Web 3.0: The future of the decentralized Internet

Web 3.0 technology represents the evolution of a decentralized Internet that is focused on the desires and needs of users. Decentralization plays an important role in transferring power from providers to users, protecting privacy and regaining control over their information and data. With the evolut...

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Main Author: Božić Tamara
Format: Article
Language:English
Published: Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac 2023-01-01
Series:Trendovi u Poslovanju
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2023/2334-816X2301068T.pdf
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author Božić Tamara
author_facet Božić Tamara
author_sort Božić Tamara
collection DOAJ
description Web 3.0 technology represents the evolution of a decentralized Internet that is focused on the desires and needs of users. Decentralization plays an important role in transferring power from providers to users, protecting privacy and regaining control over their information and data. With the evolution of the Internet, users would not need the third party to communicate and perform transactions, and users would be protected from the influence and profiteering of a third party. To stay consistent with its principles of transparency, decentralization, invariability of information and availability, Web 3.0 is designed to function on the principle of blockchain technologies. Blockchain technologies provide the effect of transparency, where every change or transaction can be traced in the network chain. Digital signatures, in the form of code, ensure interaction and authorization between users without the influence of a third party. The method of comparability, analysis of content and historical method were applied in this research. The comparability is made on the evolution of the Internet through the stages and impact on users. The comparative method is important for evaluating the efficiency of the Internet and its effect on users. The historical method was used for the chronological research of phenomenon. The analysis method was used in the content analysis of the literature. The subject of this research is the development of Web technologies and a closer explanation of the concept of Web 3.0, its importance and impact on users. The goal of this research is to point out all the advantages and innovations that Web 3.0 could bring to users.
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institution Kabale University
issn 2334-816X
2334-8356
language English
publishDate 2023-01-01
publisher Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac
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series Trendovi u Poslovanju
spelling doaj-art-f4a210c3036042ddb5d3d259f89e7b902025-02-10T19:38:25ZengVisoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, KruševacTrendovi u Poslovanju2334-816X2334-83562023-01-01111687610.5937/trendpos2301068B2334-816X2301068TWeb 3.0: The future of the decentralized InternetBožić Tamara0Beogradska Bankarska Akademija, Beograd, SerbiaWeb 3.0 technology represents the evolution of a decentralized Internet that is focused on the desires and needs of users. Decentralization plays an important role in transferring power from providers to users, protecting privacy and regaining control over their information and data. With the evolution of the Internet, users would not need the third party to communicate and perform transactions, and users would be protected from the influence and profiteering of a third party. To stay consistent with its principles of transparency, decentralization, invariability of information and availability, Web 3.0 is designed to function on the principle of blockchain technologies. Blockchain technologies provide the effect of transparency, where every change or transaction can be traced in the network chain. Digital signatures, in the form of code, ensure interaction and authorization between users without the influence of a third party. The method of comparability, analysis of content and historical method were applied in this research. The comparability is made on the evolution of the Internet through the stages and impact on users. The comparative method is important for evaluating the efficiency of the Internet and its effect on users. The historical method was used for the chronological research of phenomenon. The analysis method was used in the content analysis of the literature. The subject of this research is the development of Web technologies and a closer explanation of the concept of Web 3.0, its importance and impact on users. The goal of this research is to point out all the advantages and innovations that Web 3.0 could bring to users.https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2023/2334-816X2301068T.pdfweb 3.0decentralizationusersblockchain technologyevolution
spellingShingle Božić Tamara
Web 3.0: The future of the decentralized Internet
Trendovi u Poslovanju
web 3.0
decentralization
users
blockchain technology
evolution
title Web 3.0: The future of the decentralized Internet
title_full Web 3.0: The future of the decentralized Internet
title_fullStr Web 3.0: The future of the decentralized Internet
title_full_unstemmed Web 3.0: The future of the decentralized Internet
title_short Web 3.0: The future of the decentralized Internet
title_sort web 3 0 the future of the decentralized internet
topic web 3.0
decentralization
users
blockchain technology
evolution
url https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2023/2334-816X2301068T.pdf
work_keys_str_mv AT bozictamara web30thefutureofthedecentralizedinternet