Web 3.0, also known as the “Semantic Web,” is the next evolution of the internet, in which data and information are more easily accessible and understandable by machines. This will allow for more intelligent and personalized online experiences, as well as the ability for machines to more easily process and use the vast amount of data available on the internet.
One of the key technologies driving Web 3.0 is the use of blockchain, which allows for decentralized and secure storage and sharing of data. This is in contrast to the current model of the internet, in which a small number of large tech companies control the majority of data and online activity.
Another important aspect of Web 3.0 is the use of artificial intelligence and machine learning to make sense of the vast amount of data available on the internet. This will allow for more personalized and intelligent online experiences, as well as the ability for machines to more easily process and use the vast amount of data available on the internet.
Web 3.0 also includes the concept of “smart contracts”, which are self-executing contracts with the terms of the agreement written directly into lines of code. This allows for trustless and autonomous exchange of goods and services, without the need for intermediaries such as lawyers or banks.
Overall, Web 3.0 represents a shift towards a more decentralized, intelligent, and user-centric internet. It has the potential to revolutionize the way we interact with the internet and with each other, and is an exciting development to watch in the coming years.