What Revolution Can We Expect From Web 3.0?

By Author: R. Pande
Total Articles: 449
Comment this article

Web 3.0 creates a way for websites and applications to process information with an intelligent, human-centric approach. The digital ecosystem is ready for the advancement of Web 2.0, which is built on three major layers of innovation called mobile, social and cloud.

Web 3.0 is the technology that relies heavily on the use of machine learning and artificial intelligence. Their goal is to create more open, connected and intelligent websites and web applications that focus on leveraging machine-based data insights.

With the advent of NFT and the Metaverse, the term Web 3.0 began to gain traction. However, it was first developed in 2014 by Gavin Wood, the co-founder of Ethereum. Web 3.0 is known for its potential to transform the Internet experience by directly interacting with users, devices and systems in smart vehicles, homes and workplaces.

In Web 2.0, applications run on a single server, while in Web 3.0, the application uses decentralized networks of many peer-to-peer (P2P) servers known as blockchains that maintain a public ledger for each server transaction.

The use of blockchain will decentralize ...
... the data storage process and increase trust in the virtual world. Web 3.0 doesn't stop there as it thrives on the crucial foundations of artificial intelligence (AI) and the Internet of Things (IoT). Using AI, online data is decoded and filtered to provide users with the most relevant options. The IoT will help the Web 3.0 interoperability layer to connect our smart devices to the internet.

The main goal behind the creation of Web 3.0 is to provide a better and more relevant internet experience by constantly interpreting users' digital footprints. It is safer and easier to integrate online wallets with decentralized applications (DApps) that allow anonymous and secure payments without having to reveal personal information.

Ambit Technologies (P) Ltd. is a front-line full spectrum web and mobile development company providing result-oriented cost-effective solutions to enterprises - big, medium and small - spread across the world. It is also a reputed IT outsourcing solution provider having catered to customers spread across 78 countries of the world. Ambit Technologies (P) Ltd. strives to keep abreast of the latest of technologies and bring in innovative ideas constantly in the projects it undertakes.