Third-generation Internet promises to decentralize content regulation, enable new AI processes, welcome the metaverse, and accept digital currencies as its primary payment method. Internet veterans may be familiar with web3 development company. It refers to the future generation of the internet, which promotes decentralized protocols and reduces our reliance on YouTube, Netflix, and Amazon. What is it, and how does it change how we use the internet and apps?
Web 3.0
To understand why and how technological advances affect (web) apps, we must start with the basics. Web 3.0 is…? From where?
Web 3.0 combines machine learning, AI, and blockchain for real-time human communication. Web 3.0 will let people own and control their data and get paid for online time.
Web3 is based on an idea rather than facts because it hasn’t been deployed yet. To stay ahead of the competition, be ready for what’s next.
A Bit of History
Web 3’s chances depend on what came before it. Web 1 consists of links and homepages. The late 1990s. Websites weren’t interactive. You couldn’t do anything besides reading and publishing basic material. Web 1.0 technologies included:
- CSS (HyperText Markup Language)
- URL HTTP (Uniform Resource Locator)
Then came Web 2. This form of the internet is called “read/write” because you can open and alter files, not simply see them. People might make content and post it on Tumblr, Reddit, forums, and Craigslist. Later, Facebook, Twitter, and Instagram boosted content creation and sharing.
Three innovation levels comprised Web 2.
- Social media
- Cloud-computing
- Smartphones
Despite Web 2’s free and on-demand services, many consumers are unhappy with the “walled gardens” created by IT companies. People demand more control over their data and content. Here comes Web 3.
Web 3 is the “read/write/own” Internet era. Instead of using free digital platforms like Facebook and Instagram in exchange for personal data, users can regulate internet protocols directly. This means users are becoming participants and stockholders.
Ownership’s value
Advanced technologies like cryptocurrency and (non-fungible) tokens will lead web3 development company because they reflect ownership in decentralized blockchain networks. Think of the latest boom of NFTs, or non-fungible tokens, which changes the ownership of money, like cryptocurrencies, to digital assets like artworks, memes, and tweets.
Web 3 spreads cooperative governance systems for centralized products. Tokenization includes jokes, art, social media posts, and event tickets. Gaming is a paradigm shift example. Gamers frequently complain about game glitches and bugs. Web 3 lets players invest in and vote on the game. Developers and players work together. Meta and Ubisoft employ Web 3 to construct virtual worlds like Facebook’s Metaverse. Non-fungible tokens (NFT) will alter the gaming industry by allowing gamers to possess immutable in-game objects.
Web 3.0 characteristics
Web 3.0 will transform how we engage with the internet and web apps.
Open-source
Web 3.0 is open because most of its assets are generated using open-source software by a public community of developers. Transparency creates a trustworthy digital ecosystem.
Decentralized
Without an intermediary, users can engage openly and privately. Their acts are decentralized, giving them more control over their data.
Permissionless
web3 development company allows users and suppliers to engage equally without centralized approval.
Accessibility
Web 3.0 gives us any time, everywhere Internet access. Future web-connected devices won’t be limited to PCs and cellphones like in Web 2.0. The Internet of Things will facilitate the development of smart gadgets (IoT).
Web 3.0 function
Web 3.0 aims to make Internet searches faster, easier, and more efficient, so even complex phrases may be handled rapidly.
A user interacts with a web 2.0 application’s frontend, which connects with the backend and database. Code is kept on centralized servers and distributed via a web browser.
Web 3.0 lacks centralized databases and a web server for backend processing.
Decentralized Web 3.0 apps
Web 3.0 promises decentralized apps (DApps). A decentralized app is comparable to a smartphone or laptop software, except it employs blockchain technology to keep users’ data private. Decentralized apps are like cryptocurrencies.
The blockchain keeps data copies on a large number of “nodes” Users, not DApp makers, own these computers. DApps can provide social networks, gaming, entertainment, and productivity solutions. Many help clients access decentralized financial services or DeFi.
Web vs. dApp
Frontend and backend determine typical web apps’ usability. Web apps run on centralized web servers, not the device’s OS. Decentralized apps and web apps use the same frontend rendering technology. dApps interface with their blockchain networks via a wallet on the backend.
Wallets store your blockchain address and cryptographic identification keys. DApp wallets use smart contracts to communicate with the blockchain and execute transactions. A well-designed decentralized program may look like a web app, but it lacks servers, HTTP interactions, and censorship.
Web 3.0 advantages
Web 3.0 has advantages over Web 2.0 and present Internet usage. It will make the web smarter, safer, and more transparent, improving surfing and human-machine interaction.
Cybersecurity
End-users will benefit most from robust data encryptions that prevent Google and Apple from using your personal information without your consent. So, consumers can govern and protect their data.
Continuity
Decentralized data storage lets users access data anywhere. They’ll receive many backups, allowing them to access their data if the server fails. No organization or government agency can stop services or websites. Account suspension and service denial will be less likely.
Objectivity
End-users can follow their data and inspect the platform’s code on any blockchain. Most blockchain systems are built by non-profit groups, thus they provide an open-source blockchain platform without an emphasis on profit.
Accessibility
Any place and the device can access data. Allowing smartphones and other linked devices to access data expands data collecting and accessibility worldwide. Web 3.0 allows frictionless payments, richer information flows, and secure data transfers.
Anyone can write applications or use the blockchain network. The 3.0 network doesn’t discriminate based on gender, income, location, or background.
All services profiled
Users no longer require numerous profiles. Without users’ permission, no company can access or verify their data. Users can share and sell their profiles to advertisers and brands.
Help?
Web 3.0 has a lot of potentials, and soon our Internet interactions will be more independent. Want to learn more about Web 3.0 or have your own app made using the newest technology and trends? Fill out our form for a free digital consultation.