The most recent iteration of the internet is Web3. That sounds significant, and it is, but a new version of the internet is not being put in its place. Instead, it involves improving what we currently do. There will be a thing for everyone, so don't worry if you're not sure what VR is or if you love it or hate it.
Web3 is the most recent version of the internet. That sounds important, and it is, but a replacement for the current internet is currently not being created. Instead, it calls for improving what we already do. Don't worry if you don't understand virtual reality or if you like it or dislike it; there will be something for everyone.
Here is a summary of how the internet has changed over time:
The Static Web, or Web 1.0 (around 1990–2005). It was composed primarily of read-only web pages without many interactive features. Information was difficult to find and content creation was constrained.
The "Web 2.0" or "Dynamic Internet" (2004). made up of brand-new software programs created on the internet. The majority of the value is produced by businesses like Google, Apple, Amazon, and Facebook.
Web3 platforms could provide producers and users with a way to monetize their activities and contributions. The concept of Web3 seems to be a more democratic version of today's online and digital works. For instance, the social content mining feature of PIXIE, a cryptocurrency-based counterpart of TikTok or Instagram, pays all social activities with PIX.
Although Web3 has evolved in a variety of ways, the following traits are frequently suggested by experts in the field as ways to characterize Web3:
Semantic Web: Web technologies that have been improved to let users construct and share links based on search and analysis. Web3's search and analysis tools would put a greater emphasis on comprehending word meanings and their context.
Decentralized: Web3 will be decentralized, with all services and applications allowed by a distributed method where there is no central authority, in contrast to Web 1.0 and Web 2.0, when administration and application were mostly centralized (think of Facebook/Meta).
Some computer experts regard Web3 as the "metaverse" or "3D graphics" because it can foster unprecedented levels of connection and immersion between the real world and the virtual one. Innovative uses are being observed in a variety of sectors, including sports, healthcare, property investment, and e-commerce.
Intelligent, strong data control
With all of the flexibility of Web 1.0 and all the advantages of recent technology advancements, Web 3.0 aims to give customers authority. The main forces underlying this power shift are decentralization, blockchain security, and increased accessibility to AI. The real web will be generally pro and in favor of privacy. Thanks to the privacy offered by encrypting and distributed ledger technology, internet connectivity, and user information will no longer be governed by a small number of businesses.
With our end-to-end Web3 services, Lucent Innovation assists businesses in utilizing the power of decentralization to boost productivity, unleash additional business potential, enhance customer satisfaction, and create new business models.
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Yaani PatelJuly 22, 2022
Aashish Kasma & Vedika PandeySep 14, 2022
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