Computers will be able to understand information similarly to humans, through technologies based upon Semantic Web concepts and natural language processing.
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Machine learning algorithms can help to provide each user with a unique experience that is tailored to their needs
Get StartedWeb3.0 is the third iteration of the World Wide Web and advancement of web technologies. Web3.0 enables apps and websites to process data in a smart human-like manner with the help of technologies like Big Data, artificial intelligence, decentralized ledger technology, etc. Tim Berners-Lee, the inventor of the World Wide Web stated web3.0 as Semantic web and it was expected to be a more intelligent and autonomous open internet.
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Gavin wood, one of the co-founders of Ethereum cryptocurrency coined the term web3.0 in 2014. From there it became a catch-all term for the next (third) generation of the internet. Web 3.0 was referred to as a decentralized online infrastructure based on the blockchain.
Read MoreWeb3.0 is a newer decentralized version of the internet. Web 3.0 produces an internet where all the information we receive is more tailored to our requirements and preferences. The major technologies that are used in web3.0 are Blockchain, Internet of Things (IoT), and, Artificial intelligence & machine learning.
The main advantages of blockchain technology arise from its transparency, security, decentralized, and immutability features. Web3.0 evolved with the aim to serve its customers with advanced data security and transparency features on the network. Hence block Chain is considered the cornerstone of web3.0.Web 3.0 leverages blockchain technology to redefine the way how data is stored and managed over the internet. It produces a universal layer that runs on top of the internet allowing the end-user to have complete control or ownership over their data.
Read MoreArtificial intelligence and machine learning are other key components of web3.0. It combine semantic capabilities and natural language processing so that computers can process and handle data in a human-like manner. It uses machine language a part of Artificial intelligence to imitate how humans deal with data and process it. This results in faster and more relevant information retrieval thus satisfying the needs of users much better.
Web 3.0 is also stated as the democratization of the internet. It allows users to have control over their data. IoT will work on the interactivity layer of web3.0, it promotes the connection of smart devices to the internet. It removes the obstacle between the physical and virtual worlds. Hence devices connected through IoT share data with each other that will be used for analysis.
Web3.0 has the capability to take in large-scale information and convert it into useful and factual knowledge for the user’s execution. Some companies like Amazon, Google, and Apple have already transformed their products into internet 3.0 applications. The two most popular applications that utilize web 3.0 technologies are Siri and Wolfram Alpha.
Apple’s Siri is one of the popular applications of the semantic internet. It leverages voice recognition software which is the key element of web 3.0. This application of 3.0 provides relevant, better, and more accurate results when anyone asks a question.
Wolfram Alpha is a computational knowledge engine and it is one of the top web3.0 it collects required databases from the web and provides it to the user through an elegant user interface.
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