Web 3.0 – as the name suggests – is the 3rd generation of internet services where websites and apps will be able to process information (and therefore data) with a machine-based understanding, derived from a like-human interpretation – only inevitably smarter.
Due to Web 3.0 being the next iteration of the web, it potentially will be hugely disruptive – representing a big paradigm shift similar to that of the dot com bubble.
Talks about web 3.0 began as early as the year 2001, yet we still have not even started with its implementation.
What Are Web 3.0’s Defining Features?
Decentralisation
Decentralisation is where there is no central host, particularly for data. Users can freely interact and collaborate with information that is served from multiple locations, simultaneously.
Decentralisation ensures that users retain ownership control of their data.
No Intermediary & Permission-less
To access information, in Web 3.0, you no longer need to go through a “middle man” that is someone who would act as a link between people. An example of this is any social media site as of today (2021) – Facebook, Twitter, YouTube…
They set the policies and the permissions – by your account.
Permissionless is where anyone can participate without authorisation from an organisation.
Due to this, Web 3.0 applications will operate on blockchains or decentralised peer-to-peer (or a combination of the pair). Either way, these are known as Decentralised Applications or dApps.
Artificial Intelligence
Artificial Intelligence (AI) is where information is interpreted by computers, just like a human would. This results in machines being able to take action and make decisions just like we would. At Smart City Operating System (scOS) this is our sole focus – for now.
Ubiquity
Web 3.0’s information and content are now able to be accessed via multiple applications – having the capacity to be everywhere, at the same time. Ubiquity strengthens the useability of Internet of Things (IoT) devices – another favourite area of scOS.
