The world of the internet leaves no chance to impress end-users. While we are done reaping the benefits that Web 2.0 sowed for us, Web 3.0 is all set to impress and sway us. Going a step ahead of the conventional internet, Web 3.0 is capable of designing open, permissionless, and trustless networks.
What wonders can it do? Is it a need of the hour? What does it mean for the future? All these and more questions are what we’ve addressed in this post. So, if you’re curious to know about Web 3.0 then stay tuned.
But before that, do you know
How Web 3.0 differs from Web 1.0 and Web 2.0?
World Wide Web heightening from “readable” to “writable” to “executable”. In web 3.0, computers will interpret information like humans and present more personalized content for the readers.
Web 1.0 –
Web 1.0 was the initial stage of the world wide web evolution. It was focused on the readable perspective of content only, not the dynamic of the websites. In short, web 1.0 is a content delivery network that can present the piece of needed information on websites.
Web 2.0 –
In the second stage, the world wide web focused more on user-generated content, interoperability, and usability for readers. With the growth of web 2.0, the participative social web comes into the picture. It focuses more on modifying the web design and page than any technical specification. With collaboration, web 2.0 allows writing user-generated content.
Web 3.0 – the evolution of web utilization and interaction.
Semantic Web, 3D Graphics, Artificial Intelligence, Ubiquity, and Connectivity are the new definition of the world wide web. Let’s have a look at web 3.0 in more detail.
Web 3.0 – Understanding the Headline Maker
Web 3.0 or Internet 3.0 is the term used for the third generation of the internet that is capable of endowing end-users with a bit more sophisticated and top-notch communication.
Tim Berners-Lee – the creator of WWW – and Web 3.0 as something much beyond the Semantic Web he had defined. These two terms are often used interchangeably. Speaking of Semantic Web, it denotes the system majorly dependent on machine-readable semantic data. The semantic data is generated via RDF (Resource Description Framework) or XML (eXtensible Markup Language).
The most updated Web 3.0 definition is explained in the connection of distributed ledger technology wherein Web 3.0 has made information authentication and decentralizing task are easier than ever making Blockchain adoption possible in every unfavorable condition.
Regardless of the definition used to explain Web 3.0, one fact exists in each definition as it’s this internet version is more productive, transparent, connective, and efficient.
Key Characteristics of Web 3.0
To grasp a better hold over Web 3.0 understanding, understanding some key traits is useful.
As quoted above, Web 3.0 is often referred to as semantic web, it’s considered a key defining trait for Web 3.0. Semantic web permits machines to perform a bit more efficient decoding of meaning and emotions leading to enhanced user experience with the new edge of web application development leveraging connectivity.
- 3D Graphics and Spatial Web
What sets Web 3.0 stands out from past internet versions is its ability to perform 3D graphics and a Spatial Web.
The presence of 3-D design has made Web 3.0 capable to design highly realistic and likable cyber experiences. It also expands the business outreach and service delivery.
Industries like online gaming, e-commerce, tourism, and many more have already assimilated the power of 3D graphics and have taken their product service permission a step ahead.
Spatial Web makes the utility of Web 3.0 a step ahead as it distorts the thin line between the virtual and real world. Virtual Reality or VR is one of the key in-built features of the Spatial Web and is used to visualize the objects and process a bit more.
- Artificial Intelligence or AI
The incorporation of AI has made Web 3.0 a bit more judicious and competent. Owning to the power of AI, Web 3.0 is skilled enough to extract meaningful information from video, text, photos, and other sorts of content. The use of AI makes segregation of useless and useful information and makes service delivery a bit more personalized.
- Blockchain and Cryptocurrency
It won’t be erroneous to call Web 3.0 designed for Blockchain and cryptocurrency technology. Blockchain technology fixes the key weaknesses of Web 2.0 and empowers Web 3.0. It has made Web 3.0 a bit more secure and controlled1. While one is using blockchain and cryptocurrency, the use of Web 3.0 supports cloud storage, tokenization, defi solutions, smart contracts, and many more technologies to churn out a bit more effectively.
- Constant connectivity
On-going and ubiquitous connectivity is another key defining trait of Web 3.0.
As semantic metadata is used in Web 3.0, information is always easily accessible. Data can be accessed at any time, device, and connectivity hindrance.
Additionally, the implementation of IoT, 5Gtechnologu, and speedy connection ensures that information is at its disposal.
Benefits That Web 3.0 Brings On the Table
The adoption of Web 3.0 brings a whole lot of perks and advantages for businesses and end-users. Have a look at them:
- The blend of AI and Web 3.0 makes browsing more effective. Accurate search results are offered in less time. The results are more user-oriented and address the information hunting issues more appropriately.
- Web 3.0 is strong and can stand against hacking and data breach attacks. It’s because of the use of blockchain and distributed ledger technology. The user information remains hidden and it endows the power to eliminate monopolization.
- With Web 3.0, end-users are allowed to enjoy continual and uninterrupted service usage. It’s because of the presence of nodes. In Web 3.0, data is stored in nodes that provide data instantly. Also, this internet version comes with an unmatched backup facility.
- Web 3.0 breaks are the barriers that stop people from accessing the internet and related services. The use of blockchain lift the restrictions imposed due to location, gender, and other demographics factors.
- Wondering how to get complete ownership of data? Try Web 3.0 as it makes this happen using high-end encryption. For large enterprises, it’s a great way to make the most of acquired data.
Challenges to Be Faced
While everything about Web 3.0 sounds good and impressive, its implementation is not always free from hassles. There are a couple of challenges.
For instance, the technological advancement that Web 3.0 brings along is not everyone’s capacity. Certain team members need the training to get their hands on this updated internet version.
Adherence to privacy laws is another major challenge. While information is so easily available, end-users must be extra vigil ensuring better data privacy.
Addressing these challenges is crucial to ensure the upright and fruitful implementation of Web 3.0. Any hurdles or issues on this part can be resolved with professional help. Technology partners like Bacancy Technology bring great relief. We offer all the needed Web 3.0 related assistance and make things work for you.
Some changes are good and needed to address future needs. Web 3.0 is one such change. With this version, the internet becomes a bit more powerful and competent. The adoption of blockchain technology becomes easier than ever. Any qualms and hindrances, faced during the Web 3.0 adoption, can be resolved easily with the help of qualified technology partners like Bacancy Technology. We will bring the best out for you.
Chandresh Patel is a CEO, Agile coach and founder of Bacancy Technology. His truly entrepreneurial spirit, skillful expertise and extensive knowledge in the Agile software development services has helped the organisation to achieve new heights of success. Chandresh is fronting the organisation into global markets in a systematic, innovative and collaborative way to fulfill custom software development needs and provide optimum quality services.