Visvesvaraya Technological University
“JNANASANGAMA”, BELAGAVI, Karnataka– 590 018
A
Seminar Report
on
“Web 3.0: The Future of Internet”
[Information Search and Presentation (ISAP)]
BACHELOR OF ENGINEERING
IN
ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING
Submitted by
TRISHA RAJ
USN: 4CI22AI049
DEPARTMENT OF ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING
Kodava Education Society®
COORG INSTITUTE OF TECHNOLOGY
(Accredited by NAAC ‘A’ Grade, Approved by the AICTE, New Delhi & Affiliated to VTU, Belagavi)
Halligattu, Ponnampet-571216
2023-24
ABSTRACT
The continuous evolution of the Internet has opened unimaginable opportunities and
challenges in web based education and learning. The traditional version of web i.e. Web 1.0
started as a Read only medium; the next version Web 2.0 established itself as Read/Write
medium. Now the currently evolving version of web, viz., Web 3.0 is said to be a
technologically advanced medium which allows the users to Read/Write/Execute and also
allows the machines to carry out some of the thinking so far expected only from the human
beings. In a short time, Web 2.0 and now Web 3.0 have created new tools and technologies
for facilitating web based education & learning. To begin with, this paper discusses some
definitions of the Web 3.0, its evolution and characteristics. Next, we have discussed about
the possible future Web 3.0 technologies, trends, tools and services that will assist in the areas
of online learning, personalization and knowledge construction powered by the Semantic
Web.
CONTENTS
ABSTRACT
CHAPTER 1 : INTRODUTION
CHAPTER 2 :
[2.1] WEB 1.O
[2.2] WEB 2.O
[2.3] WHAT’ S WRONG?
CHAPTER 3 : WEB 3.O : THE FUTURE OF INTERNET
CHAPTER 4:
[4.1] ADVANTAGES OF WEB 3.O
[4.2] DISADVANTAGES OF WEB 3.O
CONCLUSION AND REFERANCE
SNAPSHOTS
CHAPTER 1
INTRODUCTION
For about last two decades, the World Wide Web(WWW) is being used to
improve communication, collaboration, sharing of resources, promoting active
learning, and delivering of education in distance learning mode. The WWW
helps teachers in planning suitable online delivery structure, sharing goals of
learning, and activities for their courses. In recent years, many of the universities
and educational institutions world wide offer online services such as for
admissions, virtual (online) learning environments in order to facilitate the
lifelong learning and to make this compatible with other educational
management activities. For example, a teacher may create a purely Web-based
delivery system including online handouts in respect of student’s activities,
projects and lists of resources for reference.
The students and other learners may access web based material anytime from
any where in the world, being connected through Internet. Since the 1990s when
the World Wide Web was established, it has evolved from the earlier versions,
viz. Web l.0 to Web 2.0, and finally is evolving into the newest version, viz.,
Web 3.0. In respect of different versions of web, the Wikipedia states: “Web 1.0
is Read Only, static data with simple markup for reading. Web 2.0 is Read/Write
dynamic data through web services customize websites and manage items. Web
3.0 is Read/Write/Execute."
CHAPTER 2
Web 1.0 (1991-2005): The Read-Only Web
Imagine a vast library where you can only read books, but you can't write in them or even take
notes. That's essentially what Web 1.0 was like. Websites were static pages created by
webmasters and served up to users who could only passively consume the information. Think
Britannica Online or the early days of Yahoo!.
 Static content: Websites were mostly text-based with limited multimedia elements
 One-way communication: Users couldn't interact with websites or other users.
 Limited functionality: There were few web applications, and most websites were
purely informational
 Slow internet speeds: Downloading even basic web pages could take minutes
Web 2.0 (2005-present): The Participatory Web
With the advent of faster internet speeds and user-friendly tools, Web 2.0 ushered in a new
era of interactivity and collaboration. Users became active participants in the web, not just
passive consumers. Think social media platforms like Facebook and YouTube, blogs, wikis
like Wikipedia, and online communities.
 User-generated content: Users create and share their own content, such as videos,
photos, and articles.
 Interactive features: Websites allow users to interact with each other and the content,
such as through comments, likes, and shares.
 Dynamic content: Websites are constantly updated with fresh content and user
interactions.
 Social media: Social media platforms play a central role in connecting people and
sharing information.
 Web applications: Web applications provide rich and interactive experiences, blurring
the lines between websites and traditional software.
WEB 2.0 : What’s Wrong ?
Web 2.0 has revolutionized the way we interact online, but it's not without its
flaws. Here are some of the key criticisms of Web 2.0:
Centralization and Data Control:
 Power in the hands of few: A handful of big tech companies like Google,
Facebook, and Amazon control vast amounts of user data and online
platforms. This raises concerns about data privacy, censorship, and
manipulation.
 Limited user agency: Users have little control over how their data is used
or how platforms operate. This can lead to feelings of powerlessness and
frustration.
Content Moderation and Censorship:
 Platforms police content: Web 2.0 platforms often moderate content
aggressively, sometimes removing legitimate content or stifling free
speech in the name of preventing harm.
 Echo chambers and filter bubbles: Algorithms can create personalized
content feeds that reinforce existing beliefs and limit exposure to diverse
viewpoints.
Monetization through User Data:
 Data as the new oil: Web 2.0 platforms collect and monetize user data
without always being transparent about how it's used or obtaining
explicit consent. This raises concerns about surveillance capitalism and
exploitation.
Security Vulnerabilities:
 Centralized systems attractive to attackers: Large, centralized platforms
are prime targets for hackers and data breaches, putting user data at risk.
 Dependence on trust in corporations: Users must trust these platforms to
handle their data securely, which can be problematic given past instances
of data breaches and privacy violation
CHAPTER 3
WEB 3.0 : THE FUTURE OF INTERNET
Web 3.0 promises a significant shift in how we experience the internet, moving
away from the limitations of Web 2.0 and introducing exciting new
possibilities. Here's a breakdown of Web 3.0 and its potential advantages:
 Decentralized: Power shifts from big tech companies to individual
users through technologies like blockchain.
 Semantic Web: Machines understand data meaning, enabling smarter
interactions and personalized experiences.
 AI-powered: Artificial intelligence drives features like content creation,
recommendations, and natural language processing.
 Ubiquitous: Web access expands beyond devices to seamlessly integrate
into everyday objects and environments.
 3D Web: Immersive experiences through virtual and augmented reality
open up new possibilities for gaming, socializing, and commerce
 Blockchain
CHAPTER 4
4.1 : ADVANTAGE OF WEB 3.0
Greater user control and ownership:
 Data ownership: You own and control your data, deciding how it's used
and shared. No more data silos or privacy concerns from centralized
platforms.
 Digital assets: You can own digital assets like NFTs (non-fungible
tokens) and cryptocurrencies, creating new investment opportunities and
ownership models.
 Decentralized platforms: Open-source protocols and applications give
users more power over how platforms operate and evolve.
Enhanced privacy and security:
 Decentralized networks: Less vulnerable to single points of failure and
cyberattacks, protecting user data and ensuring service continuity.
 Stronger data privacy: Blockchain technology enables transparent and
secure transactions, making data manipulation and unauthorized access
more difficult.
 User-controlled privacy settings: You have more control over what
personal information is shared and who can access it
Personalized and intelligent experiences:
 Semantic web: Machines understand the meaning of data and content,
enabling more personalized and relevant search results, recommendations,
and interactions.
 AI-powered applications: AI tailors content and services to your specific
needs and preferences, creating a more engaging and user-friendly
experience
Democratization and open access:
 Open standards and protocols: Foster competition and innovation,
empowering smaller players and diverse voices to contribute to the web's
development.
Remember, Web 3.0 is still under development, and challenges like scalability,
user adoption, and security need to be addressed. However, the potential
advantages highlighted above offer a glimpse into a more user-centric, secure,
and equitable future for the internet.
4.2 : DISADVANTAGE OF WEB 3.0
Web 3.0, while promising a more user-centric future, comes with its own set of
challenges and potential drawbacks. Here are some key disadvantages to
consider:
Steep learning curve: Understanding and using Web 3.0 applications requires
familiarity with blockchain technology, cryptocurrencies, and decentralized
systems, which can be daunting for non-technical users.
Scalability issues: Current blockchain technology can struggle with high
transaction volumes, potentially hindering widespread adoption and smooth
user experience.
Accessibility concerns: Access to Web 3.0 functionalities may be limited for
users with older devices or lacking sufficient internet infrastructure.
Potential for scams and fraud: Decentralized systems open new avenues for
scams and fraudulent activities, requiring users to be extra cautious and
vigilant.
Loss of private keys: Losing access to your private keys can permanently lock
you out of your digital assets and identities.
Environmental impact: Some blockchain systems used in Web 3.0 can be
energy-intensive, raising concerns about their environmental footprint and
sustainability.
Regulation and enforcement challenges: Decentralized networks pose
challenges for traditional regulatory frameworks, potentially creating gray
areas for illegal activities and consumer protection
It's important to approach Web 3.0 with both enthusiasm and caution. While
the potential benefits are significant, understanding the potential drawbacks and
risks is crucial for ensuring a safe, equitable, and responsible development of
the next generation of the internet
CONCLUSION
WEB 3.O is the third generation of internet services for websites and
applications that will focus on using a machine based and understanding of data
to provide data driven and systematic web.
The ultimate goal of web 3.O is to create more intelligent, connected and open
website.
REFERANCE
https://www.investopedia.com/
https://www.forbes.com/advisor/investing/cryptocurrency/what-is-web-3-0/
https://en.m.wikipedia.org/wiki/Web3
https://www.fireblocks.com/web3-request-access/
SNAPSHOTS