<aside> 💡 Web 3.0 (also known as web3) is the third iteration of the internet that interconnects data in a decentralized way to deliver a faster and more personalized user experience. It is built by using artificial intelligence, machine learning and the semantic web, and uses the blockchain security system to keep your information safe and secure.
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The defining characterisitics of web 3.0 are decentralization, openness and incredible user utility.
The idea beahind using th esemantic web is that it understands and interprets the context and concept of the data. Therefore, when a user searches for an answer, web 3.0 delivers the most accurate and relevant result to the end-user.
Web 3.0 will enable all of us to be compensated for our time and data: “people have been exploited by tech firms - essentially, deceived into giving valuable data away with little or no compensation from the firms who collect and benefit from it. Instead, with web3 people should be paid for the data they share.”
This means that users will be able to sell their own data to advertisers while still retaining ownership and data privacy. In addition, web3 will enable websites and applications to use data more meaningfully and tailor the information to each user.
Hence, this third generationof the web is an Internet where you will enjoy personalized interactions with machines and websites in the same manner as when you communicate with any other human.
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