March 11, 2022
5 min read
Your Guide To Web 3.0
Imagine a new kind of internet that not only accurately translates what you type, but also understands what you say, whether it’s through text, voice, or other media, and all of the content you consume is more personalized than ever before. We’re on the verge of a new era in the evolution of the internet. There are a few early-stage Web 3.0 applications that exist today, but their true potential cannot be seen until the new internet is fully integrated into the web infrastructure.
But what exactly is Web 3.0, and how will it affect our lives?
1. What Is Web 3.0?
Web 3.0 refers to the next generation of the internet, a generation where websites and apps will be able to manage data in a human-like manner using technologies such as; machine learning, Big Data, decentralized ledger technology, etc.
Data will be interconnected in a decentralized form – completely evolving the current generation of the internet, where data is predominantly housed in centralized repositories. Web 3.0 will allow users and machines to engage with data when programs are able to comprehend information both conceptually and culturally. With this in mind, the semantic web and artificial intelligence are the two cornerstones of Web 3.0.
2. Web 3.0, Cryptocurrency and Blockchain
We expect a strong convergence and symbiotic interaction between these three technologies and other disciplines since Web 3.0 networks will run through decentralized protocols, the founding blocks of blockchain and cryptocurrency technology. They will be interoperable, seamlessly integrated, automated by smart contracts, and be used to power microtransactions for data filing storage/sharing.
Evolution of the Web 3.0 Technologies
Web 1.0 only provided access to restricted content and had little to no user involvement. Web 1.0, also known as the Static Web, was the earliest and most dependable internet in the 1990s. During this era, creating user pages or commenting on articles wasn’t possible.
Because there were no algorithms to sift through internet pages in Web 1.0, it was incredibly difficult for consumers to obtain useful information. It was a one-way street where the content was created by a small group of people and information was largely gathered through directories.
Because data can now be transferred and shared across several platforms, social networks and user-generated content production has drastically developed.
Web 3.0 is the next step in the evolution of the internet. This version of the internet processes information with near-human intelligence through the deployment of AI systems that can run clever programs to help users.
The Semantic Web is designed to “automatically” interact with systems, people, and home gadgets. This web allows both humans and machines to be involved in content development and decision-making. This change will result in every user on the internet generating and disseminating highly personalized content.
3. Key Features of Web 3.0
To understand the next stage of the internet, we need to take a look at the four key features of Web 3.0:
Having the ability to be everywhere, at the same time, is referred to as ubiquity. In this sense, Web 2.0 is already ubiquitous since Facebook users instantaneously capture and post an image, which then becomes ubiquitous because it is accessible to anybody, regardless of location, as long as they have access to the social media platform. Web 3.0 simply takes this a step further by making the internet available to anybody, at any time, everywhere. Because IoT (Internet of Things) technology will bring forth a plethora of new sorts of smart gadgets, internet-connected devices will no longer be concentrated on PCs and smartphones as they were in Web 2.0.
The study of the link between words is known as semantic(s). The Semantic Web allows computers to evaluate large amounts of data from the Web, such as content, transactions, and links between people. By analysing data and applying semantics to the Web, machines will be able to decode meaning and emotions. As a result of the improved data connectivity, internet users will enjoy a better experience.
Web 3.0 machines are intelligent as they can read and comprehend the meaning and emotions expressed behind a data set. Even though Web 2.0 has similar capabilities, it is still primarily human-based, which allows for corrupt behaviours such as biased product evaluations, rigged ratings, and so on. In Web 3.0, AI will be integrated to allow blogs and other online platforms to sift through data and personalize it to the preferences of individual users. AI will eventually be able to present users with the best filtered and impartial info available as technology improves.
Spatial Web and 3D Graphics
Web 3.0 is also known as the Spatial Web by some futurists because it intends to blur the border between the real and the digital by revolutionizing graphics technology and bringing three-dimensional virtual worlds into sharp relief. 3D graphics, unlike their 2D counterparts, provide a new degree of immersion not just in futuristic gaming applications, but also in other industries such as real estate, health, e-commerce, and many others.
4.0 Web 3.0 Applications
The ability to digest enormous amounts of data and turn it into factual knowledge and meaningful operations for users is a common necessity for a Web 3.0 application. With that said, these applications are still in their early phases, which means they have a lot of opportunities for improvement and are a far way from how Web 3.0 apps might work.
Amazon, Apple, and Google are the giants creating and developing products to fit the Web 3.0 apps. For example, Siri is just one example of an application that takes advantage of Web 3.0 features. Since its debut in the iPhone 4S model, Apple’s voice-controlled AI assistant has become more sophisticated and has increased its capabilities. Siri can perform complicated and personalized requests using speech recognition and artificial intelligence.
Siri and other AI assistants such as Amazon’s Alexa can now understand requests like “where is the nearest sushi restaurant” or “make an appointment with Sarah Thompson at 9:00 a.m. tomorrow” and respond with the relevant information or action.
The new internet will offer a more personalized browsing experience, a human-like search helper, and other decentralized benefits. This will be accomplished by allowing each user to take control of their data and enhancing the overall experience through a variety of innovations that will be implemented once it is in place.
The internet will become considerably more intertwined in our daily lives when Web 3.0 arrives, which is difficult to imagine given how smart devices have already impacted our behavioural patterns.
In the future our now offline machines like home appliances e.g. ovens, vacuums, and refrigerators to all types of transport become part of the IoT economy, interacting with its autonomous servers and decentralized applications, advancing new digital realms like blockchain and digital assets to power a myriad of new tech “miracles” for the 21st century.
6. Choosing the right agency
At Under Reality, we help our clients navigate through the virtual world – by embracing new technologies – giving them a competitive advantage. We focus on driving outcomes and making a difference. Want to learn more about how we can lead your company to success? Call, email, or drop by! We have great coffee.
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