What’s Web3.0 (Web3)?

What’s Web3.0 (Web3)?

This is another step in Web 2.0 that we are using today. It defines that with the advent of technology, the internet will be faster and smarter. Artificial intelligence (AI) helps spread information. Users can more easily control the use of personal information. Use cryptocurrency. Data can be forwarded without intermediaries. Currently, there is controversy over whether Web 3.0 can truly be implemented and whether it meets the definition.

The Evolution of the Network

Web 1.0 was first used by British scientist Tim Berners Lee in 1989, adopting the concept of digital data connectivity. And invented a language for sending information, known as HTML, and invented HPPT, a method for sending information from a server to a browser. Mosaic was introduced in 1993 and later renamed Netscape later emerged. Not long after, other browsers emerged, including Microsoft Internet Explorer and Apple Safari. Search engines such as Yahoo, Lycos, and AltaVista were born. It wasn't until the early 2000s that Google took over the search engine market.

In 2000, there was the idea of upgrading Web1.0, adding various features such as blogs and social media. Networks, applications, etc., known as Web 2.0, have developed into reality over the years. With the arrival of social networks such as Facebook and other websites, Tim Berners Lee proposed this idea in 2001. SemanticWed and other articles ultimately led to organizations managing network standards.

With the emergence of cryptocurrency technology and blockchain in 2008, it will become the foundation of Web 3.0. People around the world are paying attention to whether this is possible.

Why is Web 3.0 worth paying attention to?

By proposing dispersed ideas, it is possible to change the behavior of using the internet and the way one makes money. Because this will make storing user databases more difficult. The security system is better than previous versions. The content and use of personal information can be controlled, which may require the use of new systems for personalized use. This concept will be transparent in online marketing through blockchain technology. Both parties can access transaction records.

Web 3.0 laid the foundation for Metaverse, a virtual world that uses avatars to confront each other. This concept has not yet been implemented. It also requires blockchain technology and technologies that help disseminate information, including basic information, finance, and artificial intelligence.

How does Wed 3.0 work?

In versions 1.0 and 2.0, HTML was used as the working structure. In version 3.0, the language was used. Blockchain helps collect data and makes it safer to use. By using artificial intelligence, data can be easily managed. And use cryptocurrency technology as the primary currency.

The main features of Web 3.0

-Decentralization is a system that delivers information through distributed methods rather than through central institutions.

-Based on blockchain, data is managed and monitored on a wide range of peer-to-peer networks

-Using cryptocurrency

-Organizing data using artificial intelligence

-Smarter.

Advantages.

-Control and Privacy

-Transparent

-Flexible

-More intelligent and customizable

-Decentralized finance without intermediaries

shortcoming

-Complex.

-Complex security that requires new system development

-The regulations have not yet received any institutional supervision and supervision.

-Technical knowledge, as using blockchain and dApp requires resource upgrades.

When will it be launched?

Currently, the technology that is the foundation of Web 3.0 has developed. Typically, the development interval for each version is about 10 years. It is estimated that the new version will take the same amount of time.