Web 3.0 is the third phase of the internet. It leverages blockchain technology, including a collection of decentralized protocols that is run by network participants worldwide. Here’s what you should know about Web3 and its most important apps.
The most important thing for Web 3.0 is semantic web (see below) and artificial intelligence. Since Web 3.0 operates on decentralized protocol, it is obvious that there will be a symbiotic relationship between Web 3.0, cryptocurrency and the blockchain ecosystem.
Web 3.0 is not yet standardized but here are some of the features:
1. Decentralization - This is one of the main features of Web 3.0. In Web 2.0, computers use the HTTP to search for information which is usually stored in a single server but with Web 3.0, it can be kept in several locations at the same time because the search for information is based on its content. This will take power away from the internet giants like Meta and Google, thereby giving people more power.
2. Ubiquity - This is the act of existing everywhere especially at the same time (omnipresent). Web 2.0 is already omnipresent but Web 3.0 is an advanced version making it possible for other internet-connected devices known as internet-of-things (IoT) to access information and not just mobile phones and desktops.
3. Semantic Web - Semantics is the study of the relationship between words. The semantic web, according to Berners-Lee, enables computers to analyze loads of data from the web which includes content, transactions and links between persons. Applying web semantics would enable machines to interpret meaning and emotions by analyzing data.
4. Trustless and permissionless - Trustless being a feature of Web 3.0 means that anyone can engage directly without the use of intermediaries. It is also permissionless since it is an open-source software. With this in view, Web 3.0 will run on blockchains, peer-to-peer networks, or a combination of both referred to as dApps (decentralized apps).
5. 3D graphics and spatial web - Web 3.0 is also called the spatial web by some futurists because it blurs the line between physical and digital by providing a believable, three-dimensional cyber world. These 3D graphics are not only beneficial to the gaming world but other sectors like real estate, health, e-commerce will also experience this new level of immersion.
6. Artificial Intelligence (AI) - Wikipedia describes artificial intelligence as intelligence displayed by machines. The use of semantic web brings forth intelligent machines that are able to decode the meaning and emotions conveyed by a set of data. Web 2.0 has similar capabilities but it is more human-based which can lead to corrupt and biased opinions but with the use of AI, users are provided with the best filtered and unbiased data as possible.
Web 3.0 apps can be grouped into different categories. They are as follows:
Social networks - There is no doubt about the impact social networks have in our lives. Social networks are limited and big corporations or the government can control the user’s point of view. This limitation is removed with the use of Web 3.0 social networks such as Sapien, Sola, Steemit, Indorse, etc. All these use blockchain technology and artificial Intelligence.
Advantages of decentralized social networks
Messaging - Messaging is a part of our everyday lives. Sadly, most of us either use Facebook messenger or WhatsApp and sometimes Telegram. All these are centralized and your messages can be tracked easily. The solution is Web 3.0 powered apps such as e-Chat, ySign, Obsidian, Riot, etc.
Advantages of decentralized messaging platforms
Remote job - Remote jobs are really common in this age. In the US alone, a lot of the workforce is made up of freelancing and remote jobs. Some of these remote job platforms are still limited but with decentralized remote job platforms, these problems can be solved easily.
Some of these platforms include:EthLance, Cryptotask, Atlas.Work, Blocklancer, etc.
Browser- Some popular browsers include Google Chrome, Firefox, Phoenix, Opera. These browsers are not completely secure in protecting their users. If users visit an infected website, their mobile devices or laptops also get infected. The simple solution is to get a Web 3.0 browser that makes use of blockchain technology. Some examples include:
Benefits of decentralized browser
Insurance and banking- This is one of the most corrupted sectors. Here are some Web 3.0 apps that will make this sector more reliable for its users:
Advantages of blockchain for insurance
Storage- With centralized storage platforms, we are subject to things like data breach and data manipulation. Some Web 3.0 storage platforms include:
Streaming - The streaming industry is large but the monopoly it has will be disadvantageous in the long run. Meet some Web 3.0 streaming apps :
Benefits of blockchain in streaming
Copyright issues will no longer exist
Other Web 3.0 applications include Apple’s Siri and Wolfram Alpha.
In conclusion, the evolution of Web 3.0 applications will create a more user-friendly environment for everyone devoid of the current challenges we are facing with centralized platforms.
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