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Web 3.0

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  • Post last modified:October 2, 2024
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Web 3.0

Web 3.0 is the next generation of the Internet and web development solutions. It is not a specific technology, but rather a collection of technologies and concepts that are currently a work in progress to create a more efficient and secure Internet.

  • The global Web 2.0 blockchain market will generate a revenue of 23.3 billion by 2028.
  • According to 43% of consumers want Web 3.0 to be more heavily regulated than Web 2.0.
  • So far, 438 Web 3.0 firms have raised over $4.5 billion in funding.

One of the key technologies driving Web 3.0 is blockchain, which enables the creation of decentralized applications and systems that can operate independently of centralized control. Other key technologies include artificial intelligence, IoT for embedded development, and augmented reality.

In short, Web 3.0 is going to have a widespread impact on the way we interact with the Internet, and is definitely one of the top technology trends in 2024 to watch as it continues to grow and evolve.