The underlying web technologies that make the Internet functional have gone through an evolution. From Web 1.0 which featured a static display of information on Web pages and had little to no user interaction to Web 2.0 which maximized the internet’s potential, by offering real-time messaging and seamless user interaction and feedback. A new dawn beckons with Web 3.0 which promises to deliver cutting-edge services and carries great potential through blockchain technologies, machine learning and Artificial Intelligence.
These fundamental Web technologies are frameworks that enable applications and systems which depend on them to work fluidly. This can be likened to the development of vehicle engines, the more intricate and advanced technology used in building it, the smoother the ride and the higher the potential it has in adding innovative long-term features. Before a full swing adoption of Web 2.0 which is the current iteration, one would notice that as newer technologies are churned out, companies who do not adjust themselves to go with current trends are left out.
KEY FEATURES
Decentralised
One of the major spines of web 3.0 is decentralized systems based on blockchain technology where a system is created in which information is verified by a host of other users. This means instead of having a company like google controlling what information is accessible to the general public, individuals can take control and determine who has access to what. The control of a central administration curtails the access of individuals to certain information whiles it also stops them from being independent-minded.
Digital Currency
Secondly, web 3.0 will incorporate cryptocurrency in carrying out business transactions instead of fiat currencies, in this case, it means that crypto coins will be used to pay for services where payments are validated through a decentralised system without a bank or central point validating authority. This prominent feature has several use cases and promises to eradicate wait times in paying for services. Decentralized apps (DApps) and other blockchain-based applications such as smart contracts will gain popularity after Web 3.0 is widely adopted.
Semantic web and Artificial Intelligence (AI)
Furthermore, the integration of semantic web alongside AI will help users get tailor-made results whenever they key in a query in search engines on the internet based on their profile. In simple terms, The Semantic Web is a network of data that have been linked together such that machines, rather than humans, can process it effortlessly. In the form of a globally linked database, it can be thought of as an expanded version of the current World Wide Web and serves as a useful tool for data representation.
For instance, an individual may be searching for a holiday location for a vacation on the internet through a search engine like google, through the semantic web the search engine can be taught to understand intricate details of the query in a personalized and humanized way. Relying on this characteristic of web 3.0 the internet can now help the individual to get custom-made results with the near likeness of a real human understanding. Unlike web 2.0 which gives general suggestions based on what companies may want users to see.
CONCLUSION
However, with all these exciting features of web 3.0, it also has some challenges to be dealt with, there exists the instance of the spread of false and fake news globally. Since there is no central control of information and users all over the world can independently add information that other users can also vote on. However just as any other technology needs to go through proper and widespread integration the future looks bright for the implementation of web 3.0
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