What is web 3.0?
To understand what Web 3.0 is and what innovations it incorporates, you must first look back in time and learn about its evolution.
The first version of the WWW, Web 1.0, was born at the beginning of the 90s. At that time, the web pages were mainly informative and, therefore, users could not interact or upload their content. This was only reserved for programmers and web developers.
With the expansion of the use of the Internet, Web 2.0 arose, which has been updated to this day. Today, users can easily share information, interact, and use an infinite variety of applications. However, at this point, some challenges arise, such as control and privacy of user data. However, Web 3.0 seems to be a reality soon and, with it, the user experience on the Internet will go one step further.
In this sense, Web 3.0 is characterized by connecting different types of devices and adding the use of advanced technologies, such as artificial intelligence , Big Data , Internet of Things (IoT) or a better interpretation of human language; something that has been called the Semantic Web . All this will allow people to once again be the protagonists of the network.
Likewise, this new version will be based on blockchain technology, a distributed database that allows information to be stored in a totally secure, transparent and decentralized manner. Thanks to this, users will be able to recover ownership of their identity and data.
How does Web 3.0 work?
Web 3.0 will allow users to interact in different ways and in a more natural way. A clear example of this are voice assistants, such as Alexa or Siri, which allow you to perform all kinds of tasks with just a voice command. This is what has been called non-browser applications.
On the other hand, in Web 3.0 data will also be the main protagonists. These will not only be more accessible and have a standardized format, but will also integrate better with each other. Likewise, in all this new structure, it is expected that the blockchain, and probably the cryptocurrencies, will have an important role.
In fact, thanks to this technology, it will be possible to build a decentralized Internet with its own digital economy. In this way, users will once again be the owners of their data, since it will be stored in a more reliable way, and they will decide at all times who can access them -something that will give way to the semantic web.
On the other hand, thanks to artificial intelligence and machine learning, Web 3.0 applications will be smarter and will be able to understand the language and needs of users much better, allowing for more personalized and relevant browsing.
What applications will web 3.0 bring with it?
Although Web 3.0 is still in full development, some of the applications that will make it a reality. These new applications will gradually replace the current ones and will end up being used on a massive scale.
Metaverse
Since Facebook's name change to Meta, the metaverse hasn't stopped gaining popularity. Virtual or augmented reality will take us to 3D universes with its own digital economy. It is a new form of entertainment and business opportunities that will immerse us in an immersive experience and new ways of interacting on the web.
NFTs
The NFT (Non Fungible Token) will be the protagonists of the digital economy of the Web. The idea of selling and buying unique and immutable digital items will be taken a step further and become commonplace, integrating more naturally with the metaverse or gaming.
Cryptocurrencies
Tokens and cryptocurrencies will also play a very important role in Web 3.0. If in Web 1.0 the protagonists were the links and in Web 2.0 the likes, in Web 3.0 it will be the tokens. Cryptocurrencies will be the most common means of payment and the way in which content creators can easily obtain rewards.
Digital Identity
Each user will have their own digital identity in which only they will have absolute power over their data thanks to blockchain technology. In addition, this digital identity will allow authentication and unify access to the different Web 3.0 applications, so it will be much easier to know what is happening with our data.
Decentralized Social Networks
Web 3.0 will completely change social networks as we know them. These will be more global, accessible, free, personalized and decentralized.
Blockchain Payments
In recent years, Web 2.0 has faced a number of security-related challenges. However, web 3.0 will bring the solution to a large part of these problems, especially those that have to do with security in payments and monetary transactions. In this way, it is very likely that financial institutions use Blockchain Development Company so that users can operate with total security and transparency.
Decentralized Web Browsing
Browsers are the gateway to the Internet and therefore will also need to undergo changes. They will include new technologies and ways of browsing the web, in the same way that they will grant greater control over the advertising that is seen or the data that companies can collect from users. In this way, decentralized web browsers are presented as a safer and faster alternative.
The blockchain: the key to Web3
Although Web 3.0 is still in an early phase, the truth is that it will eventually become a reality. However, this will offer us a more secure, anti-monopoly, pro-privacy, interoperable network and with a more natural use, so that it will be better integrated according to our needs -all thanks to the advantages that blockchain technology provides.
And it is that blockchain technology has the potential to definitively change the way in which manage information in the digital environment, but, in order to be able to adopt it on a massive scale, it must face a series of legal and user experience challenges. However, in this context, it is essential to have sufficient financial capacity to undertake projects that offer innovative solutions to these challenges.
