Introduction To Web 3.0

You simply cannot fully understand a movie sequel without watching the prequel. Web 3 is the third phase of web technology, and essentially, to best understand Web 3, we have to quickly reflect on the evolution of web technology starting from Web 1.

History of Web Technology

Web 1

Web1 is literally a static, read-only web where people can visit a website to read information. The primary purpose of Web1 was to find information primarily by leveraging technologies like HTML, HTTP and URL.

Web 2

In 1999, Web2, the new generation of the Web, was born. This is the stage of the evolution we are all familiar with because, for the first time, people could engage on the internet via social media and blogs even before smartphones and mobile computing existed.

The core innovation drivers of Web 2 are mobile technology (smartphones), social networking, and cloud computing, and these three layers of innovation revolutionalized our daily lives with companies such as Google, Facebook, Microsoft, and Amazon spearheading Web 2 adoption, becoming the infamous "big-tech."

"Big tech's" prominence led to many issues related to the mismanagement of user data, unfair treatment of smaller businesses, and threat to free speech.

Web 3