Why you need to invest in web 3.0
Web 3.0, also very much known as the third-generation of the internet, it is the next evolution of the www era. It does provide a complete data-driven internet, employing a algorithm-based understanding of data with the sole objective of massively developing a very intelligent and strongly connected web experience for users all over the world.
The internet of today is quiet static at best and unable to adjust to the specific individual needs of each person experiencing or using it. Web 3.0 however promises to be a lot broader in spectrum, dynamic and interactive as well. By utilizing artificial intelligence and blockchain technology, web3.0 will completely redefine the web interface and experience with full structural changes to deliver democratization over all aspects of the internet.
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In Web 3.0, data is very much stored quiet securely and distributed across several machines and devices, thereby completely removing the need and necessity for centralized servers. Such a design also completely reduces the risks of massive data leaks because this massive data is no longer stored in a central server — making it more resilient and very difficult to compromise.
About Web Data Growth and the Path Up to Web 3.0
What is Web 3.0?
Is web3,0 the future of the internet? If you take a look at Web 3.0 definition, you may not necessarily find a very fair, clear and unique explanation. In 2006, Berners-Lee said, “People keep asking on asking what Web 3.0 is. perhaps when you’ve finally got an overlay of scalable vector graphics with each factor folding up on its own and looking very misty — on a Web 2.0 and undisrupted access to a Semantic Web flow integrated over a large data space, you’ll have access to an unbelievable data resource.
While it’s very visible and undeniable that these data volumes are growing quite faster than they were before, the wide and unending debate about a Web 3.0 proper definition and its core connections with the digital universe of data is still very much wide open.
Web 1.0: Static, Ready-Only
This first version of the world wide web is strongly acknowledged as the first stage of the internet evolution. It is very much characterized as a simple read-only web experience for its users at the time. Users can and would only have access to reading the information on web pages which were driven by web browsers, HTML, HTTP and URL technology. However, the experience was very highly decentralized, and there are no search engines whatsoever. Instead, Web 1.0 content was static and all hyperlinked together into one. Web 1.0 is also referred to as the Syntactic Web, and the user’s role in this space was very much limited.
Web 2.0: Centralized By Giants
As the second gen of the internet, Web 2.0 is also popularly known as the read-write world wide web or the social Web, this is simply because it does facilitates good interactions between its users and sites they visited. Driven mainly or majorly by mobile, social networks and also cloud technology, the Web 2.0 users can very much read and write down content on sites and applications and just as well easily distribute it between sites.
A handful of big tech companies like Meta which was (previously Facebook), YouTube and Twitter do own most of our user data associated which is associated with Web 2.0. This our data is very highly centralized and controlled by these companies and tech giants. This centralization of data (and huge power) and monetization of users is spurring the need and hunger for Web 3.0 where everyone gets to control his or her own data.
Web 3.0 Definition and Features
Web 3.0 by intention and design is very highly decentralized, driven by machine-algorithm learning and core artificial intelligence, it leverages on blockchain technology.
The result of this however is real-world real-human communication. Users retain complete control over their own personalized data and content as well, and they can just as easily sell all or part of or trade their data without losing their ownership over it, risking privacy or relying on intermediaries for that’s, now that’s a game changer. In this new business model, intending users can just as very easily log in a website without even having their personal internet identity tracked. Isn’t that just awesome!
With the Web 3.0 integrated into this new generation of the internet, the differences are not as clearly defined.
The term Web 3.0, which was famously coined by a reporter named John Markoff of The New York Times back in 2006, refers to a brand-new evolution of the World wide web which includes very specific innovations and innovative practices. Below are just five main features that can help us define Web 3.0 for better understanding:
1. Artificial Intelligence: By systematically combining semantic capabilities with the natural core language processing, these smart computers can to a high degree of accuracy understand and process information on a high scale which is almost in human-like level to provide faster and a more relevant result when inquiries are made. by doing so, they become more and more intelligent and provide a better satisfy the users needs overall.
2. Connectivity: With the Web 3.0, fast and secure information is more connected, this is all due to semantic metadata. As a result of this, the user experience does evolve into a completely new level of connectivity that leverages all of the available information.
3. Ubiquity: web content and its services can easily and at a faster speed be accessed anywhere and at any given time via a vast array of devices, rather than being exclusive to just computers and smartphones. Web 2.0 is already very ubiquitous in so many ways, but the growth of this web 3.0 will boost and push it to new levels.
4. Blockchain: With the blockchain technology present, users’ data is uniquely protected and securely encrypted. This is very important as it prevents and prohibits large companies and so-called tech giants from controlling and/or using its users’ personal data for their own gain.
5. Decentralized: Decentralized info or data networks do store data within a peer-to-peer strong inter-connection. Its Users will maintain full ownership over their own personalized data and digital assets and they are very much able to log in securely over the internet without being tracked or hacked.
How Web 3.0 Will Change Our Lives For The Best
These impeccable features listed above bring us just the closer to a Web 3.0 definition. With the valuable addition of semantics and machine-ai learning, Web 3.0 is a beast of evolution, it is rather an evolution in which everyday computers we use to perform simple tasks can grasp and understand the full meaning behind information. They can learn what you are really interested in down to what makes you tick all the more to serve you better while you still have complete control over the data, they can also help find what you want faster and understand the relationship between things.
Now, let’s take a look at an example that brings these five features together:
In Web 3.0, while driving your car, you can ask your automotive assistant a simple question: “I would like to watch a sweet movie and eat Chinese food.” The web3 search engine embedded inside the car will provide you with a very personalized response that will in all things consider your location, suggesting the nearest cinema that will match your request and a top-class Chinese restaurant by automatically consulting and going through the reviews on social media. Then this machine might even present you with a 3D menu from the restaurant on the display for better salivation.
CONCLUSION:
You must know this; Web 3.0 is definitely no longer a dream it is a reality (at least in so many use cases). In fact, it is very much a cognitive technology which is like that of an expert.ai algorithm that is making this all very possible. Understanding and applying the use of the understanding of language is very integral to so many facets of the world wide web. By making semantics and quiet natural language processing central components to it, the possibilities are very unlimited, vast and endless.
There are so many ways you can invest. Jump onboard and get started with owning a part of this web 3.0, NO! am no talking about owning your own app or website just yet.
But don’t get left behind like you did web 1.0 and web 2.0. Some already established sites make it easy to earn money using web 3,0 platforms and some of them are Binance and Kucoin which can be used for trading, per-to-peer transactions, staking and a lot more.
For those who are not good at trading for profit you can use binance or kucoin for staking-a system where the exchange simply holds your investment in place for a period of time while growing you a consistent profit of that staked coin whether the staked coin goes bullish or bearish. Now that is a great way to earn money from web 3.0
Click to sign up on Binance and Kucoin to get started on making money with web 3.0
To learn more on the security and safety of these sites and the comparison to know which is best for you, find out more from articles below
Binance Vs Kucoin-Ultimate beatdown.
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