The pandemic has brought a huge change in the technological sector. We can say that 2022 will bring in new trends and predictions for cryptocurrencies and blockchain technology, to become the foundation of the internet’s latest development- Web 3.0.
Tim Berners Lee had originally referred to Web 3.0 as ‘Semantic Web’. It has the potential to build a more sovereign and open internet. It is a new hybrid of the internet, which aims to become the decentralized version of this virtual world. The foundation of cryptocurrency and blockchain technology is decentralised protocols. A Web 3.0 works through these protocols, a powerful synergetic relationship will be formed between Web 3.0, cryptocurrencies, and blockchain technology. Here are mentioned, top 10 Web 3.0 trends to look out for in 2022.
1* Artificial Intelligence: Artificial intelligence or AI, is one of the most important Web 3.0 innovations, our generation has ever witnessed. It uses a variety of techniques like pattern learning and AI technologies as well as data to link people and to create new content, such as photographs, video, text, etc.
2* BAAS: is a brand-new trend in blockchain technology. It is a cloud-based service that enables customers to work with the blockchain to create digital products.
3* The Semantic Web: Web 3.0, was originally referred to as Semantic Web by Tim Berners Lee. The Semantic Web involves web principles, that are extended from documents to data, like that of a data web.
4* Decentralised Technology: In Web 3.0, blockchain will exercise Peer-to-Peer (P2P) technology principles, to merge cryptography and consensus algorithms, scale systems of decentralisation among the large population, and replace the traditional databases, which are currently in use.
5* NFT’s will Power up Web 3.0 Movement: The primary element to boost the Web 3.0 movement is non-fungible tokens, the digital collectibles transacted with cryptocurrency. In the decentralised Web 3.0 future, NFT’s can be easily monetised by the creators with open standards. It will also lay the foundation for creators to associate with their users like never before.
6* 3D Interactive Web Technology: Be it geospatial contexts or e-commerce, the border between physical and online is slowly declining.
7* The Social Web: In Web 3.0, social media, will be largely defined by decentralised technology. For example, a social media platform, which is built on a blockchain network will work without centralisation, through incentive structures.
8* Low Code Application Building Software: The presence of a strong internet has been a blessing for many businesses, especially during lockdowns. Mobile applications are one of the most valuable assets every company can behold.
9* Flux: Flux’s aim is to provide the groundwork for the developers to build a new iteration of the web 3.0.
10* Cloud Technology: It allows organizations to work from anywhere in this world.
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