web 3.0

What is Web 3.0 and How Will It Be Different?

Share This Post

Share on facebook
Share on linkedin
Share on twitter
Share on email

Introduction to web 3.0

One of the most important technologies mankind invented, aside from the first-ever wheel, is the internet. Like the wheel, it turns the whole world around and connects people. However, it is a technology that is far from perfect that until to this day, developers subsequently improve it to reach its maximum potential.

Web 1.0 made way for AOL, Compuserve, preliminary Yahoo, and other websites when the internet swerved from being only an interconnected system of webs scientists used to archive their experiments and share to others. Stakeholders like businesses, individuals, and government agencies benefited from Web 1.0. Ten years later, Web 2.0 came and expanded the web into the “Web as platforms”, according to John Battelle and Tim O’Reilly, where software applications were permitted to establish themselves on the web. It paved the way to social networking sites, blogs, and more. There was an influx of individuals using the web until it became the web the people know as of date.

Nevertheless, Web 2.0 only occupies less than half of the internet’s potential. This is where Web 3.0 comes in, and here, Web 3.0 will be defined and explored on how it will forever change the face of the internet.

What is Web 3.0?

Since it is still new and developing, Web 3.0 does not have a clear definition yet. If it took ten years for Web 2.0 to be developed after Web 1.0, then it is only expected for Web 3.0 to take as long in its development before it can be fully established and can reimagine the internet as what we have seen today. The term was given by John Markoff, a reporter from The New York Times, last 2006. For now, it is defined as a third-generation network of websites and applications geared for the semantic web. It will be used to spawn more intelligent, connected, and open systems.

However, despite it being relatively new, there are already technologies that adopt the preliminary functions of Web 3.0. Examples of this are Smart appliances at home that operate in wireless methods and the Internet of Things. Evidently, the present already makes use of Web 3.0 in small-scale instances.

Concerning Web 3.0, the Semantic web, a project by Berner Lee, aims to control machines technologically in such a way that they process information like humans do. Through the intricate and highly complex planned web system, the information will be processed at high speed and, thus, result in a contextual and conceptual acquisition of processed data.

However, this was not made possible because of its difficulties and limits. Firstly, The AI technology pertained to as RDF, or Resource Description Framework, was inconceivable to apply at the time. To express its difficulty, it is when a machine does not know how to differentiate an animal called a jaguar from a car that is also named the same thing. For a computer to generate results, it must know the context upon which the use of the word is laid upon. Secondly, it is arduous to establish taxonomies within a system and connect them further into concepts, whether hierarchical or overlapping. Even the necessary technology to advance it has been paid but the web system still did not materialize.

Contrary to the disappointing failure of the Semantic Web, Berners-Lee envisions Web 3.0 in its place. In Web 3.0, everyone can post anything regardless of permission from any authority, which means there is no central control. Resulting from which there are no failures at any point of processing data and switches cannot be turned off. Data will be decentralized, data ownership and exploitation by the central points will be impossible, and the communication of data that exists is in a form of transparency and openness. The interconnectivity of users’ platforms will be maximized. Although Web 3.0’s features are not only limited to such definitions. There is more to its properties.

Features of Web 3.0

Web 1.0 and Web 2.0 posit their differences. In Web 1.0, users are passive in their web pages and they do not upload any content. Web 2.0 sees the surge of content through the multitude of access and interactions of social media users, forums, and the likes. With Web 3.0 still at its neophyte stage, its differences are yet to be explored. To better understand Web 3.0, the features written below will emulate a bigger picture of its structure, semantics, and goals.

Semantic Web

This system of the web comes from the idea of storing and organizing information systematically, contextually, and conceptually, so the system has an idea of what specific data means when it is asked. Web 3.0 has the ability of such web to render, partake, and link up content by merely searching words and understanding their meaning, instead of just keywords and numbers. It resembles the way humans process the outside world through the words they hear and read.

Artificial Intelligence

Since generating content through search and analysis will be like human’s ways of rendering meanings of their metaphysical existence and interactions with the world, consequently, Web 3.0 will process information in fast ranges with more pertinent results. A system with Web 3.0 searches for data in its bank, filters it, and provides it to the user in such a way that it will be what the user specifically needs. It makes use of social bookmarking as a search engine like Google but it carries the specific experiences, needs, and desires of the user after it is personalized and voted by them. Virtual assistants like Apple’s Siri, Amazon Alexa, and Google Assistant are also incorporated. With the internet and the human user on the same level of intelligence, the satisfaction level will also increase.

3D Graphics

Three-dimensional design is the visual face of Web 3.0, which is to be applied across the internet’s websites and services. Nowadays, such graphic design can be seen on museum virtual tours, computer video games, e-commerce, geospatial environments, and the like.

Connectivity

The scope of the semantic web is broad and intricately coordinated so that information processes onto each other like synapses of the human brain. Web 3.0 builds in such ability in its features and users experience a whole new level of the interconnectivity of all accessible information.

Ubiquitous Computation

At the promise of openness of Web 3.0, content is not withheld from any device or service. Devices intercommunicate in a single environment of a user. Everywhere it is accessible through multiple applications and sites. Data exists wherever one goes at one click.

Sequentially, the properties mentioned will only be possible with the application of other technologies such as microformats, data mining, natural language search, and machine learning. Peer-to-peer (P2P) technologies, like blockchain, will be more emphasized. To develop Web 3.0 applications, APIs, data formats, and open-sourced software will be utilized.

How Will It Be Different?

In comparison to Web 2.0, Web 3.0’s use of technologies will put a heavy emphasis and ownership on the machine and AI to generate pertinent and specific results that a user needs. It is known that Web 2.0 functions otherwise, where the content-producing is heavily reliant on other users in the web system. The structure of Web 3.0 is what it means when data ownership will be shoved under the bus in favor of the AIs and semantic web who will do the work of content generation instead of individuals.

With the promised ubiquity of Web 3.0, its outcome would be open networks relying on trustless and permissionless data processing and maximum interconnectivity. Information will walk across boundaries without the necessity of an intermediary. While it is a risk for global partnerships as they trade value, work, and information without knowing who to trust, Web 3.0 aims to push coordinations to rely on trust. Instead of seeking trust through extrinsic and explicit means, attributes of a network will be urged to trust in implicit ways.

Nowadays, interactions between a human and a machine have increasingly been more complex and more boundless. Information flows richly through streams of networks. Payments are less physical, more seamless, and wireless. Data transfers gain more implicit trust from their clients. Web 3.0 will remove more boundaries and make information flow from one side to the other and vice versa more easily, widely, and conveniently. In terms of connecting with other individuals, businesses, or machines on the other side of the world, it will be done without any fee-charging intermediaries. Global ownerships will vanish and organizations will become self-governing and exhibit autonomy on their data and marketplace.

Third-parties might have to lose their contribution to the current web system if Web 3.0 stages its utilization. As industries become more open and reliant on their users and suppliers, they will have autonomy on their products and information processing.

Organizations and governments will be more sensitive to the changes of their sovereign as their system becomes more connected with their participants and peers.

Despite the looming knowledge that networks will be permissionless and trustless, it will not be the case of Web 3.0 when it comes to data-sharing. Since humans, enterprises, and machines have autonomy on their data and their space, the web system assures a more private and secured data and information processing place.

Without having to rely on a platform that has become increasingly dangerous with third parties, people will have more trust in investment activities and entrepreneurship.

On a smaller and individual scale, Web 3.0 will manifest itself by looking through your personal data, considering your location, suggesting your preferences, and recommending possible choices relating to your requests, when you would ask where to go watch a movie and eat Italian food. The virtual assistant might also take data uploaded by the restaurant’s menu and display it on your screen for a more realistic presentation. As a matter of fact, this technology is prevalent in society and is being used in some parts of the globe.

Aside from more personal and material uses, Web 3.0 can also help in easing the challenging backflow of data and services concerned with health, food, finance, and sustainability. Through the open networks, coordination of service and content providers will gain more incentives and exposure. Since intelligence and data are owned by everyone, the web system will have freer space for collaboration in solving such problems.

Conclusion

The dawn of Web 3.0 maximizes the utility of cryptocurrencies by connecting data from various individuals, corporations, and devices, with more intelligence, efficiency, and relevance. A wealth of interactions and global partnerships emerging from the possibilities of the web system is surely going to push the growth of new businesses and markets. As the internet has always been for its user, Web 3.0 does not necessarily deviate away from centering its system on humans. Even though most will be managed by AIs and semantic webs, the largely personalized interactions will circle back to what the internet is for. Despite the changes, the third-generation system will come back to the worldwide house, only far quicker and smarter.

Refund Reason