What is Web 3.0? - The Futuristic Arrival of the Internet
The Internet is the best thing that happened to the world after the industrial revolution. The extraordinary contributions of pioneering scientists, computer engineers, and skilled programmers have made the Internet a global information hub, transformed communications, and now serves as an everyday hangout place. There’s no single name to be thanked for its existence.
However, the seeds of the Internet were rooted in the early 1900s when Nikola Tesla toyed with the idea of creating a “world wireless system.” Further, in the 1970s, Robert Kahn and Vinton Cerf developed control “transmission protocol” and “Internet protocol” that established communication models for organizing data interaction and networking.
The Internet kept evolving until 1990 when computer scientist Tim Berners Lee gave it a profound structure by inventing the world wide web.
WWW popularized the Internet like no one.
It organized the Internet in a simple web address that can navigate from any computer throughout the world. The uniform resource locator (URL) enables people to surf and exchange data over the Internet by simply typing the web addresses.
It’s a very nostalgic moment for those who have seen the evolving journey of the Internet over these three decades. Right from heavy computers to handy smartphones, the Internet has come a long way and is sure to travel miles ahead.
Many of us are familiar with web 1.0, which serves as a directory of information. Its evolution to web 2.0 made data highly interactive and accessible on many devices, and now comes web 3.0, which is more open, robust, secure, and decentralized.
But, wait for a second,
What is web 3.0? How is it different from web 1.0 and web 2.0?
Is it some advanced kind of technology that is shown in the movies?
Not at all.
It is pretty similar to web 2.0, but much more robust, open, customized, and user-centric.
In this article, we will understand,
- What is web 3.0?
- Why is web 3.0 the future of the Internet?
- How has the web ecosystem evolved over the decades?
- How are web 3.0, cryptocurrencies, and blockchain linked together?
Let’s get started.
What is web 3.0?
The web 3.0 definition can be explained as,
“An upcoming third generation of the internet, that allows websites and apps to process information in smart ways with the help of artificial intelligence, machine learning, big data, and blockchain technologies.”
Let’s make it more simple,
How does Google help you navigate and provide voice suggestions based on your location history?
How does Siri help you to stay organized in your day-to-day life?
How does Alexa improve your mood by cracking lame jokes?
How do intelligent security systems monitor your home when you are away?
How do you trade cryptocurrencies without any help from financial institutions?
If you think there is some new technology at the backend that powers the Internet to interact, suggest and be our virtual partner?
Then yes, the new emerging technology is nothing but the web 3.0
Why is web 3.0 the future of the Internet?
Tim Berners-Lee considered web 3.0 as the semantic web system which will act as self-governing, intelligent, and open Internet.
Web 3.0 provides cutting-edge privacy by collecting data in an encrypted format and organizing them in a decentralized manner. It proves to be a significant leap to make the Internet open to all and still privately accessible.
Web 3.0 is a crazy amalgamation of ubiquity, semantic web, artificial intelligence, big data, and blockchain to decentralize the web and return the power to the users.
To be precise, Web 3.0 is establishing an actual democracy in the virtual world.
The futuristic interaction with the Internet is still unpredictable as it signals tremendous power and practical usage that will drastically evolve over a period of time.
How has the web ecosystem evolved over the decades?
The worldwide web has passed through several stages, from single-page websites to today’s dynamic, interactive and user-friendly database.
Let’s closely look at the evolution of web 1.0, web 2.0, and web 3.0.
Web 1.0 (1989-2005)
- The first popular version of the Internet.
- Static web pages.
- Limited access to information.
- Very little user interaction.
- Less developed algorithms.
- Fewer options are available to connect.
Web 2.0 (2005-present)
- Dynamic websites.
- Age of Facebook, Youtube, Twitter, Snapchat, and Instagram.
- Scalable to build interactive platforms.
- Introduced great connectivity, shared resources, and data backups.
- New tools and software that created apps to be used on smartphones.
Web 3.0 (Present - Upcoming Future)
- Websites supporting AI, Big Data, Machine Learning, and Blockchain.
- A mixture of human intelligence and cutting edge technologies
- Decentralized systems to distribute equal powers and eliminate the authorities.
- Intelligent devices that bring out more of the Internet.
- Smart contracts that do not require third parties.
- Use of semantic web to develop and upgrade the Internet of things.
- Use of high-end graphics, 3D, Animations, and virtual programs to make the web more engaging.
- Creating an Internet that is more customized, more tailored, and more private for end users.
How are web 3.0, blockchain, and cryptocurrencies linked together?
Web 3.0 will operate on a decentralized system like blockchain to provide ultimate security, privacy, and open usage.
The future web 3.0 will establish encrypted connections with decentralized applications, artificial intelligence, non-fungible tokens, and cryptocurrencies to seamlessly automate, scale, integrate, and function through the Internet.
Peer-to-peer mechanisms will boom, and governments will move towards a decentralizing economy by encouraging transactions through NFTs and cryptocurrencies.
The new Internet will be more private without compromising on personal data.
Distributed networks will replace the centralized storage systems and will be controlled and powered by the web community.
The use of decentralized applications (Dapps) will increase as they will offer more control over data.
Search assistants will upgrade and become new best friends to interact with.
Web 3.0 will bring equity with equality to help everyone in line and make the world a better place.
The innovations will make life easier, eco friendly and perhaps, entertaining too.
All we have to do is, wait and watch what web 3.0 offers in the 21st century?
Let us know your thoughts regarding the future of the Internet.
Comment your suggestions, and let’s interact with new ideas.