Web 3.0 will allow all of us to get compensated for our time and data! What do you think the future of the internet will be like?
Talking about the future always makes us wonder. What do you think our future will be like? Because, it is undeniable that currently internet technology seems to be increasingly mastering the future of the world.
Don’t you know? In recent times, the internet is filled with new terms. Call it Metaverse, NFT, and this time there’s Web 3.0.
After the popularity of Metaverse, Web 3.0 is the new buzzword that is taking over the world of the internet. It is also known as the decentralized web, where the 3.0 Web is the third version of the internet, which is an improvement over the current 2.0 Web.
This ongoing internet revolution aims to put more control over web content in the hands of its users.
Well, 3.0 Web that will be built on blockchain, the technology that underlies Bitcoin and other crypto asset, aims to eliminate all major middlemen, including centralized regulators.
In case you didn’t know, the 1.0 web began in the nineties, the early days of the internet. Back then, the web was a way to democratize access to information. Then, in the mid-2000s, came the 2.0 web, when big names like Google, Amazon, Facebook, and Twitter first appeared. It was this big platform that then brought order to the internet by facilitating online connections and transactions.
Furthermore, Web 3.0, also known as web three, is the third iteration of the internet that connects data in a decentralized way, to provide a faster and more personalized user experience.
The 3.0 web is built using artificial intelligence, machine learning and the semantic web, and uses a blockchain security system to keep personal information safe and secure.
Thus, decentralization, transparency, and massive user utility are the defining characteristics of the 3.0 Web.
The idea behind using the semantic web is to understand and interpret the context and concepts of data. Therefore, when users are looking for answers, Web 3.0 will provide end users with the most accurate and relevant results.
Companies like Google, Facebook, and Microsoft are some of the few companies currently making big profits from user data. However, Web 3.0 will allow all of us to be compensated for our time and data. Because, on the other hand, with the 3.0Web, people have to be paid for the data they share.
This means, users will be able to sell their own data to advertisers, you know! But don’t worry, you can still maintain the ownership and privacy of your personal data, really!
Not only that, web three will also enable websites and applications to use data more meaningfully and tailor information for each user.
And because of that, this third generation web is an internet where you will enjoy personalized interactions with machines and websites, in the same way you would communicate with other peoples.