way money is managed in the years to come. To put it another way, artificial intelligence will be the driving force behind the third iteration of the blockchain revolution. Efforts like Google's recent purge of user bias from the Play Store demonstrate how AI may be used to identify and eliminate fraudulent reviews, ratings, etc.
Therefore, natural language processing will be used in the next generation of the internet to make data and user interfaces more accessible to everyone.
Spatial Web and 3D Graphics:
WEB 3.0 is sometimes referred to as the Intelligent Web, mesh, Semantic Web. Its primary goal is to construct a network capable of not only linking us together but also supplying us with useful information and guidance.
More control is given to the user, more intelligence is added, and more communication channels are opened up in WEB 3.0 thanks to the new semantic web. Semantic metadata allows users to take advantage of all the data at their disposal for a more refined and interconnected experience.
The World Wide Web (WWW) 3.0 is an enhanced successor to the current Web 2.0. As a result of its user-friendly features, the internet would become a far more individual experience, allowing users to create more interesting content from more devices.
WEB 3.0 is a major step forward in terms of universal internet access. As an added bonus, this pervasiveness represents an optimistic outlook on the World Wide Web. The term is used to describe a system where data may be easily shared between different systems.
How will WEB 3.0 transform the Digital Era?
Apart from the benefits we've outlined, WEB 3.0 is a major step forward that will accelerate the digital revolution.
Immersive interactivity accelerated as well as expanded learning via virtual reality/augmented reality experiences, and other forms of WEB 3.0-style digital transformation will be available to all users. It's not just for video chatting, however; it has the potential to usher in an open-source, privacy- and security-focused Web of the future that's centred on individual users.
Furthermore, it will facilitate trustless data transfers, automated, cryptocurrency-based payments, and simple ownership transfers, all of which will alter the way humans and machines interact. In addition to this, the semantic WEB 3.0 would open the door to a plethora of new opportunities, including as DAOs, DACs on a global scale, self-sovereign identities, and decentralised data marketplaces.
WEB 3.0 will begin to take shape in 2022, and it certainly will have long-term consequences that may be difficult to handle. The first step is to figure out where you want to go and what you want to do. To guarantee a fluid, adaptable WEB 3.0 presence that serves the needs of your clients, you should consult with your compliance, business intelligence, communication, as well as cybersecurity design teams.