What is Web 3.0?

What is Web 3.0? Web 3.0 is the next generation of internet technology, which largely relies on machine learning, artificial intelligence, and blockchain technology. This term was coined by Gavin Wood, the founder of Polkadot and co-founder of Ethereum. While Web 2.0 focuses on user-generated content and centralized websites, Web 3.0 gives users greater control over their online data. Decentralization and the digital economy also play an important role in Web 3.0, as they allow us to assign value to the content created on the network. How does Web 3.0 work? Web 3.0 aims to deliver personalized and relevant information faster through the use of artificial intelligence and advanced machine learning techniques. Smarter search algorithms and the development of big data analytics will enable machines to intuitively understand and recommend content. Web 3.0 will also focus on user ownership and support available digital economies. Current websites typically display static information or user-controlled content, such as forums or social media. While this allows for data publication for the masses, it does not meet the needs of specific users. The website should personalize information for each user, similar to the dynamic nature of interpersonal communication in the real world. In Web 2.0, once this information is in the network, users lose ownership and control.