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How-to:
Web 3.0

By CROING

CROING’s team is always looking at the future of communication strategies and resources, Web 3.0 is one of them and is here to stay, read more about what it is and the difference to the current Web 2.0 concept.

  • Web 2.0 and Web 3.0 represent successive, advanced iterations of the original Web 1.0 of the 1990s and early 2000s. Web 2.0 is the current version of the web with which we are all familiar, while Web 3.0 represents its next phase that will be decentralized, open, and of greater utility.
  • Smartphones, mobile Internet access, and social networks have driven the exponential growth of Web 2.0.
  • Web 2.0 has been a disruption among sectors that fail to integrate the new web-based business model.
  • Defining features of Web 3.0 include decentralization; trustless and permissionless; artificial intelligence (AI) and machine learning; and connectivity and ubiquity.

Web 3.0 is the third generation of internet services for websites and applications that will focus on using a machine-based understanding of data to provide a data-driven and Semantic Web. The ultimate goal of Web 3.0 is to create more intelligent, connected and open websites.

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Decentralization, openness and incredible user utility are the defining characteristics of web 3.0.

With Web 3.0 we’ll be able to trade value, information & work with global counterparties they don’t know or yet explicitly trust, without an intermediary. The most important evolution enabled by Web 3.0 is the minimisation of the trust required for coordination on a global scale. This marks a move towards trusting all constituents of a network implicitly rather than needing to trust each individual explicitly and/or seeking to achieve trust extrinsically.

Web 3.0 will fundamentally expand the scale & scope of both human and machine interactions far beyond what we can imagine today. These interactions, ranging from seamless payments to richer information flows, to trusted data transfers, will become possible with a vastly increased range of potential counterparties. Web 3.0 will enable us to interact with any individual or machine in the world, without having to pass through fee-charging middlemen. This shift will enable a whole new wave of previously unimaginable businesses and business models: from global co-operatives to decentralised autonomous organisations and self-sovereign data marketplaces.

What’s your favorite Web 3.0?

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