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Web3 (also known as Web 3.0) [1] [2] [3] is an idea for a new iteration of the World Wide Web which incorporates concepts such as decentralization, blockchain technologies, and token-based economics. [4] This is distinct from Tim Berners-Lee's concept of the Semantic Web.
Web3, also called Web 3.0, is the name given to a decentralized web movement that is sometimes described as a "read/write/own" stage of internet development. It focuses on decentralizing the underlying infrastructure of the internet, shifting away from centralized data storage and management using new protocols and technologies.
The history of the Internet and the history of hypertext date back significantly further than that of the World Wide Web. Tim Berners-Lee invented the World Wide Web while working at CERN in 1989. He proposed a "universal linked information system" using several concepts and technologies, the most fundamental of which was the connections that ...
Web3 is all anyone in tech can talk about. So what's it all about, and is it the next version of the internet. The answer is yes and no?
The Semantic Web, sometimes known as Web 3.0 (not to be confused with Web3), is an extension of the World Wide Web through standards [1] set by the World Wide Web Consortium (W3C). The goal of the Semantic Web is to make Internet data machine-readable .
In early 2009, the nonprofit technology consortium Khronos Group started the WebGL Working Group, with initial participation from Apple, Google, Mozilla, Opera, and others. [10] Version 1.0 of the WebGL specification was released in March 2011.
It plays a key role in building the infrastructure of Web3. The Computing sector consists of projects that decentralize the sharing, storing, and transmission of data by removing intermediaries ...
Cryptocurrencies and the metaverse may be going through growing pains, but Web3 is anything but dead in the business world. From revolution to real-world value: How companies can benefit from Web3 ...