Machine learning, artificial intelligence and big data are all part of the new era in smart-human-like tech. The third generation of internet has more to offer that one could ever imagine. This revolution was known as the “read-write web”, where the emphasis was on user-generated content and ease of use. This revolution has made it possible for people to connect with their loved ones and peers, access information and establish businesses. However, there are still flaws.
Web 2.0 has allowed a handful of individuals and organizations to establish a monopoly on the internet, less transparency about the use of people’s data, and made them more vulnerable to cyber threats. These challenges require a new approach, or an advanced version web 2.0. This led to Web 3.0.
Web 3.0 is a platform for transparency and security. It allows people to access the data in exchange for money and information without any interference from middlemen.
Web 3.0 is different from the previous versions because it allows end-users full ownership and access to their data. It’s designed so that users will have a personalized experience, which will encourage them to spend more time online exploring advanced opportunities. Each user will have their own code/identity that they can use to safely manage their assets and data online.
Features of Web 3.0:
Web 3.0 applications will look similar to web 2.0, but they will have different functionality and compatibility as they can be accessed from any device and with different software. Web 3.0’s decentralization will primarily mean that user data will be securely stored in multiple locations simultaneously, giving end-users better access to their data.
Web 3.0 will allow end-users to have complete control over their data. This means there will be no involvement by the intermediaries and stakeholders. This is not all. The personalized user experience will offer users complete transparency.
AI and ML will create emotions and feelings through the data. AI will aid in understanding, while ML will keep it forever. The inclusion of AI/ML in user data/documents will help protect them from threats and breaches. It will also enhance security overall. AI will identify threats and take important actions against them, while ML will protect data from similar attacks in the future.
Web 3.0 will impact our online behavior?
Web 2.0 would store all user data centrally, and users could trust service providers to protect and own their data. The trust between users and service providers has allowed them to earn trillions over the years. Users were always concerned about security as they could have their data sold to large corporations in the industry. Web 3.0 is a completely different story. This concern has been addressed with the third generation of web. Data gets decentralized, and the end-user can access it all.
While many companies are already trying their methods on web 3.0, it is still a process that is evolving. Users will be able access their avatars via metaverse as AI/ML becomes a part of everyday life.
Although it’s still early days to talk about the impact Web 3.0 will make on our digital lives and daily lives, we can confirm that the technology revolution has picked up speed, and is heading towards a positive peak. We have seen a surge in technological advancements over the past two years and we know that Web 3.0 will not be a one-off.