To what extent could Web 3.0 change the Internet?

People have been talking about Web 3.0, which is a third version of the internet that could do a lot of cool things, but the most popular one is that it could give people more control over what people see on the internet. 

Since society’s needs are ever-changing, the internet landscape is likewise evolving at a rapid pace to keep pace with the times. Knowing what’s coming next for the internet and staying updated and educated on it will help you avoid some of the shock that will be caused by the changes that web 3.0 will bring — should it ever become a reality.

If you look at the name, you’ll see that there have been two different types of internet computing. Over time, new internet services have been added that open up new digital doors. 

During Web 1.0, the first phase of the world wide web, people could see information. It was very limited, hard to move around, and didn’t have many ways to make money from content. Thanks to Google, Web 2.0 made it easier to find information on websites, let information flow freely between site owners and users, and made it easier for people to make their own content. Internet issues that the current generation is pointing out are prompting many individuals to urge for a new web.

Web 3.0 is now being pushed, and the reason is that content providers are upset that a few large corporations dominate most of the websites and they desire a method to regain control of their content. Twitter, Facebook, and other significant social media companies reap the benefits of content generation in their newsfeeds. There are people who think the web should be redesigned to be built on the blockchain, which could make content creators the owners of their work and let them make money from it. Instead of a company getting royalties from content, web 3.0 would give each content creator a token on the blockchain every time a user accessed their content, which would be worth money.

Despite the massive amount of buzz surrounding cryptocurrency and the fact that many investors have become wealthy as a result of it, it is impossible to predict when the blockchain will become fully integrated into technology. Adoption across industries is taking longer than expected since regulators are still working out the best method to oversee the blockchain. People who make content on the web 3.0 may have to wait a long time to get blockchain tokens. Nevertheless, this does not rule out the possibility of web 3.0 incorporating an alternative mechanism of content decentralisation.

Web 3.0 is supposed to have other important features, like putting AI into the internet processing so that it works the same way humans do when they look at information. It’s possible that Web 3.0 could be able to quickly check information and serve it up to people faster. There are a lot of big tech companies like Microsoft, Apple, Facebook, and Google that are promoting a new “metaverse.” The new internet version may also work well with this new metaverse. 3D website designs could be possible in Web 3.0. IoT devices could also be part of Web 3.0’s outside.

Despite the fact that computer evangelists are yelling about web 3.0 from every corner of the internet, some critics believe the planned next internet version is nothing more than “planned obsolescence.” 

There is currently no real proof to support anything about web 3.0 because there is no beta in the works, simply a slew of brainstorming and investments being made to get a web 3.0 project off the ground. 

When web 1.0 came out, there were people who thought the internet was a waste of time and money. There are still many reasons to be optimistic that the world will one day transform into a content utopia in which consumers are appropriately compensated.