Examples of Web3 and Web 0 Applications

Web3 Applications

  1. Uniswap: An exchange giving the opportunity to exchange tokens without the participation of a mediator.
  2. OpenSea: A centralized venue for sellers and buyers of NFTs and the place where NFTs can be exchanged.
  3. MetaMask: An Ethereum enabled purse through which users can interface with applications utilizing Funds’ blockchain.

Web 3. 0 Applications

  1. Google Knowledge Graph: Improves and refines on the results a user is seeking as it factors in the inter connectiveness of words and gives more proper information.
  2. Amazon Alexa: A voice helper for an individual that uses artificial intelligence to reply and perform particular tasks with reference to the composite user data.
  3. Nest Thermostat: An Internet of Thing that adapts to users’ behaviors to actively regulate home environment temperature.

Web3 vs Web3.0: Whats the difference?

The development of the World Wide Web has set certain milestones that have changed people’s experience of using information networks. At the moment, two terms are mainly used: Web3 and Web3.0, they are becoming important when it comes to debating the future of the internet. As much as both of them have a similar name, they are two different concepts and approaches. The purpose of this article is to show the differentiation between Web3 and Web3.0, to know about them and their classification as well as their functions.

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Does Web3 and Web3.0 Mean the Same?

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What is Web3?

Web3 is a concept in the evolution cycle of the internet that is developed on the principles of decentralization using blockchain technology. It was first introduce by the Ethereum co-founder Gavin Wood. Web3 is based on three key concepts which are decentralization, trust minimization and built-in crypto-assets....

What is Web 3.0?

Web 3.0 or the Semantic Web was described as a evolution of the present internet to enable people to better benefit from the web by automating the processing of contents. This concept was initiated by Tim Berners-Lee the founder of the world wide web....

Web3 vs Web3.0

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Examples of Web3 and Web 3.0 Applications

Web3 Applications...

Conclusion

In conclusion, Web3 and Web3. 0 shows various but equally significant changes to the development of the internet. Web 3 involves decentralization and operating as a user-controlled platform over a person’s digital life and through the utilization of blockchains. Web3.0, on the other hand, is an initiative that has set a goal to make the internet become intelligent and interconnected utilizing the help of the AI and semantic technologies. It is important to understand these differences as both have the ability to shape the future relations on the World Wide Web....

FAQs related to Web3 vs Web3.0

1. Are Web3 and Web3.0 the same thing?...