Expanding the web and continuous improvement of its infrastructure is vital in order to make internet technologies easier for users to access which will enable digital transformation. In the beginning, Web1 offered us static websites and web pages that were text-based that provided information to users . Web 1.0 did not focus on input from users. This web-based version is commonly referred to by its name as the “read-only” web.

The next version of the internet web 2.0 was invented and is the current version that is part of the internet (internet infrastructure) that we are currently using. It’s accessible, user-friendly and integrates with different services such as systems, software and products. Web 2.0 is a web-based version that consists of both web as well as social multimedia applications.

Today, we are looking forward to the next evolution of the internet-web3, the decentralized web infrastructure which has brought about a revolution in the world of internet. However, the concept behind web3 remains undefined to many. Additionally, companies have begun to research the real-world uses of web3 in order to fully utilize its potential to transform business.

What is Web3?

Web3 is what is known as the “next-iteration” of the internetand is the evolution of web 1 (HTML-based static websites) and web 2 (dynamic user-generated web). Web3 is an ongoing concept with numerous 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 that web 3.0 being the web that could read and processing data without human intervention.

Web3-The decentralized internet

Co-founder of Ethereum, Gavin Wood, coined the idea to end an era of centralization of the web in which tech giants such as Facebook, Twitter and Google are able to gather and use information of users. Web3 relies on technology and concepts like self-sovereign identity, blockchain and a decentralized storage system altering the notion of data ownership , and giving the power to users.

Architecture of Web3

Web3 is a serverless internet structure, commonly referred to as a decentralized internet, which is designed to give access to data and control rights to users instead of any central entity.

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