web 3.0

What is Web 3.0 and Why it Matters? A Beginners Guide

Get more knowledge on web 3.0 and how well can you perform higher level of understanding of data without any hassle. Technology includes AI, Semantic Markup, Crypto Blockchain and others in deep.

Blog Author
Manikanda Pandian

July 06, 2020

With the constantly evolving internet, we have already experienced Web 1.0 and Web 2.0. And it’s now time for Web 3.0. Web 1.0 is popular for bringing a static user experience and without the capability of forming content-enriched websites that you can easily find. Web 2.0, on the other hand, is popular for introducing both dynamic and social media websites by necessitating centralization. Before we discuss more, let's discuss what web 3.0 is.

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What is Web 3.0?

When it comes to Web 3.0, it seems to offer complete control of online information and also offers the ability to form a semantic web. It reflects that machines can easily identify and read and also can process those user-generated content most efficiently.

Blockchain is an emerging technology in today’s time that has a great ability for offering decentralization, open digital economies, crypto wallets for free online identities, etc. Our way of interacting with the internet seems to be more immersive with the Web 3.0 option. As far as its advantages for users are concerned, they can avail of benefits like seeing relevant ads, easy browsing, good customer support, etc.

Another great advantage of Web 3.0 technology is that it supports Amazon Alexa, Siri, and other virtual assistant technologies that have a great role in smart homes. Also described as Web3, Web 3.0 heavily relies on other emerging technologies such as Artificial Intelligence (AI), machine learning, and Blockchain technologies. With the advanced version of Internet technology, users can enjoy the liberty of having more control over their online data. They can use the same in the way they wish.

A top website development company Bangalore opined that Web 3.0 brings the possibility of creating smart, intelligent, and open web applications and websites that can get the ability of a higher level of understanding of data. Digital economies and decentralization have a lead role in Web 3.0.

It gives you the ability to create great value for the content that you create on the internet. You must know that Web 3.0 is constantly changing. So, it's certainly tough to find a single definition of the latest version of internet technology. Its actual meaning generally differs from individual to individual.

Top Features of Web 3.0 Technology

Once you are aware of what web 3.0 is, it’s time to take a look at some of the great features of the new Web 3.0.

Artificial Intelligence

Artificial Intelligence is a constantly evolving technology that gives the machine the ability to read user-generated content. Customer service bots or chatbots are already famous and are doing wonders in this area. Meanwhile, it’s only a small demo of the great ability of AI, which is capable of presenting and sorting data too. And this is the reason why AI is popular as a versatile tool for the 3rd generation of internet technology. Also, we can implement artificial intelligence in web development frameworks.

Semantic Markup

With time, the machine has improved its capability of understanding the content that an individual creates. Meanwhile, it’s still not enough. There’s still a need to do more to create a smooth experience that makes it possible for semantics to be fully grasped.

Crypto

Crypto is expected to give the ability to users to generate value. It brings the possibility of tokens and currency for exchanging services. For instance, content creators can get currency or tokens if anyone accessed their work.

Blockchain

Blockchain is known for offering a fully defined system for reaching goals like decentralization, data ownership, digital economies, etc. It also provides a great ability for an individual to tokenize assets and also create their online identity.

Select a Page Pattern

You may now select a page pattern for new pages with this brand-new functionality. There is a pop-up with a list of patterns from which to choose. It should be noted, however, that not all themes are currently compatible with this new functionality; however, you can still use the pattern library to browse and upload patterns on your WordPress website.

Why does Web 3.0 Matter?

Many big market players, especially social media companies such as Facebook, Instagram, Google, and others provide their platforms to users and encourage them to use them for various purposes. In return, they get the personal data from users and sell the data to advertisers to make a vast profit.

Meanwhile, with Web 3.0, one can enjoy having good ownership of their data and can get mutual benefits. In other words, you get the liberty to sell your data directly to marketers while still getting complete ownership with an assurance of full data privacy.

Another great advantage of Web 3.0 is it eliminates the necessity of having multiple social accounts. You just need to have a single account to access multiple social media platforms, shops, information, etc.

Apart from this, Web 3.0 also makes it possible for users to get tailored information based on their personal needs and preference from any website and application. More and more, users also get a personalized interaction with various websites and machines in the same way you communicate with any person.

Why Has Web 3.0 an Edge Over Web 1.0 & 2.0 Technology?

Well, the simple answer is Web 3.0 is an advanced version of Internet technology – that’s why it’s better than previous versions. Explore the following points to understand how the current version of the internet technology is superior to its predecessor.

Convenient and Efficient Browsing

With Web 3.0 technology, you can experience fast and also fully convenient browsing. It makes finding search results in search engines more efficient with semantically-relevant outcomes. The search results will appear exactly based on the metadata and search content. So, it makes browsing highly convenient while delivering a better experience.

Improved Information Interconnectivity

Today, more and more products are getting connected on the internet. A large data set offers the algorithm sufficient information to go through and analyze. It provides the possibility to deliver accurate and exact information based on the users’ personal information.

Improved Promotion

An irrelevant and higher amount of online ad copies can frustrate anyone. Meanwhile, useful ads often tantalize the sense of users and they indeed click on them. The new version of the internet technology leverages AI to improve ad copy and marketing materials and target customers based on their da.

No Central Point of Control

Another great fact about Web 3.0 technology is it removes the necessity of intermediaries for controlling user data. This freedom is something that minimizes the risk of censorship by corporations or governments. Besides, it also reduces the effectiveness of Dental-of-Service (DoS) attacks.

Enhanced Customer Support

When it comes to customer service, it’s indeed necessary for delivering a smooth user experience for both web 3.0 websites and applications. Today, the chatbot does wonders to deliver an outstanding experience to users while interacting with various support agents.

Final Words

So, you may now have the answer of what is web 3.0? Web 3.0 is a result of nothing but the constant evolutions of internet technology. It has not only changed the way we use the internet but also for entrepreneurs, and advertisers.