WHAT IS WEB 3.0 ?
The evolution of the internet can be broken down into three phases web 1.0,web 2.0 and web 3.0.Most of the internet we know as web1.0 read only websites. User can only read, no write, there are no interactivity.This is equivalent to the digitalize of traditional newspapers .The right to create, control and benefit from information belongs to website platform.
Web 2.0 is where we are today, you can see the rise of the users generated contents.The most typical example is social media such as Facebook and Twitter. Users can create their own content on the platform. But the value and control over that content belongs to the platform. The issue with this is centralization, these big tech companies own your data and use it to manipulate you.
In order to be more equal and democratic, web 3.0 came into being. Web 3.0 include decentralization; trustlessness and permissionlessness; artificial intelligence (AI) and machine learning; and connectivity and ubiquity. It is a decentralized protocol via blockchain, to achieve the separation of internet management and user data control rights.Users created content into digital assets and through smart contracts and blockchain to ensure that the digital asset cannot be tampered with and deprived of. So as to realize who creates, who owns, who benefits three in one value system. In web 3.0 users are the owner of the data and the content, and users will get rewarded for the participation.