How Web 3.0 is the new generation of internet in upcoming future ?

How Web 3.0 is the new generation of internet in upcoming future ?

Web 3.0 is the new generation of internet services that utilize advanced machine-based learning and artificial intelligence to connect web-based applications together and form a more personalized web.

 Web 3.0 is collectively designed to offer users more user-tailored content at a much faster rate than ever before. The new web will utilize AI-powered search algorithms, virtual reality (VR), augmented reality (AR) and enhanced data analytics to make this possible.

The idea of Web 3.0 was first introduced by Tim Berners-Lee, the inventor of the World Wide Web, where he discussed the concept of the then-called Semantic Web. 

According to Berners-Lee, the Semantic Web should be capable of processing and analyzing every data available on the Web, including all content, links and exchange of information from people and their computers. He further added that this can greatly help in enabling machines to complement our daily activities.

Once Web 3.0 is fully in place, it is expected to make a huge wealth of information accessible to a variety of applications and websites online, enabling these systems to understand the data they gather from the activity of internet users. 

Note that tech giants like Google and Facebook will no longer be able to control or access user data in this era. Therefore, data privacy laws can no longer be violated by them in a similar manner.

Web 3.0 is expected to push forth the boundaries of peer-to-peer exchange of information by taking advantage of technologies like blockchain, Internet of Things (IoT) and open-source software, among others.

The Web3 Foundation was created to foster new technologies and applications in the field of decentralized web software protocols. 

These latter are protocols that use cryptographic methods as a means to safeguard decentralization, which is for the benefit and the stability of the Web3 ecosystem. 

The Web3 Foundation Council’s members are founder Dr. Gavin Wood, together with Dr. Aeron Buchanan and Reto Trinkler.

The foundation focuses on developing Web 3.0, which is conceived of a decentralized and fairer internet, where users have the ability to control their personal data and identity.

The Web3 Foundation believes in an internet where users, not corporations, own their data, where global transactions are secure, and where online exchanges of information and value are decentralized.

The Web 3.0 technology stack has multiple layers. Layer 4  is the protocol-extensible user-interface cradle, known as the browser. 

Layer 3, comprises protocol-extensible developer APIs and languages, followed by layer 2, which includes state channels, plasma protocols, encrypted storage, heavy computation, distributed secret management and oracles.

Layer 1 is made up of zero or low trust interaction protocols, such as Bitcoin (BTC) or Ethereum (ETH), parachains, data distribution protocols and transient data pub/sub messaging. 

Finally, layer 0 comprises zero or low trust meta protocols (e.g., Polkadot) peer-to-peer (P2P) internet overlay protocols, and a platform natural language.

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