Did you know that the most important defining characteristics of web3 include artificial intelligence, decentralization, and connectivity?
More and more people are starting to talk about web3. But there is still a lot that people don’t know about how and why web3 will change the internet.
We’ve written a guide to clear up confusion about what the evolution of the internet will look like. Keep reading to find out more.
What Is Web3?
Web3 is an evolving idea of what the next generation of the internet will look like.
One of the main distinguishing characteristics of Web 1.0 was web pages that were filled with content that was created by people and organizations.
Web 2.0 promised to give the typical person more freedom to create and profit from their own digital content.
The problem is that this often required that users get involved with big tech companies such as Google, YouTube, Twitter, Facebook, and Instagram.
There are several important ways that web 3 will be different than previous versions of the internet. Most importantly, it promises to cut out the middleman.
It will do this by totally decentralizing the internet in a similar way that cryptocurrency is in the process of gaining control over world finance.
In fact, web3 will be built from blockchain technology, just like cryptocurrencies. Web3 will use blockchain technology to keep track of its entire expanse.
It will become possible to keep track of information across all systems. It will not be necessary for any self-interested corporation to get involved.
1. Own a Part of the Internet Instead of Leasing It
Currently, a small bunch of giant tech companies own almost every part of the internet. They allow the public to use it in exchange for their financial support and data.
Those who are creating web3 want the internet to become more egalitarian. Their goal is to make sure that influential people such as Mark Zuckerberg have just as much control over the internet as the average citizen.
With web3, you will be able to construct and govern your own decentralized networks. This will make it possible for autonomous networks that are self-governed to become more democratic. There will not be any leaders.
2. Repurposing Blockchain Technology
If you have a basic understanding of how cryptocurrency works, it will be easy for you to understand and use web3. This is because the blockchain goes way beyond Bitcoin and Ethereum.
During the first days of the internet, most websites were managed by people or groups who hosted their own data and systems. People eventually started calling this web 1.0.
Web 2.0 was born once people started using social networking sites to communicate with one another and to do business.
People often say that web 1.0 was read-only. Web 2.0 is read-write. With web3, people will be able to take things one step further.
People will be able to design their own platforms, make money from them, and take control of their data. More and more people will start using open-source tools to continue building the metaverse.
3. Your Online Experience Will Evolve
Many experts believe that artificial intelligence and machine learning will play a significant role in the creation of web3. But it might take a while for this to happen.
The most noticeable change that you are likely to notice with web3 will be the removal of the internet’s middlemen.
Once web3 evolves, it will be possible for websites to communicate directly with one another. They will not need intermediaries such as Google and Twitter.
4. Opening the Door for the Global Economy
In the future, it will be much easier for the average citizen to participate in the global economy.
Currently, around half of the world’s population does not participate in the global economy.
Nearly a billion people do not have access to the internet. And there are billions of other individuals who have access to the internet but who rarely use it.
With web3, it will become much easier for people around the world to use the internet. This means that it will allow the average person to play a more important role in the digital economy.
5. Security and Ubiquity
One of the most unique traits of web3 is security. It will be possible for digital devices to become interconnected. Users will be able to own their own data.
Web3 will also help apps to become more dependent on their devices. There will also be more support for working on different platforms for hardware and software.
Therefore, web 3 will be much more secure than previous versions of the internet.
6. The Metaverse and Immersive 3D Experiences
One of the reasons why so many younger people are excited about web3 is that they will be able to use the internet to interact with one another in immersive 3D environments.
It will become normal for people to use VR headsets when they are online.
This means that people will start interacting in new ways with each other and with products and services. It will be normal for people to navigate through virtual worlds.
Understand How Web3 Will Change the Internet
If you have been wondering how web3 will change the internet, it is important to understand how easy it will be for people to create autonomous networks that are self-governed.
If you want to be one of the first people to start using web3, you should consider joining SandStorm. We are the world’s largest metaverse builder platform. Don’t hesitate to become a builder today.