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    Vikshita Vitthal Gujaran in OBOSWAP

    29-Dec-2022 05:24 AM


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    What is Web3.0 and why does it matters ?

    The Internet is a constantly evolving technology that continues to innovate. So far, we’ve experienced Web 1.0 and 2.0, and there’s much discussion of what to expect from Web 3.0. Web 1.0 provided a static experience for users without the ability to create the content-rich sites we have today. Web 2.0 brought us together with social media and dynamic websites, but at the cost of centralization.

    Web 3.0 looks to give us control of our online information and also create a semantic web. This means that machines will easily read and process user-generated content. Blockchain will provide the power for decentralization, free digital identities with crypto wallets, and open digital economies.

    The ways we interact with the net will become more immersive with 3D options available. The benefits to the user also include efficient browsing, relevant advertising, and improved customer support. Some of the most widely used Web 3.0 technology can be seen with virtual assistants like Siri and Alexa and connected smart homes.

    Source - https://academy.binance.com/en/articles/the-evolution-of-the-internet-web-3-0-explained?utm_source=BinanceAcademy&utm_medium=Social+&utm_campaign=Article

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