As absurd as it may seem, this is going to happen to you soon.
The number of digital transformations that our world has undergone is difficult to keep up with. We are always changing, perhaps for the better or worse (read: iRobot). Nevertheless, we discuss Web 3.0 technologies today and what they mean for social media. Although it had already been planned out before the Covid era, the pandemic merely served to accelerate it.
Web 3.0 offers several advantages that regular users are not aware of—only hardened nerds and professionals. But since that’s our purpose here, allow us to share what we know about Web 3.0 technologies with you.
WEB 3.0: WHAT IS IT?
Web3, which is expected to be the best version of the internet yet, has already generated some controversy. Some people adore the concept of a decentralised organisation, while others are a little more sceptical.
Web3 is an improvement over earlier Web generations that had little to no end-user privacy and were either read-only (Web 1.0) or read and write (Web 2.0). Web 2.0 has some flaws even if it appeared to be wonderful. One of the failures of web 2.0 was the perception that the network slowed down because a lot of data was being shared at once on the network.
Web 3.0 is based on a decentralised blockchain technology system (Web 3.0 blockchain), which will provide all the benefits that a decentralised system can provide in light of the numerous blockchain-related advances.
WEB3’S IMPACT ON SOCIAL MEDIA
The Web3 exception would consist of:
1. Privacy of Data
When there are no other parties involved, you can keep what is yours and share what you desire. This aspect also contributes to establishing the hotly contested principle of “free speech,” which permits people to express their thoughts without worrying about facing repercussions.
2. “I’m sorry, but my account has been hacked; please don’t open any of my messages.”
Put an end to the times when your accounts and different important data were frequently compromised. Since the blockchain is the foundation for all of your digital assets, you have complete anonymity. Peer-to-peer networking will also be available in Web 3.0, enabling connections and networking with others without being intercepted.
3. Better comprehend your users.
Social media is impacted by Web 3.0 due to its mining methods. Web 3.0 has the ability to analyse user postings, comments, likes, and other interactions. As a result, users will have a fantastic user experience and be given content recommendations.
4. Have access to your data whenever and wherever you want.
With the arrival of Web3, your data is stored at decentralised hubs and can only be accessed by you. Web2 stores your data at centralised places like Google, Amazon, etc. (Creating a power storage system is difficult when using decentralised storage hubs; we’ll talk more about that later.
5. Today is the future
You can retrieve 3D information with Web3 (yep we will talk about the fun stuff now). Add 3D content to your social media with help of web3 social media app development or, use AR and VR to engage with your followers, organise virtual events, travel, or even take part in live events from the comfort of your home.
WHY IS THE REVOLUTION STOPPING?
Web3 has significant drawbacks that can only be overcome by educating the public about them. The fact that users have unrestricted access to their content is a huge disadvantage in terms of user control.
Additionally, there is a steep learning curve, which can be problematic for early adopters. What else? Businesses already established on Web2 may find it challenging to move to Web3. They want the support of web 3.0 businesses in India for it to happen.
Finally, web3 can only run on a few devices and may be pricey for the majority of people because it has a lot of rich data.
Web 3.0 is on its way, and it’s coming hard. Although it is fascinating and has a bright future, we must be aware of its impacts and how we may use it more effectively. We need to enlist the help of a blockchain developer to assure an accurate application.