What is Web 3.0 and Why is it Significant?

in LeoFinance3 years ago

This is a video animation explaining what WEB 3.0 is in basic terms so that everyone can understand what it is and how is it different from WEB 2.0.

Feedback is always appreciated as I think it is mandatory in order to be able to improve. So please, if you are curious to know what WEB 3.0 is or if you want to lend a helping hand, don't hesitate to watch it and give me your honest opinion.

If you never stopped to think about how the Internet works and how it evolved in time, it is possible that what Web 3.0 means could be a bit of a fuzzy concept.

The current generation of the Internet changed things considerably, but it has its own disadvantages, such as centralization, surveillance of the population, and aggressive marketing. This is where Web 3.0 comes in.

The third Internet generation aims to be more open, smarter, and decentralized. The decentralized web should become the place where data is interconnected while also maintaining confidentiality.
Internet services and apps would be served by the distributed ledger technology, the most common being the blockchain.

AI and algorithms of automatic learning would also play an essential role. The goal of using them is to offer users the info they need faster. This is why Web 3.0 is also known as Semantic Web.
The websites that use AI should be able to filter available data and present to the user the information that they consider adequate.

The goal is for the AI to allow the system to interpret the meaning behind data, aka the semantics, thus offering a personalized experience.

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