Web 3.0

E19883

Web 3.0 is the envisioned next generation of the internet characterized by decentralization, blockchain-based technologies, and user-owned data and digital assets.

Aliases (1)

Statements (48)
Predicate Object
instanceOf concept
internet paradigm
technological vision
aimsTo enable trust-minimized interactions
increase user control over data
reduce reliance on centralized intermediaries
alsoKnownAs Web 3.0
surface form: "Web3"
associatedWith Ethereum ecosystem
cryptocurrencies
decentralized autonomous organizations
metaverse concepts
self-sovereign identity
basedOn blockchain
distributed ledger technology
characterizedBy blockchain-based technologies
decentralization
user-owned data
user-owned digital assets
contrastsWith Web 2.0
criticizedFor high energy consumption of some blockchains
regulatory uncertainty
speculative token markets
usability challenges
distinctFrom Tim Berners-Lee semantic web vision
emergedIn late 2010s
emphasizes censorship resistance
interoperability of protocols
open-source development
permissionless access
token-based incentives
enables decentralized applications
decentralized finance
non-fungible tokens
smart contract platforms
tokenized digital assets
follows Web 2.0
goal align network value with network participants
create a more open and user-owned internet
popularizedBy cryptocurrency communities
promotes composability of services
data portability
economic alignment between users and platforms
relatedTo semantic web
supports community-driven protocols
on-chain governance models
uses consensus mechanisms
peer-to-peer networks
public key cryptography

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Web 3.0 alsoKnownAs Web 3.0
this entity surface form: "Web3"
Web 2.0 precedes Web 3.0
this entity surface form: "Web3"

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