What is Web 3.0 ?

As far as the name is concerned, Web 3.0 is the latest generation of internet services for websites and applications. It's also known as the Semantic Web. Semantic Web refers to W3C's vision of Web of linked data.

So what is Web 3.0?

First, let's make it clear, what is Web 1.0, Web 2.0, and Web 3.0,

Let's understand it with a simple example, so, you, the reader, are reading a blog on the website, and what you can do is only read it, you can't comment, like, you can't do anything with the website. It just displays the specific information, etc.

This was Web 1.0, the first stage of the World Wide Web evolution. It lasted from around 1989-to 2005, also known as "Read-Only Websites" or "Web of information connections", as said by the innovator of Web 1.0,

Here's an example of the Web 1.0 ⇒ link.

In the above example, the user can just see the website and read and go, we don't know whether the user will be back or not. This was how Web 1.0 used to work.

Let's proceed, let's switch to different websites, i.e. Blogger, here, where you can make your blogs, read them, preview them, add images, also you can comment in the blog, in order to give some reviews and suggestions to the blogger, etc.

This is what Web 2.0 is, Web 2.0 are in the market since, 2002, when Netscape and others, started using it. It was also termed as "Web as a Platform", because, it was for the first time that, applications built on the Web. Earlier, it was used to be just desktop applications, etc.

So, Andrew McAfee, referred to an acronym as SLATES for the features of Web 2.0 websites, let's take a look at them,

1. Search: Finding information through keyword search
2. Links to other websites: Connect information sources together using the model of the Web.
3. Authoring: The ability to create and update content leads to the collaborative work of many authors. Wiki users may extend, undo, redo and edit each other's work. Comment systems allow readers to contribute their viewpoints.
4. Tags: Categorization of content by users adding "tags" — short, usually one-word or two-word descriptions — to facilitate searching. For example, a user can tag a metal song as "death metal". Collections of tags created by many users within a single system may be referred to as "folksonomies" (i.e., folk taxonomies).
5. Extensions: Software that makes the Web an application platform as well as a document server. Examples include Adobe Reader, Adobe Flash, etc.
6. Signals: The use of syndication technology, such as RSS feeds to notify users of content changes.

So, if we say in terms of Information Technology, Web 2.0 mostly focused on the enhancement of the frontend of the website, which made the user experience more stylish and appealing to the eyes.

So, these were the two stages of WWW, now let's talk about Web 3.0,

Web 3.0, also called Semantic Web, because it enables computers to manipulate information on our behalf. With the help of Artificial Intelligence and Web 3.0, content creation will be at its peak, as content will be of high level and it'll reach correct users out there.

Some of the features of Web 3.0:

1. Semantic Web

   The next evolution of the Web involves the Semantic Web. The semantic web improves web technologies in order to generate, share and connect content through search and analysis based on the ability to understand the meaning of words, rather than on keywords or numbers. It'll help the machines to develop their own logic because of AI.

2. Artificial Intelligence

   Combining this capability with natural language processing, in Web 3.0, computers can understand information like humans in order to provide faster and more relevant results. They'll become more and more powerful, by developing logic with the user and automating the content creation

3. 3D graphics and SVGs

   three-dimensional design is being used extensively in websites and services in Web 3.0. Museum guides, computer games, eCommerce, geospatial contexts, etc. are all examples that use 3D graphics.

4. Connectivity

   With Web 3.0, information is more connected thanks to semantic metadata. As a result, the user experience evolves to another level of connectivity that leverages all the available information.

5. Ubiquity Content is accessible by multiple applications, every device is connected to the web, the services can be used everywhere.

Applications of Web 3.0:

Companies like Apple, Amazon, and Google are massive moving to the new technology along with their products, because, this will help them to secure the user information and turn this info into factual knowledge for machines, in order to execute it.

Apple has started implementing Web 3.0 in Siri, Wolfram Alpha, started using Web 3.0 in their 'computational knowledge systems'.

Conclusion:

So, we've seen, what Web 3.0 is, now just think, it is in its early stage and hasn't yet covered all the internet and when it'll be covering the internet, it'll be just awesome and massive as well. Every single day, a new cryptocurrency comes up, so start grabbing this opportunity, start learning and understanding about the Crypto Culture, how to get into those companies, coz they'll be growing massively in coming years, how to use smart contracts and Ethereum, etc.

References I used:

1. CoinMarketCap
2. Expert.ai