How Web 3.0 and Blockchain Go Hand-in-Hand

Before the existence of Blockchain in web 3.0, several forms of the internet emerged. Find out how blockchain and Web 3.0 go hand-in-hand. 

How Web 3.0 and Blockchain Go Hand in Hand?

The internet certainly is among the most vital components of almost everyone’s existence. It is rather challenging to live without its access. The global pandemic of late has furthermore highlighted the significance of the World Wide Web during the unexpected disaster. Today’s internet, however, is quite confusing about data security. Ever since its development, it has expanded dramatically. Before the existence of Blockchain in web 3.0, several forms of the internet emerged.

Web 3.0 is the Need of the Hour

People have already been amazed by web 1.0 & web 2.0, and they have managed to overcome the astound-ness within a brief time. They instead need something which will pretty well cater to their present needs. It was during the 1980s when web 1.0 was launched, with a handful of flaws covered by web 2.0. This was popularly referred to as CDN or Content Distribution Network, where a little more was exercised by users rather than consuming contents that were uploaded by lesser sources in the client-server architecture. People use the net to view published content just from any part of the world. Web forms, advertising, and HTML code swamped the network, which was difficult to read.

Web 1.0 was undoubtedly a vital technological intervention during its era. There were, however few limitations to interacting with any form of content it had. All these limitations paved the way for its succeeding version. As a result, web 2.0 came into the picture a decade later that introduced e-commerce, social networking, and blogging, thus playing a pivotal part in transforming social relationships. A new internet, dynamic content, online apps, cloud services, XML, and RSS allows communities and users to collaborate- thus turning the concept of read-write into reality.

Web 2.0 just a decade ago offered the way to the upcoming stage, a semantic internet that augments the web technologies needed for generating, sharing, and linking information with the help of data analysis resting on the ability to understand words instead of numbers or keywords. The internet’s latest version with digital money, blockchain technology, artificial intelligence, mobile apps, live-streaming, 3D graphics, and networked devices & applications allows a pervasive omnichannel strategy.

Let’s welcome Web 3.0. This is an internet that may help in producing content, distributing it, and carrying out agreements. But above all, knowing how Blockchain will fuel its expansion is vital.

Growing Significance of Web 3.0

Web 3.0’s future generation is a decentralized part of the digital realm. Here users can smartly communicate and work without worrying about authoritative information libraries. What’s more? The innovation of Blockchain is an asset for making web advances less one-sided and more comprehensive. In just a few years, the crypto sphere will change into an effective dimension with the blockchain technology pulling out every stop. Even more interesting remains that crypto trades such as CoinSwitch Kuber may be ahead of this progress, thus turning crypto into something more than any form of productive contribution.

Now the question is, what is web 3.0 all about? It considers every facet following the revolution on the web with accentuation on bright data openness. In web 3.0, search engines will offer customized knowledge based on one’s hunt setting. Further, various computing devices will also replace stored data on the centralized server. It will eventually be an internet peer-to-peer without any sole entity’s control.

Web 3.0 practically seeks to turn the net highly adaptable to the open-source. It will help reduce the perils associated with threats, too much dependence on the centralized server, and information leakage. Precisely this version of the internet is a creator-driven platform that users develop. Web 3.0 in 2022 will turn more critical, with maximum users continuing to favor customized and personalized browsing experiences. Also, there is a surge in need for various humanized search assistants, which are more ubiquitous, intelligent, and above all, powered by Blockchain, artificial intelligence, and semantics.  

Blockchain and Web 3.0 Work Together- Know How

Blockchain, to be more precise, is a crucial technology for the architecture of Web 3.0. Since Bitcoin was launched in 2009, it has given birth to blockchain technology. An unnamed group or individual, Satoshi Nakamoto, designed Bitcoin to decentralize the global financial industry’s response to the financial crisis in 2008. Blockchain makes it challenging to defraud or attack the system by distributing the database’s duplicates over the complete network. Though Bitcoin today is a widespread use of Blockchain, this technology provides various purposes. Though Bitcoin has been the foremost Blockchain, it is the several blockchains that could potentially disrupt every business and sector.

In short, Blockchain acts as web 3.0’s foundation. Web 3.0 may not have been possible without the systems offered by Blockchain. In TTheprivacyd and security that Blockchain provides are used by web 3.0 developers to appeal to online users. There is no one point of control here that can be hacked easily, as Blockchain is a decentralized system. Web 3.0 indicates that the internet and individual sites will be more safe and more secure against attacks. This means users can remain worry-free regarding their information being compromised or deleted.

Pradip Shitole is the Team Lead in a market consultancy firm. He has an education in Electronics & Tell-comm engineering and has worked in technology firms and market research.