Introduction
The use cases of Web3 & Blockchain cannot be underestimated. When we reflect back the 3 phases of webs introduced, they are upgrades of the previous ones. Which means the current one becomes the more advanced of the previous ones embedded with lots of things. Let's retrospect these webs to see how their functions were, compared to the latest web.
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Web 1.0
In web 1.0 users could read data or information available for them, since information were owned by some creators which users were very restricted from being creators. Most of the information or data were owned by Website creators. Users were engulfed with many rules. Censorship and monetized were very high. Think about Microsoft Search Network (MSN), Google and Yahoo; they are website giant owned by some creators. In the era of Web 1.0 people sought to interact with friends on internet, but since websites were limited they struggle to search. I remember in those days some internet cafe were established at vantage point to provide service for people to browse, sending messages to friends, love ones and families else where. Data was very expensive and only limited people had access to these information.
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Web 2.0
Web 2.0 is more advanced of Web of Web 1.0 in many ways. Users could read and at the same time write information they want. Interactions were more effective using Web 2.0 version since more social networks were created which supported many users to express themselves being creators of content. There were different cycle of information that user could circulate between user and the creators of websites, friends and families as well. Users were able to send information from one app to another, retrieve and reply contents sent to them too. Today we have Facebook, Twitter, Instagram and Telegrams in addition to those that we mentioned in Web 1.0 which all integrated to expand Web 2.0.
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Web 3.0
Web 3.0 is more advanced form of web 2.0. It stands out to be the best transition of website so far. Even though I haven't seen the next network revolutionary phase that is coming. In Web 3.0, users can read, write, have confidence on the website, verify or validate and own the content he has written as creator. There is a possibility of using Artificial Intelligence (AI) to access content or produce content. Information shared can be accessed by many users on the Web 3.0 network. Information become immutable once it's shared. One good thing is that it's Decentralized Network which means no one can claim being sole owner of Network and hence there are enough freedom to operate.
This is actually which makes the excitement grows for the Blockchain users since Web 3.0 fit well into the ideas of Blockchain, the dreams and what Blockchain technology looks up for.I think this sounds a great achievement that all users who have long being using Blockchain technology should celebrate. To have Web of the World adopting Decentralization style in its operation is something we should be proud of. Many people is coming to realize why Blockchain technology is change lives and the need to adopt to it.
Blockchain integration with Web3, the strength of data for users
Many people were skeptical and speculating if Blockchain is trusted site to invest. Especially Crypto currency like Bitcoin and Ethereum which many people were familiarized with. These doubts are fading out gradually since many friends have currently been exposed to the use of internets and the various social networks that people use accross the World. Recently I was using TikTok and I saw how many people are promoting web3. Twitter is also a staunch supporter of Web3 promotion, similar to Facebook and YouTube. So, if most of the giant networks with larger users are promoting Web3, it's going to give more recognition to Blockchain technology. Since we have from time memorial promoted Decentralization kicking against centralization in our platform.
Empowering Trustworthiness
Web3 already in the era of decentralized Blockchain heart would strengthen trust already built and embedded in Blockchain technology, avoiding any third perty system of making transactions to dupe the system. This unique system that we all cherish Web3 introduction coming to empower the Blockchain network with more ideas and solid measured to support users. In this case, Peer-to-peer trading is going to be empowered. Nothin to fear of running away with your money transferred. Transactions are going to be secured and confidential, unlike the Banks where payments can be accessed by many people at the Bank premises.
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Supporting Smart Contracts
For instance, in decentralized Blockchain, the escrow service is neutral system build to act as third which hold the transaction until both parties are satisfied with the transaction between them before the crypto tokens are released. That's what happens. So there is no third person involvement as many people would think so. Instead of using human being who could temper the system or try to dupe the system, computer node is being run to execute the third party work very safe and fair deal for the two parties involved. But many people who aren't familiarize with Blockchain usage sometimes wonder how transactions is possible on Blockchain without losing money. Since they don't understand the these terms.
Blockchain Immutability
Blockchain Immutability refers to the way data created by individuals are stored with being altered. Data are being kept safe and they can be there forever. This explains why Hive posts that were shared long ago say 5 years still exist when we scroll down to check. Once kept on the Blockchain it become immutable. They are Programmers which have been fed with the Blockchain network to secure users security purposes. Blockchain enable transactions to permanently recorded and viewable by users. That's is why in crypto, past transactions could be retrieved and read from your history of all transactions made.
Data are easy accessible at any point in time
Stress of searching for information through books and libraries are the thing of the past. Now, we have many brands of smart phones which make easy to access our transactions and investment we are making online. In web 1.0 era, few information were permitted to access. Transferring money from your Country to another Country might be on Money grams and Money Transfers. People would be in long queues waiting to make transactions. It could take several hours before completing one transactions due to network challenges. Here we are in the era of web 3.0. The speed of network is very great, that's more advanced form of Web 2.0.
In Summary, users are being empowed with the use of Web3 Blockchain. Web 3.0 is the newest version among all the Webs. We seek Web 3.0 to bring more impact to users. Thanks for your attention!
Posted Using LeoFinance Alpha
