Web 3.0 : Decentralized internet
The world wide web started with static text and images (Web 1.0). Then came interactivity and social media on Web 2.0. Now we are moving towards the third phase of the web, with immersive experiences in the metaverse and decentralized technologies like blockchain.
Connectivity & Ubiquity
When people think of the future of the internet, they imagine a fully connected and omnipresent network of devices where we can communicate with each other. The first steps of this are happening now with new gadgets like the cellular phone and more devices that can be connected to the internet. These devices are referred to as the Internet of Things. This will enable real-time global connectivity across multiple applications and a whole host of new services.
Another aspect of web 3.0 is pushing the data center to the edge of the network. This will reduce latency and bandwidth consumption by processing information closer to where it is generated. For example, this means processing data on a smartphone or an IoT device rather than in the cloud.
Decentralized Data Network
With web 3.0, users will own their own data on a decentralized data network. This will enable them to sell or share their data without relinquishing ownership or relying on intermediaries. They will also benefit from enhanced data security through encryption. In addition, because the network will be distributed over many different servers, there is no single point of failure if one server fails.