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Decoding the Buzz Around Web 3.0

From online business to designing, Web 3.0 has made everything much more efficient

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Ishita Chakraborty
Ishita Chakraborty
Editor-in-Chief at Transcontinental Times, Computer Science Graduate, PG diploma in Journalism and Mass communication. Ishita is a youth activist for PETA India, President of Girlup IWO, and a linguaphile. She covers social issues, politics, UN initiatives, sports, and diversity.

INDIA: The term Web 3.0 has been the buzzword for a long time. Web 3.0 is the new phase of the internet’s evolution that is going to take the internet to a whole new level. It is the third generation of the internet that enables intelligent interactions between users and electronic devices. 

What is Web 3.0

In the third generation of the internet, users and machines don’t require third parties to interact with data and value via an underlying layer of peer-to-peer networks. Web 3.0 is built mostly on three layers of technological innovation that include, artificial intelligence, edge computing, and decentralized data networks.

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It is a revolution that will immensely change human lives. IT professionals are now leading the way to derive good benefits out of the technology. From online business to designing, Web 3.0 has made everything much more efficient. Along with this, Web 3.0 is capable of effectively delivering better quality outputs in a short time. Several trends are essential to Web 3.0 including connectivity, open protocols, business, etc.

The most unique part of Web 3.0 is the wide range of connectivity options it provides. The web services help you create business models at a minimal time.

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Web 3.0 is undoubtedly better than its previous counterpart, Web 2.0. With Web 3.0, the machines are now able to process languages and help a user with efficient reasoning. 

What is web 1.0 and 2.0?

Web 1.0 is the first generation of the internet. In Web 1.0, all the websites were built statically. Earlier, the content was mostly manually written by web developers, web designers, and website owners. If there was any error in the content, it had to be changed by the website creator. This made the whole job very tedious and time-consuming.

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This was the most prevalent type of website from the beginning of the internet in 1995 to around 2005. However, when social media came into the picture, everything just changed. 

On the other hand, Web 2.0 refers to our current era where most websites are dynamic. The majority of content on the website is entered by the users and not the creators. Social media websites like Facebook, Twitter, LinkedIn, Reddit, etc follow the Web 2.0 format. Recently, messaging sites like Whatsapp, Telegram, Discord, etc have also adopted similar formats and have expanded themselves to social media sites.

Web 3.0: a game-changer

Web 3.0 can seem like an intriguing idea, but it is difficult to implement in practice. The most profitable corporations in the world control Web 2.0 and employ the best network of computer programmers. However, the chronic problems associated with Web 2.0 will disappear as peer-to-peer communications will allow individuals to take ownership of their time. 

The Web 3,0 projects are a complete gamechanger. Cryptocurrency was the first global; use case of a decentralized computer network. Thus, it is closely associated with Web 3.0. In a nutshell, Web 3.0 will bring users a fairer internet by enabling the individual to be a ruler in the world of the internet.

Also Read: The Importance of Diversity and Inclusion to Improve Workplace Culture

Author

  • Ishita Chakraborty

    Editor-in-Chief at Transcontinental Times, Computer Science Graduate, PG diploma in Journalism and Mass communication. Ishita is a youth activist for PETA India, President of Girlup IWO, and a linguaphile. She covers social issues, politics, UN initiatives, sports, and diversity.

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