These days, Internet technology has reached new heights HTML is said to be the core layer. When compared to previous web generations, the latest one is said to differ a bit. This is in terms of how and where data sources are connected.
About Web 3.0
Practically all applications and sites in this latest web age rely upon the centralized database. The objective is to supply data as well as ensure greater functionality. Such apps/services use a decentralized blockchain rather than a centralized database. The main idea behind blockchain creation is it is a distributed consensus instead of an arbitrary Central Authority.
Know the top 8 technologies
1. Cryptocurrency:
Also referred to as crypto or crypto-currency, it is a virtual or digital currency. It is encrypted to protect transactions taking place. There is no central regulating or issuing body. For new unit creation and tracking transactions, it relies on a decentralized system. To track total money in circulation as well as its owner, blockchain technology is implemented.
2. Blockchain Technology:
It is rather a decentralized ledger used to record peer-to-peer transactions. Transactions can be confirmed by participants without a central clearing authority adopting this technology. Some potential applications include voting, settling transactions, financial transfers, etc. It is stated to be the next-gen BPO software. Collaborative technology like blockchain improves business procedures occurring between organizations. Virtual reality does help reduce the ‘cost of trust’ significantly.
3. ML (Machine Learning) and AI (Artificial Learning):
These have become popular recently and are used inside cell phones. It allows chatting with an intelligent agent and getting an appropriate response. ML is used for forecasting human behavior and wants. For this, data in vast volumes are processed in real-time. IoT (Internet of Things) has helped create intelligent network-connected devices and improve digital advertising platforms.
4. Semantic Web:
It is considered to be the next step involved in the growth of the web. It improves in-demand Internet technology. The purpose is to connect, share and create materials via analysis and search. It is based upon the ability to grasp words and meanings instead of numbers or keywords. Its ultimate objective is to permit computers in modifying data without manual work.
5. 3D Graphics:
Unlike 2D computer graphics, 3D versions use three-dimensional geometric data representations stored within the computer. It displays 2D visuals and conducts computations. The 3D design is mostly used in Web-3.0 to create services and sites including virtual reality. It is often noticed in geographical settings, eCommerce, computer games, museum guides, etc.
6. The Metaverse:
This term is not associated with any single technology. Rather, it is converted to a general movement as to how people communicate and engage with technology, especially in today’s fast-paced environment. There is a wrong notion that Metaverse overlaps to interconnect with Web-3 concepts. This concept shows how humans interact with the net in near future!
7. Edge Computing (Distributed Computing):
This networking paradigm is said to lay emphasis on processing placements close to data sources. The purpose is to reduce bandwidth usage and reduce latency. Simply put, fewer processes are executed on the cloud, relocating the same to local stations like edge servers, IoT devices, or user’s PC. Thus, long-distance transmission taking place between server and client gets reduced.
8. DAOs (Decentralized Autonomous Organizations):
These are considered to be secure and powerful techniques allowing better collaboration with like-minded global users. It is rather stated as an internet-native business owned and governed by its members. There are inbuilt treasuries where access will require group’s permission. To make crucial decisions, voting and proposals take place. A solid digital advertising platform can help in effective communication.
A reality
Web 3.0 can be stated to be a grand reality and no more a dream. It is actually a cognitive technology whose possibilities are limitless. Individuals can become sovereign as it makes the net more equitable.
