IT does not stand still and is constantly evolving. The World Wide Web we saw in the late 1990s is fundamentally different from what we use today, and this difference is striking. Today, humanity is on the verge of a new transition from Web 2.0 to Web 3.0, so it makes sense to talk about how this can change the Internet shortly and what advantages this technology has.

Definition

Many who first encountered this definition are wondering what is Web 3.0. The third version of the Internet is built with AI, machine learning, and blockchain — the most demanded and rapidly developing technologies.

The new version is supposed to allow you to interact with your computer and websites just like you would with real people.

In addition, it will make your data more secure. The tech giants are making a lot of money from your data, but with Web3–0, that could change. This technology will allow users to sell their data to advertisers while retaining ownership.

The main principles on which it works

At first glance, new technologies seem pretty complicated to understand, but if you look, they are based on pretty simple principles. Web 3.0 technologies have several fundamental differences:

• Honesty and openness. It means that the software is open source and made in front of the public. It allows you to avoid the hidden use of your data, and you will not be able to catch a virus or become an object of underground mining.
• Decentralization. Where previously government agencies or various large corporations could influence the Internet, now it can function in a completely decentralized manner.
• Uses AI and machine learning. It allows you to understand user requests better. It is assumed that computers will learn to perceive requests as real people do.
• Perfect graphics. The new generation can use 3D graphics and VR, which is helpful if you need more information about real places or products.

In addition, all data will be stored in blockchain technology, allowing more extensive use of crypto assets, increasing security, and making information more confidential.

This technology allows you to make a reasonably big step into the future, where computers and smartphones will learn to understand a modern person’s needs better while providing a higher level of security and privacy.

How the Internet has changed from its inception to the present day

To understand how this technology is changing the World Wide Web, it’s worth discussing the first two versions and comparing them.

Web 1 started at the end of the 20th century when the Internet was created. This version was widely used until 2005. In essence, it was a read-only network where users could only find and read the necessary information on the site.

Gradually, Internet technologies developed, and there was a transition to Web 2.0. Then it was a real breakthrough, as users could read and write content independently. For the first time, this technology was discussed back in 1999. This technology is familiar to most of us because it makes using social networks, blogs, and other services possible.

Another impetus in the development of web 2.0 was the emergence of smartphones. It allowed Internet technologies to collect our data faster (about location, shopping habits, financial activities, and other aspects).

Around 2012, experts began to talk about the fact that web 2 became obsolete gradually, and there was talk about the need to develop something new where people could read and write content and interact with it.

The latest version is a return to the original concept of the Berners-Lee, in which no central authority approval is required, and no central controlling node is required. The fact is that many large corporations, such as Facebook or Amazon, have a conflict of interest between the needs of users and the opportunity to get additional profit.

The second version was based on adopting mobile, social, and cloud technologies, but the latest version is based on other innovative technologies, such as AI and decentralization. The blockchain is the basis of new technology because it redistributes the data structure on the server side of the semantic web. It also involves the use of smart contracts.

What changes are we already seeing today?

After analyzing the above, we conclude that this technology can improve the Internet. It makes it more open and decentralized. Now various large organizations and government bodies cannot influence the development of the Internet and access your data if you do not want it.

Besides, it makes the Internet more accessible for users to use. Through artificial intelligence and machine learning, computer technology will be faster and easier to guess user needs, helping users access the data and services they need.

It allows using innovative technologies such as 3D graphics and VR, which helps businesses better visualize the products and services they provide and attract more users.

In fact, this gives impetus to the development of many industries, including computer games. By connecting to the blockchain, they can create new metaverses and actively use cryptocurrencies and NFTs.

Some examples

This technology has a relatively large scope; today, we want to talk only about the most interesting ones.

• Planetex is a decentralized ecosystem. This world’s first largest ecosystem unites users in a wide range of products — tokens and NFTs, a social network, a DeFi application, a P2E game, and a metaverse. Today this project is in development, but it has already taken several necessary steps to realize this global idea.
• Sapien is an example of the latest version of a social news platform whose primary goal is to give users back control over their data and privacy.
• IDEX is a well-known decentralized exchange for the sale of crypto assets. Any user who has an Ethereum wallet can trade here.

Practice shows that new technologies can find their application in absolutely all industries.

In the end

Although many Web 3.0 platforms successfully operate and compete in the market today, we have yet to say that this transition to a new Internet model has occurred. However, many experts and corporations have already appreciated this technology’s benefits, which gives hope that more companies will start using this technology, which means that the Internet will become more secure, helpful, and open.