Top 5 Developments in Web 3.0 We Will See in the Next Five Years

Top 5 Developments in Web 3.0 We Will See in the Next Five YearsThe internet started its journey with web 1.0. During this time, websites were like documents, and users had no way to interact with them.

Then came web 2.0, where the World Wide Web became more interactive. That’s when sites like became popular among players.

Even in the earlier days of the WWW, people could now post on forums and enjoy simple social media websites like Orkut.

Today, websites have turned highly engaging, and the internet is full of exciting experiences. Yet, web 3.0 is coming with noteworthy trends and things to look out for.

Here are the top 5 developments in web 3.0 expected in the coming five years.

Consumer Ownership of Data

We create a ton of data when we interact with websites and apps. However, we don’t own our data, collected freely by companies like Google or Facebook.

In web 3.0, consumers will be able to own their data. Moreover, they may be able to sell their data to companies using technologies like NFTs or non-fungible tokens.

Users will have complete control over their data in web 3.0.

The Infiltration of Blockchain Technology

Blockchain technology is not limited to just cryptocurrencies today. Rather, blockchain and smart contracts are powering a range of decentralized apps and systems.

We can expect this trend to dominate in web 3.0 and a higher adoption by businesses. For example, an insurance company may use blockchain to disburse money to clients without any central authority monitoring the process.

The Rise of the Metaverse

The Metaverse is still in development but has attracted the interest of big brands already. From Facebook to Nike, many businesses are investing in the virtual world.

It works like open-world games such as DOTA or GTA, where you can control a digital avatar. So, you may be able to own land or buy shoes from virtual shops when web 3.0 finally launches.

More Machine-Readable Websites

Search engines like Yahoo or Google try to provide accurate results for search terms. However, they must be able to scan a website properly to provide the right search results.

Websites will become more machine-readable in web 3.0. We are already encountering this trend in our time, but technology will advance to make it highly accurate.

Web 3.0 will rely on artificial intelligence (AI) and machine learning (ML) for the process.

Immersive Experiences

Web 3.0 will thrive on immersive experiences. We will see companies leveraging technologies like virtual reality (VR) and augmented reality (AR) on a higher level. However, these uses will not remain limited to just entertainment.

Rather, VR and AR will resolve actual user pain points and make way for a better life. Google Lens comes close to being an example, but we can expect more advanced uses.

Final Thoughts

Web 3.0 is just around the corner and waiting for us to dive in. Users can look forward to owning their data and diving into immersive experiences. The internet will also become more efficient at communicating what we want and delivering the right information. Moreover, exciting developments like the Metaverse are taking shape.