One word. Ownership.
Web 2.0 - the internet as we currently know it- is simply the interactive internet. Gone are the days of static web pages and users simply being consumers. In web 2, users now have the opportunity to generate large-scale content by interacting with and providing webpages information. The price of this interactivity is the rise of big data and big tech leveraging off it. Platforms like Facebook, Google and YouTube have amassed vast amounts of user information and over the years, web 2 has been marked by innumerable data and privacy breaches, all thanks to targeted advertising, the thorn in our collective flesh. In a bid to make a profit off user-generated content, platforms have turned users into products, and today we have less and less control over how our data is being used.
To solve these data and monopoly concerns is web 3.0.
Web 3 is an iteration of the internet with the singular ideal of reclaiming user ownership by drastically minimizing data, privacy, and security concerns through a decentralized internet powered by one thing; blockchain technology. Decentralization is the core value of the ongoing third evolution of the internet. Unlike web 2.0, in web 3.0, the internet is for the people and by the people. You and I- the users- will become owners. We will own our data, our content and have the opportunity to make a profit off it. Because centralized authorities will not exist in web 3, there will be no censorship, fewer data privacy concerns, and more security.
The future with web 3 is one that amongst other things, promises complete ownership to its users, a stark difference from what we currently see in web 2. Perhaps with this evolution we can now justify the phrase, power to the people.
This article is my first task as a student in the Zuri Blockgames x Nestcoin program.
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