What Is Web 3.0: as the name itself suggests, is the emerging phase or the latest phase of the evolution of the internet. Web 3 or web 3.0, is based on the concept of creating a totally decentralized ecosystem. This new technological dimension believes in leveraging the power of A.I., machine learning, and the latest technologies like blockchain to solve the problems of the present-day internet/ online ecosystem.
What is web 3.0 is the all detail given this blog. So, next big thing in the world of the internet. Web 3.0 is still in its early stages, but it is already bringing about a lot of changes.
So, there are all descriptions of web 3.0 technology, its feature, and the benefits of this technology in these FAQs. so, read this blog and enjoy more.
What Is Web 3.0?
Web 3.0 is a new type of web technology that is more advanced than the previous two generations like web 2.0 which is the current version of the internet that we are all familiar with.
Web 3.0 is also known as the world wide web.
Moreover, Web 3.0 major benefit is that it seeks to solve the most serious issue that has arisen as a result of web 2: the gathering of personal data by private networks, which is subsequently sold to marketers or potentially stolen by hackers.
So, web 3.0 network is decentralized, meaning that it is not controlled by a single organization and the decentralized application created on top of it are open.
Features Of Web 3.0
Finally, The basic idea behind the concept of web 3.0 is to make the internet a smarter place. This new era of the web will make the internet more responsive, intelligent, and capable of giving a more satisfying and tailored experience to the user. It will totally transform the way we know or use the internet today. In order to understand the possible changes that we might see in web 3.0 we would need to know the following four main pillars/features of web 3.0
First is the artificial intelligence of primary feature of web 3.0. That will be its ability to decipher human emotions and thoughts. Artificial intelligence or AI will use extensively to filter data and concepts and to tailor the search according to the user’s preference.
Also second, is a semantics web. Semantic is the study of the linkages between words. The semantic web would enable the computer to analyze data and decode the meaning and emotions that they are trying to convey. This will help in giving a better and more pleasing internet usage experience to the users.
With web 3.0, information is more connected because of semantic metadata. Users will be able to experience a new level of connectivity that leverages all available information.
The third is ubiquity, which means the power to be present everywhere at the same time, in simple words, ubiquity means omnipresence. Now web 2.0 or the internet as we know it today is already quite omnipresent. So web 3.0 will simply take it a step further by making the internet more widely accessible using the (IoT) internet of things.
So, Web 3.0 will brings in new graphics technology, making the three-dimensional virtual world a reality. The use of 3D graphics will make the internet user experience more immersive and will also be helpful in transforming a variety of sectors like health, e-commence, real, estate, etc…
Advantages Of Web 3.0
- Expanded data connecting: semantic web will help in the network of online information.
- More productive web perusing.
- Compelling correspondence.
- More adequate and accurate search results.
- Working on the internet becomes much easier as the internet is personalized.
Disadvantages Of Web 3.0
- Less progressed gadgets won’t have the option to deal with 3.0.
- Web 1.0 sites will appear to be substantially more outdated.
- It tends to be exceptionally confounding for newcomers to comprehend.
- Easy to get users’ public/private information.
- People will spend more time surfing the web.
How Will Web 3.0 Affect Online Businesses?
The three most important needed for an online experience according to these professionals were “a digital footprint for analysis”, ”enabling digital transformation”, and “provision of flexibility and variability”.
So, Web 3.0 will allow businesses to better understand their customers, manage their data, and improve their products and services. Web 3.0 will make it easier to raise funds, acquire customers, and research their markets.
What Is Web 3.0 You Need To Learn Now FAQ
Q: What are some examples of web 3.0?
- Wolframe Alpha
- Apple Siri
Are two best examples of 3.0
Q: How big is the web 3.0 market?
The worldwide 3.0 blockchain market size is expected to reach $12.5 billion by 2018, rising at a market growth of 38.2% CAGR during the forecast period.
There are other challenges that need to be solved on the way to web 3.0 challenges such as the lack of inheritance interoperability between different blockchain networks, the complex implementation of blockchain systems, and the precise coordination needed to ensure that a blockchain network operates properly. But given the considerable benefits and the fact that the web has always managed to incorporate new technologies, chances are that decentralization will be a significant part of the next major iteration of the web.