Voor Jarl. “The age of Web3 is coming!”, “The Web3 arms race is upon us”. These are just few of the headlines that came along in 2022 so far. Is this just a new hype that has been unleashed or could Web3 really become a technology revolution? Via a series of articles, Tech Lab will explain more about Web3, what is it, how does it work, what can it do, and what are the main challenges ahead.
So, what is Web3? Let’s firsthave a look at Web2. Because if there is a Web3, there must be a Web2, right? Web2 is the internet as we know it today. One of the main characteristics of Web2 is that information, web applications, platforms and services are centralised. If we want to participate in the Web2 world, we are forced to share our data and identity with organisations like Meta and Google, with very little control over what happens with that data and identity.
One of the main tasks of Web3 is to shift the power over data and identity towards the owner or initiator of the data. By organising the internet in a decentralised way,data can be stored anywhere,also thanks to blockchain administering data control, ownership, as well asuring data privacy through encryption. This is why Web3 is also called decentralized internet or decentralized web.
When you hear people talking about Web 3.0 (instead of Web3) they could also mean something else, namely the semantic web. Both Web3 and Web 3.0 want to offer an alternative to the current web,but they have a different focus. The semantic web (Web 3.0)focuses on efficiency and intelligence,and works by reusing and linking data across websites. The decentralized web (Web3)focuseson empowerment and security,by giving power over data and identity back to the people.
So, when you read something online about the subject, how can you really distinguish the two concepts? Well, apparently you cannot be 100% sure. The fact that there is still no consensus about the definition of Web3 is part of the challenge. It’s hard to write a series of articles on something that hasn’t been defined yet, but here at Tech Lab we like challenges. And from now on, whenever you see us talking about Web3, keep in mind that we are referring to the decentralized web.
To be continued...
Voor Jarl. “The age of Web3 is coming!”, “The Web3 arms race is upon us”. These are just few of the headlines that came along in 2022 so far. Is this just a new hype that has been unleashed or could Web3 really become a technology revolution? Via a series of articles, Tech Lab will explain more about Web3, what is it, how does it work, what can it do, and what are the main challenges ahead.
So, what is Web3? Let’s firsthave a look at Web2. Because if there is a Web3, there must be a Web2, right? Web2 is the internet as we know it today. One of the main characteristics of Web2 is that information, web applications, platforms and services are centralised. If we want to participate in the Web2 world, we are forced to share our data and identity with organisations like Meta and Google, with very little control over what happens with that data and identity.
One of the main tasks of Web3 is to shift the power over data and identity towards the owner or initiator of the data. By organising the internet in a decentralised way,data can be stored anywhere,also thanks to blockchain administering data control, ownership, as well asuring data privacy through encryption. This is why Web3 is also called decentralized internet or decentralized web.
When you hear people talking about Web 3.0 (instead of Web3) they could also mean something else, namely the semantic web. Both Web3 and Web 3.0 want to offer an alternative to the current web,but they have a different focus. The semantic web (Web 3.0)focuses on efficiency and intelligence,and works by reusing and linking data across websites. The decentralized web (Web3)focuseson empowerment and security,by giving power over data and identity back to the people.
So, when you read something online about the subject, how can you really distinguish the two concepts? Well, apparently you cannot be 100% sure. The fact that there is still no consensus about the definition of Web3 is part of the challenge. It’s hard to write a series of articles on something that hasn’t been defined yet, but here at Tech Lab we like challenges. And from now on, whenever you see us talking about Web3, keep in mind that we are referring to the decentralized web.
To be continued...
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