7 Reasons to Embrace Web 3.0 — and 7 Challenges it Brings
The Web 3.0 Foundation, an organization created by Gavin Wood in 2017, Its mission is to promote cutting-edge applications for decentralized web software protocols, tells us:
“Web 3.0 seeks to return to the initial idea of the internet, when it was decentralized, open source and based on nodes. Nowadays we all depend on the big providers, but if one of their servers goes down, we cannot use applications like WhatsApp, Netflix or Uber. We want Web 3.0 not to depend solely on one provider”, Ursula O’Kuinghttons, spokesperson and participant of Parity, the subsidiary of the Web 3.0 Foundation that develops one of the software to make this possible, told Cinco Días.
According to the expert, it’s already a reality, only that its elements have been developed over the years and its technology has not yet been assimilated by the general public. Examples of Web 3.0 technology that exist today are cryptocurrency decentralized finance and metaverse platforms.
This technology ushers in the third generation of Internet services for websites and applications that focuses on knowledge creation and the semantic web using machine-based information understanding. Creating smarter, linked, and more open websites is one of the main goals of Web 3.0.
