RoadMap Of The New Internet Revolution: Web 1.0- Web 3.0

Web 3.0 is the future of internet evolution as it revolutionizes to create a drastic change in the life of entrepreneurs. A number of investments in this on-growing industry continue to emerge by kick-starting N number of businesses in different business arenas. It acts as hardcore proof stating that Web 3.0 — Is The Future Of the Internet.

The market size of Web 3.0 hit $3.2B in 2021 and is predicted to grow at a percentage of 43.7% to reach a whopping $81.5 Billion by 2030.

As of now, there are 3 interactions in the world of the internet and it is simply defined as,

Web 1: Read

Web 2: Read-write

Web 3: Read-write-own

Web 1.0

Web 1.0 actually worked on a basic level that has almost zero interaction with the users.

Web 2.0

Epoitome primary usage of Web 2.0 is the ability to read-write on the web. Anyone can contribute to the WWW by writing social media content and get’s it posted in online.

Web 3.0

Web 3.0 acts as security to the data and secures it by integrating with blockchain technology. Blockchains can secure users’ data in an organized way in the form of blocks. It is immutable and validated by a consensus through asymmetric cryptography like keys or digital signatures.

Web 3.0 is highly capable of building a strong bond in between the business and customers. It streamlines crypto transactions by initiating buy, sell and transfer crypto’s at the fastest rate. It also offers strong support for the real estate industries by eliminating intermediaries while processing a transaction.

Not only in real estate, but it also supports decentralized apps, web 3.0 exchange, metaverse, online event platforms, e-store, social media, gaming, etc.Anyone can avail these services with the support of Web 3.0 Development Company. By the way, users get enriched with the ultimate smooth internet experience with the latest technologies.