Expanding the web and continuous improvement of the infrastructure of the web is crucial in order to make internet technologies more accessible to users and enabling digital transformation. At first, Web1 offered us static websites as well as text-based websites to give information to users . Web 1.0 did not focus on input by users. This web version is referred to for its “read-only” web.
The next generation of the internet web 2.0 was developed and is the current version of web (internet infrastructure) that we are currently using. It is accessible, user-friendly and integrates with other services as well as systems and software products. Web 2.0 is a web-based version that consists of web-based as well as social multimedia applications.
We are now getting ready for the next version of the internet-web3 Web3 is the decentralized internet infrastructure that has brought about an era of change in the online world. But, the concept behind web3 remains not well understood by many. Businesses have also begun to research the real-world uses of web3 in order to fully utilize its potential to transform business.
What is Web3?
Web3 is Web3 is the “next-iteration” of the internetand is the evolution of web 1 (HTML-based static websites) and web 2 (dynamic user-generated web). Web3 is still a developing concept, with many changes taking place on the future. People are frequently confused when they are trying to distinguish between web3 and 3.0. So, let’s look at the two terms.
Web 3.0 The semantic web
Web 3.0 is a semantic web. The term “semantic” defines a study of unique logic and language. Tim Berners, the world web’s creator, came up with the concept that web 3.0 as an web that could read and processing data with no human intervention.
Web3 -The decentralized web
The co-founder of Ethereum, Gavin Wood, coined the idea to end an era of centralization of the web, where tech giants such as Facebook, Twitter and Google are able to access and collect information of users. Web3 relies on technology and concepts like blockchain, self-sovereign identities, and decentralized storage systems, altering the notion of ownership of data and giving the power to users.
Architecture of Web3
Web3 is a serverless web design, also known as a decentralized internet, which is designed to give access to data as well as management access rights for users instead of any central entity.
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