The step from what we use today to access information, engage in conversations, and store our data has been strictly monitored and taken advantage of, but this is changing with the rise of web 3.0.
We have constantly been made aware of how our personal data has been used to manipulate us into making decisions that we previously may not have taken.
But now, as the world is transitioning to an alternative, we can begin to uncover the key advantages of using this new type of internet architecture. This article will explain what web 3.0 offers, and what you can gain from using it.
Hasn’t it been frustrating when you dedicate a lot of your time to creating something, and after sharing it online, it becomes exploited? This is something that a web 3.0 architecture will solve, as ownership over any information, or data, uploaded across the web 3.0 will be accredited to the creator.
Furthermore, if that piece of content generates any revenue, then the subsequent compensation will be rewarded to the creator. Due to the blockchain, we can now keep a very detailed, trustless database of information about ownership. Something that isn’t entirely possible in the current online architecture.
What’s most important, to many users, is the exploitation of personal data. As accessibility will ultimately be peer-to-peer, the collection and use of our personal data won’t be apparent, as all online activities across a web 3.0 architecture will have limited association with our offline identities.
This is partially one of the major incentives that many users are still yet to learn, and once the technology within the industry matures, the accessibility of information, while remaining anonymous will become more seamless.
Within the web 3.0, all the information and data will be distributed and stored on hundreds, if not millions, of distributed servers among numerous locations, meaning accessibility to information could, in theory, always be accessed.
The benefit of this is users won’t have to endure censorship from third parties but instead be given the freedom of open information accessible from anywhere across the globe, without limitations.
Of course, there are drawbacks to this, but, many companies are actively working on solutions that can create the right type of balance that assimilates similar safety protocols we see today. As mentioned before, the technology isn’t mature enough.
A popular understanding of a web 3.0’s decentralization is the possibility that users can access other users’ servers to increase their network speeds. For online functionality, this is a huge step toward an extremely fast network that isn’t restricted by centralized server bottlenecks when accessing the internet.
So, people will be able to utilize a web 3.0’s network to stream, download, upload, store & retrieve data, and participate in online gaming without encountering high latency issues.
Although we are still a few years away from web 3.0’s promises of becoming a reality, we are already beginning to see signs of its true potential, and with it, a new way in which the world can access digital information.