We hear the term Web 3.0 circulating a lot on social media and in the news. It completely brainstorms you and you are left with a question mark. So let’s understand it from the roots and how it evolved-
What is Web ?
In real life we all know web is a net kind of a thing that a spider uses to interconnect or make a way for itself. In the same way world wide web or you may call it just web is an information system where information and resources are identified by unique Uniform Resource Locators(URL). The information is transferred through a Hypertext Transfer Protocol (HTTP) and are accessible through a software known as web server.
I know that’s like a lot of jargons but it’s something which you use everyday. For example to access my blog, you went onto a web browser like maybe Google Chrome or Safari and typed in the url address http://www.cryptoprofessorindia.com. That is the basic funda of Web. Now I’ll walk you through the evolution-
The first stage of the web. This phase consisted of a very few creators and a majority of consumers. It was characterized by personal web pages which were mainly static in nature hosted on ISP-run web servers or on free web hosting services. It was basically a one way communication where you could just read the content. Hence it is also known as ‘Read only web.’ It was an important tool then as business houses were able to provide their information to a karde audience around the globe.
The lack of communication with the end user, made things difficult as there would be no feedback. For example e-commerce websites in the Web 1.0 phase were just like catalogues. People could just view and browse through the products. Placing an order online was not possible.
The second evolution or the transformational era. It is also called a ‘participative social web’. Defined by Berner-Lee as the ‘read-write’ web is the current scenario where users are able to contribute content and can interact with each other. There is not much difference in the technical specification but it has modified the way web pages are created and used. The term Web 2.0 first came into existence in 1999 when the Internet made a significant change where users could engage rather than just viewing content. It enabled users to create accounts on various sites so that they could comment and publish articles.
Web 2.0 is the building of the social web where you easily communicate. The social media platforms like facebook, instagram, tiktok, youtube are a product of Web 2.0. We can easily talk to a distant relative abroad by the help of a video call, you can chat with a friend, learn through educative videos, infact this blog which I am writing is possible through a Web 2.0 platform wordpress.
One of the major reasons of growth of web 2.0 can be liked to the growth of smartphones and mobile data. Applications like Netflix, AirBnB, Uber, etc soared as a result. It also lead in the growth of gig economy by offering income sources to people by renting their properties, writing blogs, creating content, driving a cab, delivering food, etc.
It is the next phase of the internet. The third generation of the web will allow processing of information in a more smarter way with the help of artificial intelligence, machine learning, Trustless and Permissionless, decentralised Blockchain technology. Some examples of Web 3.0 in our day to day life can be like asking Siri on your iPhone to dial a contact, trading Cryptocurrency, using Defi services, asking Google for Navigation help. Web 3.0 is also explained as “read-write-execute”.
In early 2001, Berner’s Lee defined Web 3.0 as ‘Semantic Web’ which would be self governing,intelligent and open sourced internet. ‘Semantic Markup’ refers to the communication gap between the user and apps. The apps cannot form any context to data and also don’t know what is relevant. Here semantic markup helps in presenting the data in such a way that it can not only be accessible by Humans but also be processed by apps. Let’s take a look at a few concepts associated with Web 3.0-
One of the main feature. Till now the web was using the HTTP protocol along with a unique URL to get data which is stored at a fixed location on the server. In Web 3.0 the data will be stored on decentralised blockchains. This will help in cutting the undue advantage that tech giants like Facebook and Google have by their massive database. The data will be processed and sold without any centralised authority and the ownership rights will remain with the user. As a result it will become Trustless as users will directly be able to interact without a trusted third party as well as Permissionless as there won’t be any need of authorisation. Web 3.0 applications are also often known as Dapps as they are Decentralised in nature.
Artificial Intelligence (AI) & Machine Learning
Web 3.0 will enable machines to understand information and interact like Humans. They will also be able to take decisions by the help of semantic web and smart contracts. Machine learning which is a sub branch of Artificial Intelligence helps the machine in imitating and learning human data and hence improve accuracy. We have already talked about Siri and Alexa, so haven’t you ever thought of how Alexa learns your preferences infact she even knows your voice when you call out for her 😉
Initially the concepts of Web 3.0 might sound baffling but it has already started to become mainstream and major tech houses of the world are considering it. The next gen Web 3.0 promises to be more private without the risk of leak of data. Gradually distributed networks will be replaced by decentralised ones and dapps will take over as they provide more control over data. It will certainly make the world a better place to live in by making life easier and plus entertaining. Let’s wait and see what all it has to offer us in the near future. I will cover more concepts of Web 3.0 in the upcoming blogs..
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