Today’s modern technology is now advancing rapidly.
People uses the internet most of the time, reading, socializing and even users are connecting via decentralized network and having access to their own data. You might not be familiar with the third one, and so, I want to tell you something about it. It is the Web3, what is it and what can it do? Does it really hold a promising future?
Web 1.0 has a static website, you can read piece of information through websites and blogs, it is a content delivery network. In Web 2.0, you can socialize with other people. You can create a post, you can post a video or photos, it is a dynamic interactive platform. While Web3’s purpose is to have a more open, secure and decentralized internet platforms. We have blockchain technology, cryptography, and decentralized networks. You can simply interact and transact with other users without any intervention from government and organization! People has full control on their assets in Web3.
In Web3, talented people who has a passion for art, music and other creative works are paid, they can launch their masterpiece as a Non-fungible tokens or also known as NFT and have their own ownership to avoid crimes such as stealing or plagiarism. It is a huge advantage for creators, isn’t it?
How about the fear of hacks and theft? Web3.0 relies heavily on blockchain technology, which is utilized to protect the network’s security and transparency. So you do not have to worry about getting hacked! As long as you are careful and cautious about phishing links, you are completely good and away from hackers.
Even multi-billionaire personas such as Elon Musk has an optimistic view in the future of Web3.
Not just Musk, even big companies and institutions are investing and looking forward for the promising future of Web3.
Web3’s current improvements have demonstrated how successful it will be in the future. Most importantly, internet users can greatly benefit from the certainty of decentralization, data privacy, and control over digital identities. It promises a more open, secure and user-focused platform. Collaborations between developers, communities, and governing bodies will be essential as the technology develops in order to create a Web3 ecosystem that is influential and long-lasting. Since we are living in a modern technology world, it is also necessary for us to gain knowledge about the new technologies and join the advancement of our world.