What is Web 3.0?
Web3 is the third generation of the internet currently being built, where websites and apps will be able to process information in a smart human-like way through technologies like artificial intelligence (AI), machine learning (ML), Big Data, decentralized ledger technology (DLT), and more.
Features of Web 3.0:
- Decentralized
- Trustless
- Permisionless
- Semantic Web
- Ubiquitous
Uses of Web 3.0:
- Metaverse
- Blockchain Gaming
- Creator Economy
- DAOs Decentralized Autonomous Organization
- DeFi – Decentralized Finance
Evolution of Web 3.0:
Web 1.0: Read (1989-2005)
Web 1.0, also called the Static Web, was the first and most reliable internet in the 1990s despite only offering access to limited information with little to no user interaction. Back in the day, creating user pages or even commenting on articles weren’t a thing.
Web 1.0 didn’t have algorithms to sift internet pages, which made it extremely hard for users to find relevant information. Simply put, it was like a one-way highway with a narrow footpath where content creation was done by a select few and information came mostly from directories.
Web 2.0: Read-Write (2005-present)
The Social Web, or Web 2.0, made the internet a lot more interactive thanks to advancements in web technologies like Javascript, HTML5, CSS3, etc., which enabled startups to build interactive web platforms such as YouTube, Facebook, Wikipedia and many more.
This paved the way for both social networks and user-generated content production to flourish since data can now be distributed and shared between various platforms and applications.
The set of tools in this internet era was pioneered by a number of web innovators like the aforementioned Jeffrey Zeldman.
Web3 (or Web3): Read-Write-Own (Coming)
Web3 is the next stage of the web evolution that would make the internet more intelligent or process information with near-human-like intelligence through the power of AI systems that could run smart programs to assist users.