CRYPTO ECOSYSTEM IS A REFERENCE FOR THE CREATION OF WEB 3.0

Technological evolution does not stop; web 2.0 joins the concept of decentralization of the network, where the blockchain will allow users to own their information and assets, leaving aside many ideas that contribute to the monopoly that currently exists on the Internet. If you want to trade in bitcoin, there are platforms like Big Money Rush.

The metaverse and the blockchain are just some concepts that people will need to become familiar with regardless of age; it is time to learn about Web 3.0 and its properties and benefits.

This new concept joins the NFTs; both images have generated a lot of commotion and attraction as it takes internet browsing higher than cryptocurrencies and decentralized finance.

What brings new Web 3.0?

Web3 refers to the evolution of the Internet that we know, and its principal characteristic is that it will be a decentralized internet, and for this, it will use blockchain technology.

One of the most relevant characteristics of Web 3.0 is the decentralized services and finances that will be carried out in this digital environment, with the option of carrying out various actions in a democratic setting.

In addition to the transparency and security offered by blockchain technology, where records are inviolable.

Identity and privacy on this website will also be different. The identity will be linked to the user’s wallet, which participates in web 3.0.

While in web 2.0 authentication methods, email and password, the user is almost always required to provide private and personal data, in web3, digital wallets are entirely anonymous unless the user decides publicly link them to your identity.

But at the same time, web3 is a model where you have to own tokens or digital assets to participate.

It includes artificial intelligence, 3D graphics, the semantic web, and omnipresence.

Blockchain is linked with web 3

Aside from artificial intelligence and 3D printers, blockchain and its underlying technologies are the driving force behind the next generation of the World Wide Web.

Thanks to the blockchain, web three will be decentralized because it will eliminate intermediaries and facilitate secure international P2P transactions without the need to trust third parties.

With the advent of cryptocurrencies, decentralized networks arose, and as these digital currencies are adopted, the creation of decentralized financial applications and platforms increases.

It also supports the so-called Non-Fungible Tokens (NFT ), which certify digital assets’ ownership.

Through this web3, it is sought that the use of currencies such as Bitcoin is more direct and where humans would interact more closely with machines.

The new evolution of the Internet

The appearance of the Internet in the world caused a fundamental transformation in a globalized world.

However, with the appearance of cryptocurrencies, there was less excited about the value proposition that such a powerful financial tool brought, whose main objective was to attack the world’s economic processes at the root.

Although he created bitcoin during a reasonably severe economic crisis in the United States and due to a rebound in many power economies worldwide, there was much mistrust in its use and management.

Only now, almost ten years after its creation, people are beginning to digest such an innovative investment option to counteract inflationary processes by balancing what is available and what investors are in the future.

It is a precedent for the new boom that moves the technological world, such as web3.

It will anchor financial operations to cryptocurrencies and the blockchain. As a result, the financial market will be fully digitized, operating from anywhere in the world and with a process response of around 5 seconds.

Conclusion

Now, given that cryptocurrencies are a decentralized system that generates native money from the Internet, the relevance of this new website for users who use this type of currency is extraordinarily positive since they know the concepts of blockchain and how it is handled by technology.

However, much of this website has been primarily focused on centralized services run by large corporations. For example, Google, Amazon, and Facebook (now Meta) are the leading companies with almost total control of Web2.

With the participation of blockchain technology, users will have access to the possibility of generating income through the contribution of users with the platform by executing small tasks without neglecting the interaction with people from all over the world through the avatars in their virtual worlds.

We are facing a new technology that will take us headlong due to the number of changes it proposes and to which we are not used and much less prepared, but if we have evolved from web 1.0 to web 2.0, I do not think it is impossible to advance to the web 3.