Expanding the web and the constant improvement of the infrastructure of the web is crucial to make the web more accessible to users which will enable digital transformation. At first, Web1 offered us static websites and web pages that were text-based to give information to users . Web 1.0 was not focused on input by users. Thus, the web version is referred to for its “read-only” web.
In the second iteration of the internet web 2.0 was developed that is the current version that is part of the internet (internet infrastructure) that we are currently using. It is flexible, simple to use and integrates with different services and systems as well as software products. Web 2.0 includes a web version made up of web-based as well as social apps for media.
We are now getting ready for the next version of web3 – the decentralized web infrastructure that has led to a change in the online world. However, the idea behind web3 is undefined to many. Additionally, companies have begun to look into the actual applications of web3 to fully utilize its potential to transform business.
What is Web3?
Web3 is Web3 is the “next-iteration” of the internetthat is the evolution of the web 1 (HTML-based static websites) and web 2 (dynamic user-generated web). Web3 is still a developing concept, with many changes in progress on its future. People are frequently confused when they are trying to distinguish between web3 and 3.0. So, let’s look at the two concepts.
Web 3.0 The semantic web
Web 3.0 is semantic webs. The term “semantic” defines a study of a unique language and logic. Tim Berners, the world web’s inventor, invented the concept of the web 3.0 being the web that could read and processing data with no human intervention.
Web3-The decentralized web
The co-founder of Ethereum, Gavin Wood, coined the idea to end from the weight of a centralized web in which tech giants such as Facebook, Twitter and Google are able to gather and use information of users. Web3 can be powered with technology and concepts like self-sovereign identity, blockchain and a decentralized system for storage, changing the conventional notion of data ownership , and giving authority to users.
Architecture of Web3
Web3 is a serverless internet design, also known as a decentralized internet, which is designed to give access to data as well as management access rights for users instead of any central entity.
Read More: https://www.leewayhertz.com/web3-use-cases-and-applications/