The internet has gone through three major phases, and these are Web 1.0, Web 2.0, and Web 3.0.
Web 3.0 is still being developed and may not be fully realized anytime soon.
In this guide, you will understand what Web 3.0 is and how it can impact various aspects of your life.
In Plain English What Is A Web 3.0 Definition?
I would describe Web 3.0 as simply a new era of the internet where people don’t need to depend on tech giants like Google and Facebook to access content online. With Web 3.0, the internet will be decentralized, trustless, and permissionless.
What Will Web 3.0 Mean?
Since Web 3.0 will be decentralized, hacking will be extremely difficult since attackers will need to overtake significant portions of the network. You will also find the browsing experience a lot more personalized.
What Best Describes Web 3.0
Web 3.0 is best described as decentralized, artificially intelligent, and democratized.
By taking power away from big tech, you will be able to share in the benefits of internet traffic as you will participate in making the networks successful.
Web 3.0 Examples
One example of a Web 3.0 application is Wolfram Alpha, and this has been operating since 2009.
Wolfram Alpha isn’t exactly a search engine since it doesn’t search the web and doesn’t give users results in the form of links.
Instead, it does computations on the Wolfram Knowledgebase and gives users expert-level knowledge.
Siri has also been noted to be a great example of a Web 3.0 service, and it leverages the technology of Wolfram Alpha. Siri was developed by Apple and originally worked as a regular search engine.
This meant that it could only give you basic results for basic queries.
With the implementation of Web 3.0, Siri is now able to give conclusive answers to complex queries. For example, you can now learn how to build structures like cow sheds with Siri.
What Is True About Web 3.0?
Having witnessed the rise of Web 1.0 and Web 2.0, I can confidently say that no one truly knows the potential of Web 3.0.
At the moment, it is mostly used as a marketing term and can emphasize different features of an application.
For example, some people focus on the artificial intelligence aspect while others focus on decentralization.
When Will Web 3.0 Be Released?
At the moment, there are already certain applications that can be said to be the early stages of Web 3.0.
However, the entire Web 3.0 infrastructure has to be embedded on the internet so that the potential of these applications is realized fully.
Why Web 3.0 Matters?
Web 3.0 will allow you to interact with data using peer-to-peer networks, and this eliminates the need for third parties.
With the use of machine learning and artificial intelligence, you will enjoy a customized browsing experience.
Web 3.0 will also take power away from corporations, and these have been noted to prioritize profits over everything else.
By eliminating the middleman, Web 3.0 will be able to make the internet safer and better customized to individuals.
What is the Purpose of Web 3.0?
The main purpose of Web 3.0 is to create more intelligent and open websites.
With this system, users will take control of their data and will no longer have to rely on tech giants like Google and Facebook.
What Will We Do on Web 3.0?
Web 3.0 will make it easier to trade value, information and work with partners in all parts of the world, and this will not require an intermediary.
This revolution will minimize the trust required to partner with people around the globe.
How to Access Web 3.0?
You will still need to use search engines to access Web 3.0, but centralised engines like Google and Bing will no longer be needed.
Instead, you will use decentralized engines which use data from regular internet users to decide on the ranking of different pages.
You will be able to find content using its hash, and this will be stored by another member of the network.
Once you find the content and upload it, you will become another distribution point of the content. This is similar to how users access information on torrent networks.
Who Developed Web 3.0?
The concept of Web 3.0 was developed in 2006 by Tim Bernes Lee, the same man who invented the World Wide Web.
However, the actual development of Web 3.0 has been an effort of many people and groups, and many of them work independently.
For example, to ensure that Web 3.0 will be trustless, permissionless, and decentralized, the networks will have to implement blockchain technology.
This technology was first outlined in 1991 by Stuart Haber and Scott Stornetta, and it would be implemented for the first time by Satoshi Nakamoto, who invented Bitcoin in 2009.
Blockchain technology would facilitate the creation of decentralized apps or dApps, and these will also be critical to the success of Web 3.0. For this reason, Ethereum founder, Vitalik Buterin can be considered a major personality behind the Web 3.0 revolution.
The rise of non-fungible tokens or NFTs has also contributed to the growing interest in Web 3.0, and this technology will be essential in implementing Web 3.0.
It will make it possible to cryptographically prove that you are the owner of your digital items.
NFTs were first developed in 2014 by Kevin McCoy.
What’s Another Name for Web 3.0?
Tim Bernes Lee, the inventor of the World Wide Web, referred to Web 3.0 as the Semantic Web.
This is still considered the official name of Web 3.0 and is commonly used by professionals working in the field.
Tim Bernes Lee also proposed the term Linked Data. This term emphasizes the creation of links between different sets of data.
It also means that the data items are easy to follow with standard web browsers.
Other names for web 3.0 are the Web of Data, the Enterprise Information Web, and the Giant Global Graph.
In Which Way Can Web 3.0 be a Benefit to Users?
With Web 3.0, you will be able to get personalized search results that match your search query.
This is as opposed to Google and other centralized search engines which use different systems to create results.
It is quite common to find useful Google search results on the second or third page of the search.
Web 3.0 will also decentralize data, meaning it is harder for hackers to alter the content.
At the moment, lots of web pages go missing and are not even ranked on Google and other search engines.
What I love about this technology is that it will make it harder for people to create duplicate content since this will be easy to track.
If you are a content creator, you will no longer need to use dirty tricks like keyword stuffing to bring attention to your content.
This means users will be able to speak to search engines in a more natural language.
Web 3.0 will generally democratize information as individual users will be able to contribute to the ranking of the content.
What New Things Will Come With Web 3.0?
One thing that will come with Web 3.0 is the creation of decentralized search engines.
This means traditional search engines like Google and Bing will become obsolete, and power will be given back to internet users.
SEO will also change with Web 3.0 since Google and Bing will no longer be in control of the algorithms.
Instead, internet users will help determine how useful certain pages are, and this will contribute to their ranking.
I don’t think anyone knows exactly how SEO will work with Web 3.0, but it is clear that focus on keywords will be reduced. Instead, content creators will have to focus on semantics and the creation of useful information.
With Web 3.0, creators will also be the true owners of their content, and this will take power from tech giants. With NFT technology, it will be impossible to copy an individual’s work.
Another thing that will change with Web 3.0 is the end of chronic interruptions. This is because the internet will no longer be centralized.
Web 3.0 Technology Uses What Forms of Technologies?
Web 3.0 uses many different technologies.
One of these is blockchain technology, which came into prominence with the creation of Bitcoin in 2009. Blockchain technology makes it possible to create permanent records of information.
Also, it ensures that the data is decentralized, meaning no one will have full control of the internet.
Another technology that is essential in Web 3.0 is the non-fungible token technology.
With it, creators can be assured that their content will not be duplicated, and they will own full rights to the articles, videos, or pictures.
Web 3.0 also relies on the use of machine learning technology, and this is meant to provide a data-driven and Semantics Web.
Without machine learning, algorithms couldn’t differentiate words based on context. For example, they would give you search results for Jaguar vehicles when you actually wanted information on the animal.
Machine learning makes it possible for search engines to determine what exactly you mean, and you can then get accurate results.
Web 3.0 will also need to use artificial intelligence since this will help to separate falsified results from legitimate ones.
This way, bad actors will be discouraged from trying to game the system.
Artificial intelligence and machine learning will be able to categorize and store data in a way that enables networks to understand what the information means.
This way, you will be able to get better results.
Another technology that will be used with Web 3.0 is the virtual assistant.
This is also being added to smartphones and other devices like Siri. Third-party apps also use virtual assistants to give users quick information.
Web 3.0 will also require the application of data mining technology. This simply refers to the process of finding anomalies and patterns in large sets of data. With data mining technology, search engines will be able to return more accurate results.
What is A Web 3.0 Application or Web 3.0 Website?
Web 3.0 websites and applications work in similar ways.
However, applications are highly popular as they are able to provide a better user experience and load content faster. Applications are also easier to use when compared with websites.
Web 3.0 websites and applications will simply allow you to access content on the web with machine learning technology.
What Are “web 3.0” Platforms and Interaction Methods Currently?
At the moment, various companies are developing Web 3.0 platforms, and services like Google, Apple, and Amazon have already started transitioning to the Semantic Web.
Yahoo also announced that it will start integrating Web 3.0 technology into its platform.
At the moment, the only true Web 3.0 platforms are Siri and Wolfram Alpha. It is worth noting that Siri uses Wolfram Alpha to process results for users.
Wolfram Alpha has been in existence since the early days of the internet and has been improved constantly over the years.
Currently, its interaction method is based on sophisticated computations which are able to determine what exactly you are searching for.
The data is called upon from the repositories of the platform.
What is the Central Argument for Web 3.0?
The main argument for Web 3.0 is that big tech has become too powerful and can control what you can find on the internet.
For example, more than 80% of all searches are done on Google, and lots of other search engines use Google to generate search results for their users.
As many people have noted, in the information age, a corporation that has control of information is set to be the most powerful entity in the world.
When you search for information on Google and other search engines, they also store your data so that they customize future searches for you.
In this way, they are able to collect lots of personal information about you and me.
While we expect them to act responsibly with this data, there is no guarantee that it will be used properly.
Google algorithms monitor how individuals interact with various web pages to determine how useful the pages are, and this affects the ranks of those pages.
This means you participate in the ranking of these websites and don’t get anything out of the transaction.
Similarly, the search engine is able to generate lots of money by posting adverts on the first page of the search.
Your content will also help Google generate huge sums of money with Google AdWords.
With Web 3.0, internet users will collectively hold power over information, meaning no one can prevent you from accessing certain parts of the internet.
Also, Web 3.0 will ensure that you profit from your content as you are the sole owner of the information.
I have also been sceptical of government control over data, and this is another issue that will be solved by Web 3.0.
Since the information will be stored permanently on the blockchain, governments will not be able to silence dissenting opinions on the internet.
The network will create multiple backups of the data, so everyone will be able to access the information without any interruptions.
Preventing government censorship is especially important today since lots of governments around the world are becoming more authoritarian.
Web 3.0 Technology is Focused on What Global Users?
Web 3.0 is set to replace the current form of the internet.
Therefore, people from all countries will be able to use it to access data on all parts of the web.
However, users from authoritarian regimes or governments with fascist tendencies will benefit most from Web 3.0 since they will be able to publish content without being censored.
Also, lags will be minimized since information will not be stored in a central location. This way, interruptions will be a lot rarer.
What Age Groups will Use Web 3.0?
Like all forms of new technology, Web 3.0 will be adopted first by younger internet users, typically those between the ages of 15 and 35.
However, as it becomes more popular and easier to understand, more people will shift to Web 3.0 platforms.
As a result, Web 2.0 platforms will gradually lose their power and will have to adopt Web 3.0 technology.
However, given that tech companies have become extremely powerful, I believe that they will try as much as possible to delay the transition.
How Does Web 3.0 Relate to Owning Your Own Data?
Privacy has been a major issue in Web 2.0 as corporations have been collecting massive amounts of user information.
This data is meant to be used to provide a customized browsing experience and to offer targeted adverts.
However, many people are uncomfortable with corporations knowing what they had for breakfast and which resorts they are visiting.
Over the years, many data privacy laws have been enacted, but I don’t think they are sufficient.
A large number of internet users don’t even know how they can control how corporations use their data.
Also, corporations like Facebook have always been under investigation for data misuse and never face any consequences for mismanaging user information.
As such, it is unlikely that they will even try to put customer safety above their profits.
There is also a major issue with the sale of customer data to companies and online marketers.
While you own this information, you can never profit from such transactions as they are carried out unethically.
This is one reason why I am excited about Web 3.0.
Unlike the current system, Web 3.0 will allow you to own your data and profit whenever it is used.
With blockchain technology, you will be able to see which data about you is available, and which users have access to it.
Blockchain technology will also create an incentive for users to use customer data responsibly.
This is because they can be punished through collective voting based on the rules of the blockchain.
The technology will also allow you to decide when and how your data will be shared.
If the network is implemented correctly, you will also be able to set an expiry period, after which your information will no longer be available.
Depending on the rules of the blockchain, companies may be able to sell your information, but you will also be able to benefit from the transactions.
Whenever you feel uncomfortable with the way a company is using your information, you will be able to revoke their access to your data. This will also give companies an incentive to use customer data properly.
You should also note that blockchain uses a number of safeguards to ensure that the networks cannot be hacked.
To date, the technology has never been hacked.
This is quite important in relation to customer data since about 100 million individuals have been affected by the ten biggest data breaches of 2021 alone.
What Changes Will There Be in Google With Web 3.0?
Google will have to implement certain changes when Web 3.0 becomes popular.
I think their biggest challenge will be competing with networks that give users control over their personal data.
For this reason, it will have to be more transparent on how it collects user information and the way it uses this data.
Being honest in how it operates will increase user trust and may encourage some people to keep using the search engine.
Similarly, Google will have to make it easier for people to block the sharing of personal data. This way, you will be able to use the search engine without having to give up your information.
Lots of tech giants currently make a lot of money because they are able to use customer data to offer targeted ads.
This is clearly unfair to customers who provide the data.
To encourage people to use Google, the search engine will have to find a way of compensating users who agree to share their information.
Google may also have to embrace new forms of technology like blockchain as these will be more popular over the next few years.
Social media sites have been on the spot lately for censorship.
They first created controversy when Twitter banned Donald Trump, and various other conservative personalities were later taken off the platform.
Regardless of your political views, social media censorship can be a problem, especially since these sites were originally marketed as free speech platforms.
As long as your content was legal, they wouldn’t bother censoring your views.
The sites are also protected from liability for user content, so they don’t need to bother with censorship of legal political views.
With Web 2.0, users will not need to worry about political censorship since no one will have a monopoly on the information that will be published.
Social media sites like Facebook have already started integrating Web 3.0 technology with the creation of the Metaverse. This will effectively make the social media service decentralized.
What changes will there be with gaming with web 3.0?
With the implementation of Web 3.0, gaming will integrate NFTs. This means every item you own in the game will be unique and can be verified to be yours.
Such items include coins, land, costumes, and avatars.
I would predict that game developers will make money by collecting transaction fees whenever players buy and sell NFTs.
The developers will also likely sell the items at much lower prices compared to the current rates.
This will help them pull more people to the games and will increase their overall revenue from transaction fees.
What changes will there be with Governments with web 3.0?
Web 3.0 will prevent government censorship since data will not be stored in a central location.
As such, people in different countries will be able to spread awareness of government corruption and shortcomings without the threat of censorship or being de-platformed.
As such, it is highly likely that governments around the world will react to citizen needs before riots and other forms of civil disruptions take place.
Lots of monetary transactions on Web 3.0 will be carried out with cryptocurrencies, and this will make it harder for governments to track the sources and destinations of the funds.
Some cryptocurrencies have been developed to be fungible, meaning it is not possible to follow the path taken by specific coins.
What changes will there be with personal data collection with web 3.0?
Personal data collection will change significantly with the rise of Web 3.0.
Search engines and social media services will only be able to collect user information via the blockchain. This means you will be able to clearly see which information you are sharing.
Also, you will be able to control how it is used and who it is available to. You will also be able to clear the data at any time or set time limits after which the data will no longer be available.
Whenever a company uses your data, you will be able to benefit as you will be the actual owner of the information.
It is possible that traditional tech companies will make their data collection processes a lot more transparent as this will motivate people to keep using the platforms.
Also, services like Google are likely to make it easier to delete your personal data, and they can start compensating users who choose to share their personal information with the network.
What changes will there be with the internet with web 3.0?
The internet will become more personal with the implementation of Web 3.0, and this is in contrast to Web 2.0 which was focused more on the community.
Content will also be higher in quality with the implementation of Web 3.0 since the creator will have a financial incentive to develop useful content.
Search engines will prioritize pages that offer useful content and those that personally meet your needs.
This is because these platforms will use artificial intelligence and machine learning to try and understand the information like human beings.
Web 2.0 apps will also be replaced by decentralized applications such as Brave, IPFS, Status, Sapien, and UJO Music.
What changes will there be with Crypto with Web 3.0?
Cryptocurrencies and blockchain technology are at the core of Web 3.0, and they are unlikely to change when the new internet infrastructure is implemented.
However, more people will start making regular payments with cryptocurrencies as the emphasis on privacy will be increased.
People are already using cryptocurrencies to pay for hotels and other day-to-day services, and this is likely to increase over the next few years.
I remember back when only a handful of people understood the concept of Bitcoin and were questioning its authenticity as a useful currency.
Since then, Bitcoin has grown to have a market cap that is comparable to current tech giants.
It’s, therefore, not far fetched to think more people will adopt cryptocurrencies for regular transactions over the next few years.
What is China is doing to build a 3d internet on web 3.0?
China has been interested in blockchain technology since the early 2010s, and it has emerged as a leader in Web 3.0.
China has filed lots of patents relating to blockchain since 2017 and is clearly getting ahead of other nations when it comes to Web 3.0 and the 3D internet.
One Chinese company that is leading the way in building a 3D internet is Tencent, the famous gaming giant.
The company owns shares in Epic and Wave, both of which are involved in the creation of 3D platforms.
Baidu has also launched a metaverse app known as Xirang or Land of Hope. This app allows users to create avatars and chat with other users.
Other Chinese giants that have promoted 3D internet on Web 3.0 include Alibaba, Bytedance, China Mobile, and NetEase.
Like lots of other people, I am excited about Web 3.0 because it will create a decentralized internet. However, the government of China doesn’t seem to be sharing this vision.
A key official in the Chinese administration has admitted that the government doesn’t intend to decentralize the internet or finance.
Instead, they want to implement blockchain technology while keeping control of user data.
The Chinese government still requires Blockchain-based companies to collect user data and share it with the government.
How can a company use web 3.0 technologies to gain a competitive advantage?
A company that uses Web 3.0 technologies will have to give users full control over their data, and this will make the service more appealing to customers.
Web 3.0 will also decentralize information, so interruptions or delays in the network will be minimized.
For this reason, companies using Web 3.0 technologies will be able to stay ahead.
Web 3.0 technologies are also centred on users, and this means your service will be better personalized.
Another way you will gain a competitive advantage with Web 3.0 is in your data security.
Since the technology is based on blockchain, your platform will not be susceptible to attacks.
This way, users can be assured that their data will not be lost to unethical operators.
What is web 3.0, and how do you think web 3.0 developments could impact businesses?
Web 3.0 will affect businesses in a number of ways.
Firstly, it will discourage the creation of monopolies and tech giants since customer data will be in the hands of the users.
It will also force businesses to handle customer data in ethical ways. This involves compensating customers for using their information.
The technology will also bring an end to censorship since the internet will be permissionless.
You will be able to access different web pages regardless of your location, gender, or income.
Web 3.0 will also make centralized currency exchanges unnecessary since they are vulnerable to attacks.
In fact, over the past years, hundreds of millions of dollars have been lost because of these attacks.
Web 3.0 currency exchanges will be decentralized, so hackers will not be able to access the coins.
How can a company use web 3.0 technologies to get ahead?
Companies can gain a major advantage by implementing Web 3.0 technologies.
This technology is meant to automate the basic workings of social collaboration, and this can make management oversight less important.
This form of collaboration will be made possible with the use of decentralized autonomous organization platforms or DAO.
This system uses a voting system to create feedback loops, thus enabling complex social collaboration without any central governance.
Companies using Web 3.0 technologies will also attract customers as they are better able to protect user data.
With these technologies, customers can clearly see how their data is used and can decide to prevent the companies from accessing the information.
What is web 1.0, web 2.0 and 3.0 difference?
The internet was invented in 1989 and was originally a read-only service. This was later referred to as the Web 1.0 era, where different web pages were connected to each other with hyperlinks.
Web 1.0 was not interactive in any way as a lot of the user input took place offline.
Adverts were also quite rare in Web 1.0 as it was primarily meant to give updates and share information.
Web 2.0 would emerge around the year 1999, when social media sites and search engines started becoming popular.
Blogging and digital adverts would also emerge around this period.
To navigate the internet, you would now have to download a search engine, and this would reveal hyperlinks of websites that match your search queries.
Although you could still type URLs of different sites, more people preferred navigating the web using search engines.
A key aspect of Web 2.0 is that users could now interact with each other and with the internet. This is in contrast to Web 2.0, where users didn’t have an impact on how the internet worked.
Web 2.0 has contributed massively to modern technological revolutions. Because users can share information, you can confidently order a taxi on the internet and can rent out your house to strangers for short periods.
The launch of the first iPhone in 2007 would make the internet an essential part of our lives. You could access the web from any location.
While Web 2.0 has created a lot of wealth and value for lots of people, it has also created an issue with data privacy.
Since we are always using social media sites and search engines, these platforms can track our location, shopping preferences, and even financial transactions.
Web 3.0 will be significantly different from these two previous versions of the internet.
It will use various technologies to eliminate the need for middlemen like Google and Facebook, and content creators will fully own their digital items.
This way, Web 3.0 will solve the key issue of powerful tech companies.
Search engines will work differently in that they will focus on semantics, and this will be possible with the use of machine learning and artificial intelligence.
Web 3.0 will also give you control over your own data, meaning you will be able to profit from selling it to companies. You can also determine how different services will access your personal information.
How will web 3.0 change how we learn?
Technological revolutions have always had an impact on education, so it is almost certain that Web 3.0 will change how we learn.
Since searches on Web 3.0 will be more personalized, students are likely to spend less time looking for information online.
Similarly, they are likely to start using voice searches as these applications become more intelligent.
Web 3.0 will also make it easier for students to collaborate in various tasks, and this will make learning more effective.
The Ultimate Guide to Web 3.0
Here are the key points you need to know about Web 3.0:
• It will incorporate different technologies, including blockchain, NFTs, machine learning, data mining, and artificial intelligence.
• It will eliminate the need for big tech intermediaries as the internet will be based on peer-to-peer interactions.
• It will allow users to own their personal data and share it as they like.
• It will prevent cases of censorship as anyone will be able to publish content on the internet.