Lesson 27 of 33By Shyamli Jha


































Web 3.0 has the potential to be just as disruptive and to usher in a significant paradigm shift as Web 2.0 did. The fundamental ideas of decentralization, openness and increased consumer usefulness form the foundation of Web 3.0. Web 3.0, often known as Web 3, is the next step in the development of the internet.
Imagine a new kind of Internet that accurately translates what you type and understands what you say, whether through text, voice, or other media, and where all of the content you consume is more personalized than ever before. In the evolution of the Internet, you are about to enter a new era. It's been termed Web 3.0.
But, exactly what is Web 3.0, how will it look, and how will it affect our lives? If you’re curious to know the above, you have reached the right place. In this tutorial, you will get all the answers to your questions related to Web 3.0. 

It is anticipated that Web 3.0 will be:-
Blockchain technology will make it possible for users to communicate directly with one another throughout the next stage of the internet. Users will communicate by becoming a part of a Decentralized Autonomous Organization (DAO), a group that is run and owned by its community.
Data belonging to the user will be protected via a network of openly available smart contracts. These contracts will be stored in a blockchain, which a decentralized network that nodes will control.
The following are further Web 3 forecasts:
Tim Berners-Lee, a developer who created the WWW or World Wide Web, originally referred to Web 3.0 as the Semantic Web and saw an intelligent, self-sufficient, and open Internet that employed AI and machine learning to function as a "global brain" and interpret content conceptually and contextually.
Due to technological constraints, such as how expensive and challenging it is to translate human language into machine understandable language, this idealized version didn't quite work out.
Following is a list of typical Web 3.0 traits:
Metaverses: A limitless, virtual environment that is 3D-rendered
Blockchain video games adhere to the NFTs' ideals by enabling users to possess actual ownership of in-game resources.
If Web 1.0 consisted of a small group of individuals producing material for a bigger audience, Web 2.0 consists of many individuals producing even more content for an expanding audience. Web 2.0 places more emphasis on participation and contribution than Web 1.0 did on reading.
User-Generated Content (UGC), usability, interaction, and enhanced connectivity with other systems and devices are the main focuses of this Internet form. In Web 2.0, the experience of the user is everything. As a result, this Web form was in charge of establishing social media, collaborations, and communities. Web 2.0 is therefore regarded as the dominant method of web interaction for the majority of users in today's world.
Web 2.0 is described as "the participative social Web," whereas Web 1.0 was referred to as "the read-only Web." With the incorporation of web browser technologies like JavaScript frameworks, Web 2.0 is an improved and expanded version of its predecessor.
The typical traits of Web 2.0 are broken down as follows:

Despite only providing limited information and little to no user interaction, it was the first and most reliable internet in the 1990s.
Because of developments in web technologies such as Javascript, HTML5, CSS3, etc., and Web 2.0 made the internet a lot more interactive.
Web 3.0 is the next break in the evolution of the Internet, allowing it to understand data in a human-like manner.
Before, there was no such thing as user pages or just commenting on articles.
Social networks and user-generated content production have flourished because data can now be distributed and shared.
It will use AI technology, Machine Learning, and Blockchain to provide users with smart applications.
Consumers struggled to locate valuable information in Online 1.0 since there were no algorithms to scan through websites.
Many web inventors, including the above-mentioned Jeffrey Zeldman, pioneered the set of technologies used in this internet era.
This will enable the intelligent creation and distribution of highly tailored content to every internet user.
Although Web 3.0 has not yet been given a formal definition, it does have several distinguishing characteristics: -

Web 3.0 is propelled by four new layers of technological innovation:
Your information is stored on your cryptocurrency notecase in web3. On web3, you'll interact with apps and communities through your wallet, and when you log off, you'll take your data with you. Since you are the owner of the data, you may theoretically choose whether to monetize it.
With our guiding principles established, we can start looking at how certain web3 development features are meant to accomplish these objectives.
There are services that help customers connect to their cryptocurrency wallets used for illegal behavior. However, your identity is concealed for daily use.
Although wallets increase the level of privacy for bitcoin transactions, privacy coins like Zcash and Monero give transactions total anonymity. Blockchains for privacy coins allow observers to track transactions, but they are unable to view the wallets involved.
Web3 will feature decentralized autonomous entities running apps (DAOs). As a result, decisions are no longer made by a centralized authority but rather by users who own governance tokens, which may be acquired by taking part in the maintenance of these decentralized programmes or by purchasing them.
In a typical corporation, the CEO is responsible for implementing changes approved by the shareholders. Token holders in a DAO can vote on modifications that, if approved, are immediately incorporated into the DAO's code via a smart contract. Everyone gets access to the source code of a DAO since they are democratized.
Due to its decentralized nature, which is made possible by distributed ledger technology and smart contracts, Web 3.0 is intended to produce sustainable results. It also lowers costs by doing away with middlemen, manual mediation, and arbitration.
For everybody, Web 3.0 offers a much more individualized surfing experience. Websites will be able to automatically adjust to our device, location, and any accessibility needs we may have, and web apps will become far more receptive to our usage patterns.
We believe that the emergence of Web 3.0 will improve our lives for the following three reasons, which we believe are fairly appropriate:
There is no denying the ease of being able to quickly click through to a particular offer for something you actually need or desire and that you would have missed otherwise, regardless of how intrusive those advertisements may occasionally feel.
As was already mentioned, using a search engine in natural language is highly effective. The benefits go far beyond the consumer as the learning curve virtually disappears, and businesses are increasingly able to optimize their websites for search engines in a more organic way as opposed to using complicated keyword techniques.
The multidimensional Web 3.0 will help more than just websites; it will also enable web apps to provide users with far richer experiences. Consider a mapping service like Google, which can now include route planning, lodging suggestions, and real-time traffic updates in addition to the fundamentals of location search. Simply put, in the Web 2.0 age, this was not feasible.
With blockchain at its core, Web 3.0 makes it possible for an expanding range of new apps and services, such as the following:

The world is on its way to an Internet where people have complete control over their data and privacy while also allowing companies to exploit it (or not). All of this will be made possible by blockchain technology.
As a result, web 3.0 will hasten the fair and transparent use of user data, ranging from personalized search results to cross-platform development tools and 3D graphics. The internet will become more immersive and engaging in the next years.
AI, semantic web, and omnipresent qualities may all be taken into consideration when designing Web 3.0. The rationale for AI stems from the need to give users faster access to more accurate data. An artificial intelligence (AI)-powered website ought to be able to sort through the data and present the information it thinks a particular visitor will find useful. Given that the results are websites that users have chosen, social bookmarking as a search engine can yield superior outcomes to Google. However, humans are also capable of manipulating these outcomes. In order to provide outcomes comparable to social media and social bookmarking but without negative feedback, AI could be used to differentiate the true results from the fakes. 
Virtual assistants, a component that is already becoming popular as an aspect integrated into a device or through third-party apps, will also be introduced by an artificially intelligent web.
The goal of the semantic web is to organize and store data in a way that can be used to teach a system what a given piece of information means. In order to create and distribute better content, a website should be able to comprehend the language in the same way humans comprehend. AI can process information into knowledge only if it comprehends the information. 
The Web 3.0 leverages AI, Machine Learning and blockchain technology. It is expected to achieve real-world communication. Individuals will own the data, and they will be compensated for the time they spend on the internet. This sounds futuristic, and the data and privacy of the users will increase with the blockchain technology. Thus if all goes well, Web 3.0 will be the future of the internet.
First, you need to buy an NFT domain name. Next, you can make a website. The thing to remember is that the website needs to be made in one of the three ways: -
The following are a few crucial aspects of Web 3.0 that help define what the third generation of the web is expected to be all about:
Web 3.0, sometimes known as Web 3, is the concept of the next generation of the web, in which most users will be connected via a decentralized network and have access to their own data. This article taught us about the technologies that are anticipated to advance and change in the upcoming years. Intelligent systems, semantic web, decentralization, metaverse, digital assets, and other emerging technologies will all be part of Web 3.0. 

Whether Web 3.0 will be successful or not needs to be seen. But one thing most analysts agree is that the demand for data security will be of prime importance. It follows that there would be a great need for security specialists and security-related systems. Also the demand for blockchain developers will increase. If you want to understand more about blockchain and master the architectural principles and services of today’s top Blockchain solutions, you should check out Simplilearn’s Blockchain Bootcamp in collaboration with the University of Minnesota.
If you have any questions or doubts, feel free to post them in the comments section below. Our team of experts will review and get back to you at the earliest.
Do you have any questions for us? Leave them in the comments section of this tutorial and our experts will get back to you on it at the earliest.
Happy learning!
Shyamli is a Senior Research Analyst at Simplilearn. She is proficient in Blockchain and Cryptocurrency, Cloud Computing, Android Development and other coding languages like C, C++ and Java.
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