Practical benefits of Web 3.0
Web3 is the latest iteration of the Internet. It relies largely on blockchain technology, artificial intelligence, and machine learning (AI). It aims to provide an open, connected, intelligent web of decentralized websites and online apps.
Gavin Wood, the co-founder of Ethereum and founder of Polkadot, popularized the term “Web3” in 2014. According to his description, Web3 is a “decentralized online ecosystem built on blockchain.”
While Web 2.0 focuses on dynamic websites and user-generated material hosted on centralized websites, Web3 will give people more control over their online data.
Let us take a look at the practical benefits of Web3
- Data ownership: Web3 based on blockchain will give people complete control over their data. There will be no single entity in charge of Web3, so decentralized apps (dApps) cannot be censored or restricted in access.
- Security: Blockchain technology is secure and tamper-proof; data cannot be altered or hacked without detection of tampering, unlike the existing system where information can be easily duplicated or stolen without the user knowing.
- Transparency: the decentralized web allows users to track their data and view the platform’s source code. The value and the company they are associated with will always be known to all stakeholders. This information can be accessed directly without the need for an intermediary.
- Uninterrupted services: The data is stored on distributed nodes of Web3, so that technical problems or other factors do not cause an interruption of services or suspension of a particular account.
- Improved marketing: sellers can better understand buyers’ needs with the help of Web3, which is driven by AI. Customers interested in buying these goods and services are displayed by them. The ads that consumers see will be more relevant and helpful.
- Customized web experience: as websites will be better able to recognize our choices, they will provide a more personalized web browsing experience. A web app analyzes how we use the Internet and what we do online. It then adapts to our device, location, etc.
Switch to Web3 and #DeCloudYourself
Spheron gives clients and developers a decentralized way to deploy a web application that runs on the blockchain.
With blockchain, we enter Web 3.0, a decentralized web where data is not controlled or recast by monopolists, but by the user itself. Spheron allows you to deploy your apps to the decentralized cloud, which is 5x more cost-effective than centralized providers.
