Evolution of Internet Technologies: From Web 1.0 to Web 3.0
Three technologies introduced under Web 1.0 were HyperText Markup Language (HTML)
- The formatting language used to structure a website; Uniform Resource
Locator (URL) - A unique address to identify websites; and HyperText Transfer
Protocol (HTTP) - A machine-to-machine protocol to load websites using Hypertext
links.
As the first
websites were read-only, with no other way of interacting with the content,
users were passive observers rather than active participants. The limitations
were evident in the one-way flow of information as websites posted as Digital Billboards presenting information without encouraging or inviting feedback.
More advanced
technologies introduced under Web 2.0 were the upgraded HTML5 -The final
version of this formatting language; Cascading Style Sheets (CSS) - A programming language to enhance the style and layout
of websites; and Javascript - A scripting language which fuses with HTML and
CSS to create dynamic interactive websites and mobile applications.
Web 2.0 revolutionised online interactivity, user-generated content began to shape the digital landscape through the emergence of social media and online communities, users can now interact with the content, post comments, share their opinions and transact online.
Instead of being found through a URL on an individual server, information will become decentralised based on its content and simultaneously stored in different locations. This effect will give ownership rights to users and more content control which will affect the massive databases currently held by internet giants such as Google and Meta.
As an open source software Web 3.0 will provide a secure channel allowing users to interact directly without going through platforms that currently hold and manage your personal data like Google and Facebook. Users have no right to remove the advertisements displayed on these platforms unless they are removed through a paid subscription, Web 3.0 will enable peer-to-peer interaction with the users of the content through new gateways like Brave Browser that block annoying privacy invading advertisements and trackers.
Blockchain is a shared database which stores data in blocks linked together via cryptography that enables transparent recording transactions and is commonly known for its use in cryptocurrency systems.
Smart contracts for automated transactions are self-executing agreements run on blockchain that automate processes when predefined conditions are met. This eliminates intermediaries, streamlines transactions, and epitomises the future innovations to come from Web 3.0.
Web 3 transparency provided through Blockchain has the potential to transform supply chain management. Blockchain ensures that every step in a products journey is recorded through immutable data making it easier to track and verify the condition of products as they flow through the supply chain.
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