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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 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 .
W3C comprised various companies that were willing to create standards and recommendations to improve the quality of the Web. Berners-Lee made the Web available freely, with no patent and no royalties due. The W3C decided that its standards must be based on royalty-free technology, so they can be easily adopted by anyone.
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 ...
Web3 (sometimes referred to as Web 3.0), a general idea for a decentralized Internet based on public blockchains. Topics referred to by the same term This disambiguation page lists articles associated with the title Web 3.0 .
Solid (abbreviation from Social Linked Data) [1] is a web decentralization project led by Tim Berners-Lee, the inventor of the World Wide Web, originally developed collaboratively at the Massachusetts Institute of Technology (MIT).
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. [11]