From the early days of Web1, which only supported static text and images, to the current version, Web2, the Internet has advanced rapidly. Value and data will easily move across decentralized platforms with distributed ownership and control as we enter the Web3 era.
Yet, what else does Web3 include? What distinguishes it from Web2? How can a Web3 development company boost your business?
Continue reading to learn more about these two ideas, their differences, and their potential uses.
Table of Contents
What is Web 2.0?
Web 2.0 portrays the present status of the web, which has more client-created content and convenience for end-clients compared with its prior manifestation, Web 1.0.
By and large, Web 2.0 refers to the 21st-century Web applications that have changed the computerized world in the fallout of the dot-com bubble.
Web 2.0, which Tim O’Reilly coined in 2004, replaced Web 1.0 in 2005. With increased user interactivity, Web 2.0 is also known as the “read-write web and social web. Utilizing technologies like JavaScript, HTML5, and CSS3, Web 2.0 enables users to not only consume content but also create and share it.
Meta (Facebook), Google, and Twitter, the world’s tech giants, own the majority of Web 2.0 information. In contrast to Web 1.0, data can be shared between sites in Web 2.0, allowing for the proliferation of user-generated content.
Features of Web 2.0
- “Mostly read only web” was replaced with “widely read and write over the web.”
- Web 2.0 provides an ideal foundation for powerful client connections that were unavailable in the past.
- The idea was changed to one of active participation in creation, sharing, and collaboration as opposed to passive content consumption and distribution.
- It may be an effective enticement for an Enterprise; that allows for more employee involvement in projects and the exchange of ideas at a lower cost.
Limitations of Web 2.0
Overload of information:
It can be difficult to navigate and locate relevant information amid the abundance of user-generated content, resulting in information overload.
Privacy issues:
Web 2.0 stages gather tremendous amounts of individual information, raising concerns about how this information is utilized and shared.
Security hazard:
Web 2.0 platforms are also vulnerable to security threats like malware, phishing, and hacking, which could harm user data and privacy.
Dependence:
Many aspects of our lives are now dependent on Web 2.0 platforms, which raises concerns about our dependence and the consequences of failure.
Misinformation:
Web 2.0 platforms make it easy to create and share content, but they can also make it easier for false information and misinformation to spread, which could hurt people and society.
What is Web3?
Web3 is the third generation of the internet that is currently being built. With the help of technologies like artificial intelligence (AI), machine learning (ML), big data, decentralized ledger technology (DLT), and more, websites and apps will be able to process information in a way that is similar to that of a smart human.
The internet’s second version, web3, is an improvement over its predecessors: web versions 1.0 and 2.0 Similar to how Web2 did, the development of the internet led to a paradigm shift. Gavin Wood, a co-founder of Ethereum, coined the term “Web3.” Web3 will use cryptocurrencies, blockchain technology, and NFTs to give internet users more control over their data and activities. Web3 is a decentralized web that will free users and the internet from the shackles of biased tech giants.
Web3, a blockchain-based internet, will alter how we currently use the internet. Web3, also known as the semantic web, will be an improved version of Web2, where computers will be able to interpret information like humans using AI and machine learning.
Features of Web3
Decentralized:-
Web3 will not have a centralized authority that is in charge of the data or anything else, in contrast to the current Web2, which is managed by companies like Google.
AI-Powered:-
Computers are able to comprehend information on a level that is comparable to that of humans by combining semantic capabilities with natural language processing, resulting in faster and more relevant results. They become smarter and better able to meet user demands as a result.
Trustless:-
You do not have to trust third party apps or companies to use the internet or its services.
Open-source –
Decentralized applications and platforms that are open source mean that anyone can view their code and create their own dApps in Web 3.
Security:
Blockchain technology will make Web3 safer than its predecessor. In Web3, data will be stored over the blockchain network, which is tamper-proof and immutable. Also, because of its distributed node network, nobody can hack into the blockchain network.
Semantic Web:
One more basic element of Web 3.0 alludes to the semantic web’s usefulness. It suggests that Web 3.0 might make it easier to comprehend what words mean. Accordingly, machines and people could without much of a stretch find, share, and break down data in Web 3.0.
Table
Web3: Future of dApp Development
Users now have more control over their data, businesses can access services that were previously only available to large corporations, and developers can now create powerful applications that were previously impossible.
Web3 development is the internet’s future and will undoubtedly change how we interact with the digital world. A web3 development company will help you grab this future for your business.
In the fields of banking and finance as well as health care, Web3 technology has changed the way businesses operate, offering solutions that are less expensive and more transparent than those offered by traditional institutions.
Blockchain oracles have made it possible for developers to create innovative and effective decentralized applications (dApps) at significantly lower overhead costs. This has made it a lot more straightforward for organizations to complete their tasks in a savvy way, with a more noteworthy degree of straightforwardness than at any time in recent memory.
Conclusion
BlockTech Brew, a team of expert dApp developers to deliver flawless dApp solutions for your business-specific requirements with reliable, robust code.
Your web3 development company at a call away!
