Sat. Jun 10th, 2023
Is Web 3 Technology The future of the Internet Here’s Everything You Need to Know About!

You must have heard of the term Machine learning, Blockchain, Artificial Intelligence and many others, did you know what are these? These are technologies that are leveraged by Web 3.

Yes, you hear it right, Web 3.0 technology

So, you must be wondering what Web 3.0 technology is? Continue reading to get the answer to your question.

To acquire real communication among humans & technology the Web 3.0 technology has introduced its new version. Now, just imagine the new world that understands your requirements by putting suitable words on it. It has given you the freedom to write on or can insert a voice or other media to get the answer of your question. 

Technology Sounds great, right? With this you have already entered the world of new internet, i.e; Web 3.0 technology. Now, let’s discuss Web 3.0 technology in depth.

The article is all about-

  • What is Web 3.0 technology?
  • How it is different from Web 1 & 2 technology.

 

What is Web 3.0 Technology? 

Web 3.0 technology which is also known as web 3.0 is the latest version of internet technology. It is built using Blockchain, Machine Learning, Artificial Intelligence and more. In order to keep your data & other information safe it has upgraded itself.

The Web 3.0 technology is anticipated with-

  • Network protection enabled in this will protect your data to the edge. 
  • Open source software will be available to use the content platforms.

With the help of blockchain technology it is very easy for the users to communicate directly with each other. The semantic web is intended to comprehend and interpret the context and conception of the material. As a result, when a user looks for an answer, web 3.0 provides the most precise and accurate result.

While maintaining ownership and data privacy, consumers will be able to sell their own data to advertisers. As a result, this third evolution of the web is a place where you can interact with computers and websites in a personalized way, just like you would with a human.

Let’s understand the features of Web 3.0 technology for understanding it better.

Features of Web 3.0

It is hard to tell the exact advantages of web 3.0 technology application as it is the continuous growth technology. However some essential features defining the technology are here-

 

1. Decentralized

Decentralization is one of Web 3.0’s most enticing features. The decentralized discusses sharing its ownership and control among its creators and consumers. The technology aims to eliminate the concentration of power that results from the ownership of the Internet by significant entities, which creates monopolies in a system that is supposed to be open and free for all.

2. Used in Crypto

Web3 accepts cryptocurrency payments. It uses virtual currencies for activities like online money transfers and payment settlements. Decentralized web cluster’s goal is to lessen reliance on conventional financial and banking institutions. As a result, transactions become safer, quicker & affordable.

3. Permissionless

Permissionless linking with technological tools and resources is made easier by Web3. It makes it possible for everyone to join in the Web3 industry and open up previously unimaginable prospects. No one is left out of the decentralized economy’s benefits when using Web 3.0.

4. Secure and Trustworthy

Web 3.0 offers the highest level of security and transparency throughout the entire system because it is decentralized and runs on blockchain technology.

When you know about the features of Web 3.0 it is important to learn about how the new technology differs from the previous one. So, continue reading to learn more about it.

web 2.0 web 3.0

Advantages and Disadvantages of Web 3.0

Web 3.0 technology is the new era of internet technology which is utilized in machine based technology. With the objective of making people more smart and advanced, this new era in tech is introduced.

Here are some advantages and disadvantages of Web 3.0

Advantages of Web 3.0

  • Data connection among people is extended. 
  • It will provide a better showcasing. 
  • The items online will provide more value in this era. Means digital media has more importance by this technology.
  • More security is added to your web data. 
  • You will get more accurate and adequate search results. 
  • Everyone has their own personalized internet which makes the work easier to do. 
  • Sharing of information with human collaboration is very comfortable with this. 
  • Web 3.0 brings the greatest opportunity to everyone, especially for young people.

Disadvantages of Web 3.0

  • The items which don’t have advanced features are not adjustable in Web 3.0 era. 
  • Regulating is challenging. Decentralization, in the opinion of some experts, might make Web 3.0 harder to supervise and control. Cybercrime and online abuse may rise as a result of this, among other things.
  • The technology is not yet fully ready for it.
  • Information about a user’s private and public life is easy to find.
  • The amount of time spent online will increase.

Programming Language of Web 3.0

A web3 programming language is a general-purpose programming language that has been used by blockchains to create smart contracts. It is designed specifically for creating blockchain applications.

Here are some programming languages

  • Solidity
  • Rust
  • Cairo
  • Haskell

The pioneers of the industry worked to optimize the Web3 development from the original iteration of Solidity to the modern, distinctive Web3 programming languages.

How Does Web 3.0 Differ from Web 2.0 & Web 1.0?

Somewhere everyone has the idea that Web 1.0 is all about  attracting the users. Whereas Web 2.0 is totally based on reading, writing, and interacting with the users. However World wide web is the third generation is based on Intelligence, functions based on the web type and applications.

How does Web 3.0 differ from Web 2.0 & Web 1.0

Web 1.0

The first introduction of the internet is known as web 1.0. This was the first instance of a global network, and it held promise for the development of digital communication and information sharing in the future.

In essence, Web 1 consisted of a small number of individuals creating web pages and content for a sizable audience. People could therefore access information, and content directly from the source.

Therefore, the early internet was made up of several web pages that were linked together via hyperlinks. Without the images, forms, interactivity and controls associated with the current internet, picture a sizable digital encyclopedia. It is called read only web for this reason.

Web 1.0 classifications can still apply to websites like Craigslist and some shopping cart software. It simply involves distributing information or goods to customers like a catalog or brochure.

A few characteristics of Web 1.0 can be:

  1. Instead of using a relational database management system, HTML forms sent over email contained content from the server’s disc.
  2. Graphics and buttons for GIF

Web 2.0

With the advent of Web 2.0, the emphasis shifted from a small number of people producing a lot of material to a big number of people producing even more stuff.

Simplicity of use, involvement and interactivity, and compatibility with different systems and devices were all highlighted by this type of internet. Basically, the end user’s experience took center stage. Communities, communication, partnerships and social media arise and are now used by many people as their main method of web interaction.

People can contribute their daily ideas and viewpoints on a variety of tools and platforms through Web 2.0, also known as the social web, in a highly participatory manner. Thus, this might involve

  1. Podcasting Online Networking
  2. Voting, Commenting, and Tagging

In order to use algorithms to create better content, Google, Twitter, Facebook have started storing this data on their servers. This would be done to maintain the highest level of human experience. But in reality, advertisers bought our data.

Overall we can say that information on the Web 1.0 can’t be changed, whereas information on the Web 2.0 can. Web 2.0 is a dynamic Web that contains non-linear information, whereas Web 1.0 is a static Web with linear information.

Web 3.0

It is said that Web 3.0 is read-write-execute.

It is referred to as the internet of the future. It features a setting where individuals use decentralized, virtually anonymous platforms. This entails separating oneself from the dominant, directing influence of tech like Facebook, Google, and Twitter.

Web 3.0 first referred to the Semantic Web and intended it to be a more independent, intelligent, and open internet. AI and ML would be used in this internet to process content in the manner of a global brain, connecting all data in a contextual and conceptual manner.

Decentralized user interaction in Web 3.0 that is secure. Everything is exchanged without the use of tech firms or other middlemen, including money and information.

A few characteristics of Web 3.0 might be:

  1. ML and AI
  2. Internet of Things connectivity for many apps and devices, along with 3-D graphics.
  3. Interactivity without the requirement for a reliable middleman.

Now, let’s have a look on the pillars of Web 3.0

What Are The Pillars of Web 3.0?

The pillar of technologies that highlights the characteristic of Web 3.0 are-

   1. Applied Machine Learning and Artificial Intelligence

Web 2.0 is where the principles of artificial intelligence and machine learning were first introduced. In this day and age, they have an impact on every software sector, and Web 3.0 is no exception.

Natural Language Processing (NLP) technologies, which enable computers to comprehend and infer meaning from spoken and written words, are the foundation of Web 3.0. Spell check, autocomplete, and spam filtering got things going in this direction, but Web 3.0 is going to step it up a notch by creating exceedingly intuitive computer capabilities.

   2. The Blockchain and Decentralization

Decentralization is the idea that instead of relying only on Big Tech’s technology, information, data, and services be dispersed across independent computers all over the world. Peer-to-peer (P2P) protocols are used by decentralized systems to operate on independent operators all over the world. Blockchain can be used to accomplish this.

With the help of P2P transactions, blockchain technology enables the management of an exclusive data set without the use of middlemen. Blockchain is essentially a chain of immutable blocks, each of which contains a cryptographic hash and transaction information from the previous block. Because blockchain blocks are secure by design and cannot be changed, they serve as an effective tool for decentralization and distribution.

   3. Spatial Web & 3D Graphics

Web 3.0 technologies are also expected to support the natural transition from 2D to 3D graphics. The spatial web can combine virtual worlds with reality using AR/VR technologies, smart glasses, autonomous vehicles, and sensors when combined with machine learning and NLP. Spatial Web and 3D graphics are integrated into new systems by Web 3.0 websites and software development technologies.

When you have got the ideas about the pillars of Web 3.0. Now, it’s time to know the applications that are present in Web 3 technology.

Here we go

Applications Present in Web 3.0

   1. Bixby, Siri, and Alexa

Alexa from Amazon, Siri from Apple, and Bixby from Samsung are all ideal instances of Web 3.0 and its future possibilities. These virtual assistants combine AI and NLP to produce semantically intelligent web apps, which checks all the right Web 3.0 understanding boxes. 

   2. Wolfram Alpha

Wolfram Alpha is yet another Web 3.0 technology application that uses computation to provide answers to user queries rather than providing a list of websites like other search engines do. Wolfram Alpha provides exactly what you asked for, unlike search engines like Google, which base their results on the most popular search terms.

Wrapping it up!

Some consider Web 3.0 technology to be the undisputed future of the internet as we know it, while others dismiss it as a marketing gimmick with no real value. Regardless of what people may think, it is safe to say that over the past few years, the various Web 3.0 technology pillars have become increasingly popular in the tech industry.

FAQs

Que-1 What are the benefits of web 3.0?

Ans- Web3 is a brand-new technology that is quickly changing how we use the Internet. Although its full potential won’t be realized for some time Ownership, Privacy, security, opportunity & collaboration are some advantages of Web 3.0 technology.

Que-2 How does web 3.0 technology work?

Ans- Your information is stored on notecase in Web 3.0 technology When you login you are introduced with apps and communities within your wallet. And when you log out you can take your data with you.

Que-3 What is web 3.0 technology?

Ans- Web 3.0 technology is different from Web 2.0 in that it is more focused on using technologies like machine learning and AI to provide each user with relevant content rather than just content that other end users have provided.

Que-4 What coding is used for Web3.0?

Ans-  Many programming languages are used in Web 3.0 technology, the most common is C++.  As a high-level programming language, C++ also presses its claim as a reliable choice for web3 programming.

By Admin

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