Like any other technology, the internet ecosystem is constantly evolving to meet society’s rising expectations. And consumers should stay aware of the Internet’s future as that will help avoid digital whiplash resulting from the changes that Web 3.0 brings. But what exactly is Web 3.0?<\/p>\r\n
Web 3.0 is a third-gen of the Internet facilitating many new capabilities, and the most important is the “decentralization of internet content regulation.” This technology is creating the same kind of stir as created by Blockchain technology and has similarly left people perplexed about what it is about.<\/i><\/p>\r\n
Meanwhile, to offer a simple understanding, there have been two versions of internet computing. Each has gradually added more and more online services, thus opening up new digital doors. In the case of Web 1.0, it was the first internet phase that displayed information. Still, it had its limitations in terms of capability, inept at navigating, and didn’t offer many options to monetize content. Then Web 2.0 was an improved version that categorizes information on websites, enabling data to freely flow from the site owner to user, providing tools for content creation. And the latest version of Web 3.0, upon its arrival, has caught the attention of the likes of VC firms, tech companies, and cryptocurrency enthusiasts.<\/p>\r\n