Web 3.0 is the latest version of world wide web as of this date.
Just like iPhone where we already have iPhone13, then iPhone13Pro and iPhone 13ProMax with iPhone14 coming very soon as they say, we also have Samsung S21, S21Plus,and S21Ultra, then S22 will be next.
www .com is no different.
It was the beginning of the Internet so they say.
It is considered as static web sites.
The concentration is more on providing information and beautiful designs on sites.
It was the surfing days not long ago, where users just surf and surf all day, we can not react, we can not like nor can we comment with the site they are just for surfing and reading most of the time.
News and information, current events were commonly published on these sites.
Emails was then introduced and was the most used form of communication then.
Then comes the development of protocols.
It started initially as the Hypertext Transfer Protocol or the File Transfer Protocol at some point it was an http:// then comes https:// or the Web 2.0
Web 2.0 or the second generation of world wide web is already an improvement and the development of a new form of websites.
Websites became more interactive and social websites became very popular.
Users can participate by liking or disliking, commenting and sharing.
They can also post their own pictures, stories and whatever they feel.
Although they have to abide by the terms and conditions of the site they are joining and participating with. Which, mostly every users click agree without reading because it is very long.
It also becomes more and more accessible to everyone, where you can post or share from one site to another, there is interoperability and compatibility of most sites.
Businesses started to have websites.
Algorithm plays an important role in web 2.0 this is the reason why users get to see the content they want and why search engines find relevant websites for them.
Algorithm is widely used by Google and Facebook, they use it to power and promote advertisements.
Using the power of web 2.0, businesses started to promote, interact, sell and consummate the transactions on the same website.
We also started the broad usage of smartphones, tablets, wearable technologies and other connected computing devices in everyday life to provide advanced information accessing capabilities.
Businesses started to grow exponentially. Most of the founder of these social media became Billionaires.
Billionaire became a common word and Trillions started to appear.
Web 3.0 is considered the third generation of the World Wide Web, which can be attributed to the growing ecosystem of devices, services and applications that are connected through the blockchain technology, that includes Artificial Intelligence to power those decentralized systems.
We should understand that these new terms comes with Web 3.0
Blockchain and artificial intelligence (AI) are the two most significant technologies of our time which are incorporated to Web 3.0. Automation will be an ongoing development of technology to make various task more efficient.
And we have not yet mentioned Cryptocurrency, DeFi and NFT. Proof of Work and Proof of Stake are also terms worth mentioning. We also include the terms Metaverse, Virtual Reality, Augment Reality and Extended Reality, which are coming sooner than later.
We also come to know that blockchain can be considered a decentralized system such as the financial transactions done with (DeFi) and storing of information on a global ledger (or database).
Information stored on the blockchain is accessible to anyone with an internet connection. Once information is added to this record - there's no way to erase or modify it without doing so from every single computer that has a copy of the chain.
Automation will play a great part of Web 3.0 and Artificial Intelligence or AI will be at the driving force.
The development is an on going process such as those being done in various dApp projects, applications and now Metaverse.
Web 3.0 will be run by various cryptocurrencies.
The success of these Web3.0 sites may depend on the usefulness and value it will give to users and developers. Like the DeFi which developed and created by various entities with different set of staking, and use cases. Then there was the NFT that grows almost at the same phase with DeFi and considered part of its growing ecosystem.
Web 3.0 will very well transform businesses and change society as we know it.
Web 3.0 is said to empower Creators, Writers, Photographers, Artists, Musicians such as composers, singers, dancers, and the new workers of our present generation. The gamers, the players, the developers, the viewers, the commentators, the likers, the sharers, the keyboard warriors, and everybody involved will be given a portion or percentage of the profit provided they do some basic tasks.
With AI advancing at a rapid phase, where it is already coming to a point where it's providing solutions to complex problems, and making predictions with good results. Together with the speed of development of these technologies we are experiencing, Before we know it Web 4.0 is already coming.
Greetings to all my friends out there.
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