Introduction: Web 3.0 and Its Impacts
Get introduced to Web 3.0, the third iteration of the internet, and how it will impact us.
This lesson will familiarize us with the recent advances in the Web 3.0 and metaverse ecosystem. We’ll go over the XR technologies and their role as a gateway to the metaverse, the 3D internet of the future. To this end, we also cover some of the interesting applications of the metaverse in education, finance, e-commerce, sports, entertainment, and more. These are essential concepts that will not only prepare us for AR development but also equip us with the knowledge to thrive in the economy of the future.
Introduction to Web 3.0
Over the last few decades, the internet has evolved to be an essential part of our lives. Despite much technological progress, critics say it’s far too centralized, with top tech companies having most of the power.
Enter Web 3.0, where new companies aim to build and reshape the internet. The proponents of Web 3.0 say it can disrupt the giants of the tech world by giving power to internet users rather than to platforms.
But what exactly is Web 3.0? Web 3.0 is a movement in tech that calls for creating a decentralized 3D internet based on blockchain technologies. To understand Web 3.0 and the evolution of the internet, it’s essential to learn about its history.
History of Web 3.0
Let’s explore the iterations of the Web so far.
Web 1.0
During the ’90s and early 2000s, websites were primarily static pages where we could consume information.
But it was much harder to produce content of our own. This period has been described as Web 1.0.
Web 2.0
With the popularity of Web 2.0 in the early to mid-2000s, we were introduced to applications like Facebook, Twitter, and YouTube. These sites were more interactive, allowing users to post their material and engage in online discussions about everything from sports to politics.
While Web 2.0 ushered in a more user-friendly online experience, it came with its own set of problems, mainly around data privacy and ownership. Web 3.0 aims to resolve these issues through blockchain-based decentralization.
Web 3.0
Web 3.0 is also known as the third iteration of the internet. After Web 1.0 ...