Web 3.0 is the most recent version of the Internet, and it is projected to be complete by 2027. The reason for this renaming is that it will be the third generation of web technology, with Web 1.0 being static HTML pages and Web 2.0 being dynamic pages with interaction features.
The new technologies that are becoming available now (such as artificial intelligence) are what Web 3.
What is Web 3.0? Simply put, it’s the next stage of the internet. But what does that mean, exactly?
Web 3.0 has not been officially defined, but it is generally thought to refer to the third generation of the World Wide Web, which is still in development.
The first generation of the web was characterized by static pages published on servers and accessed by users using browsers.
The second generation of the web was characterized by the introduction of dynamic content and social media.
The third generation of the web is expected to be even more interactive and user-friendly, with improved capabilities for sharing information and collaborating online.
Some key features that are expected to be included in Web 3.
The next generation of the World Wide Web will be a more decentralized internet based on blockchain technology. This distributed ledger system allows for secure, transparent, and tamper-proof transactions.
With Web 3.0, there will be no central servers- instead, data will be stored and shared on millions of computers worldwide. This makes it more secure and less prone to censorship. Web 3.0 also uses peer-to-peer networking, so middlemen like Google or Facebook. This could potentially lead to more equitable wealth and power-sharing online.
With Web 3.0, users will interact directly with each other without the need for third-party intermediaries such as Google or Facebook.
Blockchain technology is already being used to create decentralized applications (dapps) such as Decentraland and EtherDelta. These dapps allow users to interact directly, securely, and transparently.
Web 3.0 represents a fundamental shift in how we use the internet.