Web 3.0 – A gold standard in simulated human technology

The era of smart-human-like technology is right here with machine learning, artificial intelligence, big data, etc. This third generation of the internet has a lot more to offer than what one would have ever thought possible. This revolution was referred to as the read-write web where the main stress was on user-generated content, ease of use, and interaction. While this has greatly helped people to access information, establish their businesses and connect with peers and loved ones, but it is not without flaws.

Web 2.0 has helped a few groups of people and organizations to establish a monopoly over the web, less transparency over the use of people’s information, and vulnerable to cyber threats. Dealing with these challenges requires a new approach or an advanced version of web 2.0, which led to the launch of Web 3.0.

Driven by transparency and security, Web 3.0 decentralizes and secures the data so that people can further access it in exchange for money or information with the least interference from middlemen.

What separates and makes Web 3.0 superior to the prior ones is the full access/ownership of the data for the end-users. It is designed in such a way that the entire user experience will be personalized which will motivate users to spend more time online to explore advanced opportunities for themselves. Every user is said to have their own unique code/identity with which they will be able to manage their data, and assets online safely without the fear of any breach and malware threats.

Features of Web 3.0:

  1. Decentralization:

Web 3.0 applications are similar to web 2.0 but their functionality and compatibility are different as they will be accessible from all devices, and with different software. Decentralization of data in Web 3.0 will mostly signify that the user data will be stored securely in different locations at the same time, providing the end-users with better access to their data.

  1. transparency:

Web 3.0 allows end-users have full control and authority over their data, which means that there will be negligible involvement of the middlemen and the stakeholders. Not just this but even the personalized user experience will provide sheer transparency to the users.

  1. AI/ML:

The usage of AI and ML in the user experience will bring in emotions and feelings in the data of the users. AI will help in understanding while ML will remember it forever. This inclusion of AI/ML will protect the user data/documents from breaches, threats, and malware practices while enhancing the overall security. AI will help to identify the threats and take significant actions against them and ML will protect the data from such similar things in the future.

Web 3.0 will influence our online behaviour?

With Web 2.0, every user data would be stored centrally and the users trusted service providers with the ownership and protection of their data. This trust relationship between the users and the service providers has let the latter earn trillions of dollars over the years. Security was always a concern to the users as their data could be sold in exchange for a significant sum by the giants in the industry. But no more is the case similar when it comes to Web 3.0 and this concern was well addressed in this third generation of web, as the data gets decentralized and the end-user has full access to it.

Many companies are already experimenting and trying out their ways on web 3.0 but as it is still an ongoing process, clarity to it will come along with time. With the adoption of AI/ML as part of our life, users will also be able to access their different avatars on metaverse.

It’s early days for us to speak about the impact that Web 3.0 will have on our digital lives, but yes, the phase of revolution in technology has stepped up its pace, and it is only heading towards a positive spike. The surge in the last two years’ demand for advancement in the technological space has made us understand that no stones will be left unturned in making this move into the world of Web 3.0 and its other different aspects.



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Disclaimer

Views expressed above are the author’s own.



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