What are the characteristics of the Web 3.0 industry?

2022/12/10 14:44

Although the Web 3.0 industry is very hot, many people do not really understand this industry. So what are the characteristics of the Web 3.0 industry?

1. Decentralization

Decentralization is a core principle of Web 3.0. Information is no longer stored on a central server, but in distributed storage. Without a central point of control and the elimination of the intermediateTrader between data manufacturers and consumers, user data will no longer be controlled by tech giants such as Meta (Facebook) and Google, reducing the risk of corporate or government censorship, the effectiveness of denial-of-service (DoS) attacks, and ensuring that individual users’ private data or even retention of ownership.

2. Restlessness and permissionlessness

[deputization” in Web 3.0 is to allow participants to communicate and interact directly without going through a trusted intermediary;

[Permissionless” means that anyone can participate without authorization from the governing body. Therefore, Web 3.0 applications will run on a blockchain or a decentralized peer-to-peer network, or a combination thereof, such decentralized applications are also known as Apps.

3. Artificial intelligence and machine learning

In Web 3.0, through the concept of Semantic Web (Semantic Web) and the technology of natural language processing, computers will be able to understand information just like humans. Web 3.0 will also use machine learning to mimic human learning through data and algorithms. These functions are not limited to the current Behavior Targeting Advertising on the Internet, but will also be used in different fields such as drug design, materials development, and climate modeling.

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