Defining The Existence of Web 3.0 in a Nutshell

Do you guys know that our Web 2.0 has been evolving to Web 3.0? It’s important to know what might happen with the evolution of web. For now, Web 3.0 is still evolving and being defined.

To move further, let’s talk about Web 3.0!

1. What is Web 3.0?

2. Web 3.0’s Main Features

3. Web 3.0 Elements

4. Web 3.0 Intention


1. What is Web 3.0?

Web 3.0 integrate the features of both Web 1.0 and Web 2.0, but it also takes advantage of the latest technologies such as 3D graphics, AR/ VR, and blockchain. Because of this, there are a lot of unknowns about what Web 3.0 will ultimately look like.

 

2. Web 3.0’s Main Features

There are many features for web 3.0 but here are the mains: 

a. Semantic Web

The Semantic Web is a mesh of data that are associated in such a way that they can easily be processed by machines instead of human operators.

b. Artificial intelligence

Artificial Intelligence is the simulation of human intelligence processes by machines, especially computer systems

c. 3D Graphics

A 3D computer graphic is an image that uses computer software to create objects in virtual three-dimensional (3D) space.

 

3. Web 3.0 Elements

As Web 3.0 continues to evolve and be defined, its focus is on decentralization, permissionless, and security. This will likely continue to be the foundation for what’s next.

a. Decentralization

For many years, decentralization was one of the most elusive concepts in the technological world. Utilizing decentralization could expose a system to new risks and result in a rise in resource needs.

b. Permissionless

Anybody with an internet connection can join the blockchain network anonymously and use permissionless blockchain technology to carry out transactions and store data on the blockchain.

c. Secure

As we know, blockchain is the foundation of Web 3.0. So security experts need to develop a method to close security loopholes and prevent data leaking. A digital asset will be nearly impossible to recover if an attacker is able to steal it. Indeed, it is challenging to trace transaction flows in a decentralized network.

 

4. Web 3.0’s Intention

While the topic of digital ownership has been a complicated one, Web 3.0 could completely change it with blockchain technology non-fungible tokens (NFTs).

Did you know NFTs can also be used to validate actual objects and data stored? When the consumer purchase NFTs, their information are recorded on blockchain and they may freely sell, exchange, or trade it. All transactions and transfers are transparent and traceable. If actual ownership is defined by proof and transferability, then NFTs hold the key to enabling people to truly own digital assets online.

 

Web 3.0 is still being developed, so its potential cannot be fully determined. It is highly recommended to keep an eye on new developments within the Web 3.0 ecosystem and also how it will revolutionize the gaming industry!


If you are curious to know more about Web 3.0, come and join ADAPT!

ADAPT 2022 has a strong system in place to help you understand the influence of Metaverse and Digital Assets on a variety of business sectors. Let’s try to understand and comprehend these developing technologies with our professional speakers who have extensive knowledge in the industry.

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