Web3
Web 3 - how much is hype?
13/03/22 15:44
Web 3 is receiving a lot of press coverage at the moment. Its advocates are promising an open, devolved web where users are in control of their own data and where everything is secured on a blockchain.
The evolution of the web and its further evolution to Web 3 can be summarised thus:
Web 1.0 comprised limited bandwidth connectivity, more desktop than mobile devices, static web pages, emerging search capabilities and users who had to make an effort to find and then consume content.
Web 2.0 is the world wide web we have today. It is based upon the concept of the web as a platform, now focused on mobile and desktop user devices, widely available high bandwidth connectivity, with large amounts of user created dynamic content (social media is one example), quick and easy search capabilities, and with supporting services making content easy to publish (on some platforms only).
It is a client server model that gives a very rich user experience. However, it is mainly the large tech giants who own the platforms and the global hosting capabilities who can monetise the users’ use of their platforms and services.
Web 3.0 is the proposed next iteration of the world wide web, based upon blockchain (distributed ledger technology – DLT), the equivalent of the enabling TCP and IP networking protocols, with applications and services sitting upon it.
There are a many key issues to be resolved, not least those of Governance, the development of 'globally accepted standards', subsequent choices of technologies and lastly the vendors and their products that will form the new Web 3.0 infrastructure and services.
We are at the start of the journey with many years ahead before Web 3.0 becomes as ubiquitous as today's public internet and the world wide web. If you are interested in Web 3.0 we have published a White Paper which is available on request.
The evolution of the web and its further evolution to Web 3 can be summarised thus:
Web 1.0 comprised limited bandwidth connectivity, more desktop than mobile devices, static web pages, emerging search capabilities and users who had to make an effort to find and then consume content.
Web 2.0 is the world wide web we have today. It is based upon the concept of the web as a platform, now focused on mobile and desktop user devices, widely available high bandwidth connectivity, with large amounts of user created dynamic content (social media is one example), quick and easy search capabilities, and with supporting services making content easy to publish (on some platforms only).
It is a client server model that gives a very rich user experience. However, it is mainly the large tech giants who own the platforms and the global hosting capabilities who can monetise the users’ use of their platforms and services.
Web 3.0 is the proposed next iteration of the world wide web, based upon blockchain (distributed ledger technology – DLT), the equivalent of the enabling TCP and IP networking protocols, with applications and services sitting upon it.
There are a many key issues to be resolved, not least those of Governance, the development of 'globally accepted standards', subsequent choices of technologies and lastly the vendors and their products that will form the new Web 3.0 infrastructure and services.
We are at the start of the journey with many years ahead before Web 3.0 becomes as ubiquitous as today's public internet and the world wide web. If you are interested in Web 3.0 we have published a White Paper which is available on request.