Web3, 3.0, or the Semantic Web is an expression used to describe the evolutionary use and interactions of users on the internet. It includes elements such as the transformation of the web from a database-driven model to a social movement aimed at creating content accessible through multiple applications without a browser, the evolution of technologies, artificial intelligence, and more.
Currently, the most accurate description is that Web3 is about the decentralization of the internet. All of this is driven by the evolution of cryptocurrencies, NFTs, decentralized finance, and the well-known blockchain. And it is speculated that this decentralization will target the major technology companies: Google, Facebook, Amazon, etc., which possess a vast amount of user information and data.
But why has it been defined as decentralized? The proposal aims to solve some problems, such as information being distributed across only a few servers worldwide. This update intends to connect a souped-up P2P network to unleash blockchain technology, which can be public, private, or hybrid. Currently, existing developments are taking place on the Ethereum network.
This latest technology aims to provide users with a more personalized experience, without the need to hand over personal information and private data in exchange for a product or service.
It\'s worth noting that the evolution of this revolutionary internet follows a timeline. This began with Web 1.0, the familiar version where users could interact on the web, for example, by purchasing products and exchanging information between companies and customers through websites. Regarding the evolution to Web 2.0, which we could say we\'re already partially on, as it deals with the applications we use on our mobile phones. Meanwhile, Web 3.0 would build upon these and become the gateway to a world where everything operates with virtual currency like Ethereum, Market, and Ocean.
Web 3.0 still has a long way to go before achieving widespread or global implementation, as it requires the creation of more companies, empirical testing of user experience in new projects, and evolution to their ultimate scalability.
Web 3.0
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