How will Web 3.0 Impact the Future of Technology?

The Internet- we can call it the most incredible human invention since sliced bread. Isn’t it right? Today’s global network encompasses an entire world in itself. It is single-handedly responsible for impacting our everyday lives.

In simple words, the Internet is undeniable, inseparable, and possibly an essential part of us today. We live in a virtual world now. The Internet has blurred the line between virtuality and reality.

The Internet was not like that at the time of its birth. It has seen so many changes till now. Today, we will talk about the crucial difference that can shake the entire virtual entity from its bottom. Yes, we are going to talk about web 3.0. Let’s start.

What is web 3.0?

The digital nerds are considering web 3.0 as the new paradigm of the Internet. It is an extension of web 2.0. 

There is still a significant debate on Web 3.0. Some argue that it is still a long road ahead to reach it. Others claim that we have already reached that era. If we need to understand Web 3.0 more deeply, we have to look at the history of the web.

The History of the Web

It all started around the year 1990. There was Web 1.0 displaying content to users. But, the users couldn’t interact with the websites. These web pages were similar to digital documents. HTML was the primary programming language back then.

Around the 2000s, the programmers introduced us to new technologies like AJAX and RSS. Now, the users were able to interact with websites. Forums came to life this time. Social networks started to appear as well.

It made the world more connected. Web 2.0 allowed users to get the content based on their queries.

What is the actual challenge for Web 3.0?

The latest hurdle for the web is to understand the data it presents. Right here, the conception of the semantic web enters! It is a technology to find, combine, reuse, and share data by categorizing and tagging content.

This web extension allows us to exchange data in a familiar pattern. It uses a specific language to understand how the data relates to real-life objects. Then this technology connects those data to a database.

Now, these databases will be linked to other databases. That’s how semantic technology gets connected with artificial intelligence. It enables the computer to understand human language.

Semantic technology uses machine learning and artificial intelligence to understand text and meanings to the words. Here the algorithm of the process recognizes the specific elements of the text first. Then It connects them with the logical and grammatical roles.

How is Web 3.0 Changing the Digital World?

There are different opinions in the technological field regarding the anticipated nature of the evolution of the Internet. Some say Web 3.0 will change the way people interact with the web.

However, one thing is for sure. The next generation of the Internet is going to be:

  1. Open or transparent
  2. Trustless
  3. Decentralized

Let me analyze these terms. It will help you to get a better understanding of Web 3.0.

Open or Transparent

Web 3.0 will be an open network. It means the programs are developed with open-source software. Therefore, an open community of information technology and website developers can access the code on the Internet.

They can also transparently deploy the code. This open nature of Web 3.0 reveals a fun fact. That is- every open-source program is a virtual resource. And, these are always available whenever a user wants to leverage its benefits.

Trustless

Trustless network- this term is familiar now. The exclusion of all third parties is an in-demand ideology in today’s technology. Data stealing is a prominent concern right now among internet users worldwide. Naturally, trusting third parties with your data can not be a suitable choice.

A Trustless network comes in handy here. It ensures the removal of any third party in an online transaction or interaction. That has made blockchain technology so much popular. Users use blockchain for transactions that involve cryptocurrency.

Decentralized

Social media is prevalent today. It breaks down all the geographical boundaries. Still, there are not enough firms that own social media platforms. And those limited firms handle the data of millions of people.

They use our data for many purposes. Some of these are unimaginable and unknown. Decentralization gives you a few alternatives that can dethrone the web’s gatekeepers. It eliminates the centralization of data.

The last words

The Internet is fun. The Internet is the thing that lets millions of people earn their bread and butter. And, the best part of the Internet is – it is continuously evolving.

Web 3.0 is the smartest web extension right now. It is going to be the next stage in the evolution of the Internet. And, it is not too far. The roots of it are already laid. Now, let us get ready to embrace the hyper-intelligent network that can understand data like humans.