What does Web 3.0 hold for the future?

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What does Web 3.0 hold for the future?

What does Web 3.0 hold for the future? Web 3.0. The Future of the Internet, Web 3 crypto coins list, Web3 coins, web 2.0 vs web 3.0, web 3.0
Image source: Copyright © 2021 Kalkine Media ®

Highlights

  • Web 3.0 is regarded as the 3rd generation of internet services for apps and websites.
  • Web 3.0 is built with properties like ubiquitousness, semantic web, and AI in mind.
  • Web 3.0 is based on fundamental concepts of increased user utility, decentralisation, and openness.
  • Non-fungible tokens, which are purchased with crypto coins, are the ideal example of the Web3 world.

Could you imagine a world without Google, Yahoo, Facebook, Twitter, or YouTube? No, right?

The coronavirus pandemic significantly changed our lives. Many of us begin our days by scrolling through social media, checking notifications, or keeping an eye on news websites to keep up with current events. Even children became overly reliant on the internet for study and exams.

And with demand, comes innovation. Hence, the transition from the original web, Web 1.0, to Web 2.0, took over 10 years. Finally, web 3.0, which is more powerful, is on its way, and it is expected to take the internet world by storm.

Looks like, the World Wide Web's future lies in Web 3.0. It is regarded as the 3rd generation of internet services for apps and websites. Web 3.0 is built with properties like ubiquitousness, semantic web, and AI in mind.

Let’s enter the Web 3.0 black hole to see what it has in store for us in the future.

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What might our future look like with Web 3.0?

If you want to see the Web 3.0 revolution, you'll have to wait for a few more years. Let’s look at a few of its features

  • Web 3.0 uses blockchain technology to ensure privacy and security while facilitating collaboration, transparency, and innovation.
  • Web 3.0 is based on fundamental concepts of increased user utility, decentralisation, and openness. Non-fungible tokens, which are purchased with crypto coins, are the ideal example of the Web3 world.
  • Smart contracts, which automate the transfer of data and assets, could be used to run applications.
  • You can say goodbye to the annoying pop-up ads that appear on every website you visit. Instead, you'll be able to select which ads to see in your browser and be compensated for your time with basic attention tokens, a cryptocurrency.
  • We rely on Google, Apple, Microsoft, Amazon, Zomato, and Facebook for everything from communication to data collection to watching movies, shopping, ordering food, and even purchasing life-saving medicines. Well, all these online services are cloud-based, which use the Web2 version. Web3 will be a step up from Web2, with services based on blockchain. And, while tech behemoths like Amazon and Microsoft control the cloud, after Web3 is upgraded, all services will run on a blockchain, implying that no single organisation possesses the data.

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What is the distinction between web 1.0, web 2.0, and web 3.0?

Let's look at the distinctions between web 1.0, web 2.0, and web 3.0.

Source: Copyright © 2021 Kalkine Media ®

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Outlook

Prepare to see web 3.0 usher in a new era of internet innovation. Soon, you might see an internet world that is fully protected, secure, and intelligent, with no one owning your data. After people adopted cryptos, NFTs, and the metaverse, we can see how the internet world moves towards web 3.0. It will open the door to the future world in just a few years.

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