In this article we will read about web 3.0 features and what does the future holds?

1. writinglove
Mar 17 · 4 min read · Listen
Web 3.0 app- Features and its importance in
future
An application running on a decentralised network, such as a blockchain, is
referred to as a Web 3.0 app. Web 3.0 App also referred to as decentralised
application or DApp.
Also Read:- Blockchain applications ideas for a Business Growth.
Unlike traditional web applications that depend on a central server for
processing and storing data. Web 3.0 apps host and validate transactions
and data using a distributed network of nodes.
Moreover, Apps built on the Web 3.0 platform are intended to be more
durable, transparent, and secure than older apps.
And in order to facilitate trustless interactions between parties, without the
need for middlemen or centralised authority, they frequently combine
cryptographic protocols and smart contracts.
In this article we will read about web 3.0 features and what does the future
holds?
Web 3.0 features
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2. These are some of the primary features of Web 3.0:
Decentralization
The shi towards decentralisation is one of Web 3.0’s most important
features.
Web 3.0 is based on decentralised networks, including blockchain
technology, which allow for trustless transactions and data exchange, as
compared to relying on centralised servers and platforms.
Interoperability
Regardless of the technology or platform that any application or service
uses, Web 3.0 is built to make it possible for them to operate together
e ortlessly.
With this, users are no longer constrained by segregated systems and are
free to share data and engage with a variety of services.
Semantic Web
Web 3.0 use semantic information to make data more meaningful and
intelligible to machines. With this, data can be integrated and arranged in a
way that makes it possible for intelligent search and analysis, producing
more specialised and pertinent results.
Arti cial Intelligence
The use of arti cial intelligence (AI) technology is projected to make Web
3.0 more intelligent. Task automation, data analysis, and tailored
suggestions and insights are all possible with AI.
Privacy and Security
Compared to the present web, Web 3.0 is intended to be more private and
secure. Smart contracts, decentralisation, and cryptography is used to
safeguard user data and stop unlawful access and manipulation.
How can we use Web 3.0 in our daily life?

3. Decentralized finance (DeFi)
Web 3.0 makes it possible to develop decentralised nance (DeFi) apps,
which can o er access to nancial services without the use of middlemen or
centralised authority.
Stablecoins, lending platforms, and decentralised exchanges are a few
examples of Web 3.0 DeFi applications.
People can handle their funds in a way that is more open, safe, and
economical.
Decentralized storage and sharing
Web 3.0 makes it possible to build systems for decentralised storage and
sharing, including IPFS and the Dat protocol.
People can store and exchange data in a form that is more secure, private,
and resistant to censorship by utilising these technologies.
Decentralized social media
The development of decentralised social media platforms like Mastodon and
Steemit is made possible by Web 3.0.
Without the aid of centralised authorities or advertising, individuals may
communicate with one another through the usage of these platforms in a
way that is more community-driven and privacy-focused.
Ownership and control of digital assets
Creation of digital assets that are owned and controlled by individuals as
opposed to centralised authority is made possible by Web 3.0.
Digital assets from Web 3.0 include decentralised domains and non-fungible
tokens (NFTs).
People can have more control over their online identities and intellectual
property by making use of these resources.
Smart contracts
Web 3.0 makes it possible to create smart contracts, which automate

4. agreements and transactions without the use of middlemen or centralised
authority.
Web 3.0 Future
In comparison to the present web, Web 3.0 claims to be more decentralised,
intelligent, and safe.
Moreover, Future versions of Web 3.0 may make it possible for decentralised
technologies like peer-to-peer networks and blockchain to power a new
generation of apps and services.
More privacy, transparency, and data control over their personal
information may be made available to users through these apps, along with
novel methods to engage with other people and digital assets.
Moreover, Web 3.0 may make it possible to develop new, more e ective,
egalitarian, and sustainable economic models and systems.
Bottom line
From banking to healthcare to social media, Web 3.0 apps have the potential
to disrupt a wide range of industries.
They can increase data privacy and security, lower transaction costs, and
allow new business models.
To become extensively used, they rst must overcome a variety of technical
and legal obstacles as they are still in the early phases of development.
What's your thoughts on Web 3.0 ? Do share your views in the comment
section below.
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