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WEB 3.0 & BLOCKCHAIN

I WILL EXPLAIN ABOUT WEB EVOLVING AND BLOCKCHAIN WITH REAL TIME USAGE

HIMANSHU YADAV

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WEB 1.0

refers to the first stage of the World Wide Web

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1991-2004

It was mostly just one big website including hyperlinks to different sites

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Read only web

There were zero interactions.

<!DOCTYPE html>

<html>

<head>

<title> HTML Forms</title>

</head>

<body>

<form>

First name: <input type="text" name="first_name" />

<br>

Last name: <input type="text" name="last_name" />

</form>

</body>

</html>

HTML 3.2 code to display first and last name in the browser

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There was no

Comments

Authentication

Analytics

It was just a one –way communication tool.

Analytics gives you the tools you need to better understand your customers

Authentication is the process of validating the identity of a registered user or process before enabling access to protected networks and systems

A piece of text placed within a program to help other users to understand it, which the computer ignores when running the program.

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one-way communication

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WEB 2.0

Interactions & collaboration in a social media dialogue

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Web 2.0’s

Interactivity

Social Connectivity

User-generated content

The ability of a computer to respond to a user's input

Social connections are the relationships you have with the people around you.

User-generated content is original, brand-specific content created by customers and published on social media or other channels.

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Lack of privacy

Issues with Web2

Total control in the hands of the middlemen (centralized companies)

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Two-way communication

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WEB 3.0

Web 3.0 is also known as the decentralized web

It’s the third and latest phase of the internet

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HOW DOES WEB3.0 WORKS?

Web3 is the third generation of the internet, which connects data in a decentralized way to improve speed and user experience. It is powered by technologies such as Al, machine learning, and the Internet of Things, and relies on a decentralized and secure blockchain infrastructure.

Web3 is open, autonomous, and intelligent, and uses cryptocurrency and tokens as incentives for the development and governance of web3 projects. Web3 protocols offer a range of services including computation, bandwidth, hosting, storage, and identification.

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Web 3.0 is build on peer to peer networks of computers that talk to each other without middlemen.

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In decentralized web no single person or an company owns any data or information about any one or anything.

Everything is visible and connected to the public

Data is shared rather than owned.

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Why exactly is web3.0 is better?

whereas a decentralized internet relies on a peer to peer network build by a community of users their interconnected devices host the internet rather than depending on a group of centralized high-powered users.

Centralized internet relies on servers that can go down any time or there can be hacked.

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LAYERS IN ARCHITECTURE OF WEB 3.0 EDGE COMPUTING�DECENTRALIZED

Edge Computing

Decentralized Networks

Al and ML

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EDGE COMPUTING

Web2 introduced edge computing, which adapted commercial personal computer technology for use in data centers.

However, web 3.0 is shifting data centers to the edge, giving users more control.

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DECENTRALIZED NETWORKS

Web3 is characterized by decentralized networks, which allow users to trade or exchange data without intermediaries, loss of ownership, or compromising privacy.

Web3 places a strong emphasis on "decentralized data," giving control back to the consumer.

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AI AND ML

Web3 technologies, such as artificial intelligence and machine learning, can provide proactive, relevant, and useful predictions and decisions.

These advancements in Al and ML enhance the usability of web3 beyond targeted marketing.

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TECHNOLOGY BEHIND WEB3 APPLICATIONS

Semantic

3D Graphics

Connectivity

Blockchain

Artificial Intelligence

Tokenization and NFTs

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SEMANTIC

Web3's semantic web technology allows machines to understand and interpret the meaning and context of data on the internet.

This is achieved through the use of metadata, which helps machines efficiently access and interpret data from the web.

The use of semantic web technology in web3 helps improve the accuracy and relevance of machine-generated responses and decisions.

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3D GRAPHICS

Web 3.0 is expected to bring virtual reality (VR) and augmented reality (AR) to the forefront, allowing users to access the internet through immersive 3D digital worlds or "metaverse" projects.

This could revolutionize the way we interact with the internet and shape the future of web 3.0.

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CONNECTIVITY

Web3 will allow users to access the internet through various devices, including Internet of Things (IoT) devices, which will allow for more widespread and convenient connectivity.

This will allow users to access content and connect to the internet at any time and from any location, without the need for a traditional computer or smartphone. The increasing prevalence of lot devices will play a significant role in shaping the future of the internet and the way we access it.

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BLOCKCHAIN

Web3 technology is powered by blockchain, which offers a secure and decentralized infrastructure for transactions, and cryptocurrency, which incentivizes individuals involved in the development, governance, and improvement of web3 projects.

Web3 also includes immersive experiences through virtual and augmented reality platforms and the concept of the metaverse, as well as the ability for internet access through the proliferation of internet of things devices.

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ARTIFICIAL INTELLIGENCE

Web3 technology includes the use of artificial intelligence (AI) to enable machines to behave intelligently and act as semi-autonomous agents.

Al can improve user experience by providing faster and more accurate results and blending semantic features with natural language processing. Machines can interact with users like humans using Al in web3 technology

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TOKENIZATION AND NFTS

Web3 technology, specifically blockchain, can allow content creators and artists to monetize their work through the use of tokenization.

Non-fungible tokens (NFTs) are a prime example of this, showing the potential for web3 to transform the way creative content is valued and traded.