These days, Web 3.0 is the most recent advancement in Internet communication, and it will not only restructure Internet communication but also have a substantial impact on key business drivers. The essential internet revolution is in the process, with the goal of giving individuals more control over digital content. Also, It is based on blockchain technologies, a record-keeping system that is well known for making cryptocurrency transactions easier. Web 3.0 is appealing for many people who are interested in the future of technologies because it is decentralized. Therefore, one of the primary goals of decentralization is to eliminate intermediaries and keep information private. This is also known P2P or peer-to-peer.
Decentralization in the blockchain refers to the transfer of control and decision-making from a centralized entity such as a person, organization, or group of people to a distributed network. Furthermore, decentralized networks aim to reduce members' trust in one another and deter them from exercising power or command over one another in ways that would compromise the network's effectiveness.
In addition, If we would like to learn about Web 3.0 which is exactly what offers to us, we must also learn about Web 1.0 and Web 2.0.
To begin with, the earliest stage of the World Wide Web's evolution is referred to as Web 1.0. In Web 1.0, there were just a few content creators, with the vast majority of users being content consumers. The role of the average internet user was limited to reading the information presented to us.
Secondly, the general agreement was that Web 2.0 is an extension of the original ideas and concepts of Web 1.0, rather than a new development of the Web. During this time, systems that allow users to participate in content creation and sharing arose. Web 2.0 is also described as the interactive read-write web and the social web. To illustrate, You have the ability to think and share your ideas on social media. So, In Web 2.0, you may also submit a video for millions of other people to view, interact with, and comment on. Web 2.0 apps include Youtube, Facebook, Instagram, Twitter, and other social media platforms. The fundamental distinction between Web 1.0 and Web 2.0 is the ability of consumers to generate content on the Web, rather than the underlying infrastructure of the Web.
Finally, Web 3.0 is not new, but rather an extension and calibration of the technologies present in Web 2.0. Internet content is becoming more diverse, and the volume of data is growing exponentially, making information management increasingly vital. Moreover, the Web is evolving into a platform for linked data. Data is becoming more widely available to consumers, and by connecting similar data characteristics, the data itself gains value.