Web 3.0: All the basics of the hype for beginners
In the last two decades, the Internet has changed dramatically: from Internet Relay Chat (IRC) we have moved to modern social media platforms. From simple digital payments to sophisticated online banking services, the technology we use every day has changed noticeably. We also got to know new, completely internet-based technologies such as crypto and blockchain. The internet has become a vital part of human interaction and connectivity – and it’s constantly evolving. So far we’ve seen Web 1.0 and Web 2.0, but what can we actually expect from Web 3.0? We answer exactly this question and reveal what Web 3.0 will contain. What is Web 3.0? Definition and explanation Web 3.0 (often referred to as “Web3”) is the next generation of the Internet, which relies heavily on machine learning, artificial intelligence (AI), and blockchain technology. The exact origin of the term is disputed, because Tim Berners-Lee – the inventor of the Internet – spoke of Web3 as early as 1999, but initia...