What a web 3.0 does is that it uses a technology cryptocurrency together with technology of Web 2.0. In other word, web 3.0 introduced the idea of cryptographic keys to confirm the real owner of an online assets like game items, website, and also some important information that you shared online. So people may say that their is nothing wrong with web 2.0. Yes, there's nothing wrong with it, it is amazing and that is what made us use it for some decade now.
Though the idea of web 3.0 did not drop into people's mind not until cryptocurrency came and people now how an idea of the down fall of web 2.0 through it centralization. People now see web 3.0 as a solution to the centralization. Users are web 2.0 are only worried about the big companies like Google, Facebook, WhatsApp and so on are collecting and using their information.
One of the major thing that web 3.0 is here to do is to protect the user's information and that means that you own the data you give to these big companies. For instance, when you use some of the big companies technology like Facebook or Google, you will giving them your information without even knowing it. They know everything about you, your location, the amount of time you spend on there website and they can use information to connect you with people you or even sell you products.
PERSONAL PRIVACY
So, what web 3.0 technology want to solve is to reduce this and have more privacy when using the Internet. Unlike Google products and Facebook attaching your account to an email address, you could be linked to a particular wallet address. Your activities on the online have to be sign by you with your private key and know can use that social media unless they have your private key. The main reason for this that they don't want anyone to know your steps.
ASSET OWNERSHIP
Since you the owner of your information, you can choose to sell it anyone want sell it to instead of companies like Google selling your information to advertisers.
A lot of people are wondering if everything will be web 3.0, I think everything shouldn't be web 3.0 because you can use ownership of asset digital identity for everything. For instance, if you search for educational stuff on google, you will not privacy tools for that because you're only trying to learn. Web 3.0 will only be needed for Facebook or any website that you use email address to login in and instead of using email address and password, you will have to use your private key. Web 3.0 provide solution to a particular problem like ownership of asset asset and digital identity.
Most of the big companies like Facebook and Google will not use web 3.0 technology because they want have access to your information and it will take away their income source.
I seriously believe that web 3.0 will change a lot of thing in the internet space. Although the Internet. In my opinion, you being in the web 3.0 space at an early or have the advantage to sell your data won't make you rich but you can became a web 3.0 developer and being pay handsomely. Thank you for reading.
https://twitter.com/olaspecial17/status/1541854099796369409?s=20&t=UYJrp0qE6wkNkGtletFRng
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Hello dearest friend
Thank you very much for giving such an informative post.
I enjoyed going through your post and I hope to read more of your interesting post.
#steem-on 💙
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Thank you for contributing to #LearnWithSteem theme. This post has been upvoted by @Reminiscence01 using @steemcurator09 account. We encourage you to keep publishing quality and original content in the Steemit ecosystem to earn support for your content.
Regards,
Team #Sevengers
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Thank you @Reminiscence01 for the upvote.
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Thank you for publishing on "Learn with Steem". I appreciate your effort and time in educating Steemians through Tutorials and lessons. However, we are looking out for quality content in this theme. You are encouraged to improve the quality and presentation of your content. Your content is below average and I believe you can do better.
I look forward to your next submission.
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I will definitely improve.
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You have discussed a very good topic in your post. I have learned something new. Thanks for sharing important things.
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I am glad you love it.
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Web 3 is an amazing concept, thansks for sharing
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You have done a great article about web 3.0 technology and you have done deep research on this topic. Thank you very much for this detailed article.
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Web3.0 is undoubtedly the future of the world on internet
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