The biggest advantages and disadvantages of Web 3.0

Web 3.0 is a term used to describe the third generation of the technology that enables the World Wide Web.

Web 3.0 is not a single standard, or even a set of standards. Rather, it encompasses a prevailing set of trends and technological approaches. For example, one of the initial components of Web 3.0, the Semantic Web, was first proposed in 1989 Web 3.0 is also commonly associated with the concept of a decentralized web, where there is no central authority managing interactions. A cornerstone of the decentralized approach is the use of both distributed ledger technology and blockchain technology.

Web 3.0 also relies on related blockchain-based technologies, especially cryptocurrency, decentralized applications (dApps) and non-fungible tokens. Another aspect of Web 3.0 is broader use and integration of artificial intelligence in web operations.