According\nto the current estimates the number of internet users has\ndramatically increased from merely 738 million to more than 3 billion\nusers between 2000 and 2015. \n<\/p>\n\n\n\n
The\nnumber of users now is expected to be above 4 billion users and that\nmeans that there is an unfathomable quantity of data that is simply\nfloating around in the cyber realm and large digital corporations who\nknow that personal information is an exceedingly prized asset have\nstarted to filter and stockpile all this data in servers that are\ncentralised. \n<\/p>\n\n\n\n
Among\nthe biggest custodians of this data treasure is obviously Google,\nFacebook, Amazon and Twitter. The fact that users sacrificed their\npersonal security information just so that they can have access to\nthe convenience of these services were actually tracked and their\npersonal habits were recorded and sold to the highest bidders in the\nmarket whether they knew it or not was something that not just\ntranspired, but still transpiring either directly or indirectly. \n<\/p>\n\n\n\n
Web\n3.0 is a game changer as those who envisaged a more \u2018human\u2019 and\nprivate web experience were utterly disappointed. They hoped that\nthese rights to personal information would be returned to the\nrightful owners with the new revolution rather than being left in the\nhands of huge corporations whose motives were questionable, but as we\nknow now, that is not the case. \n<\/p>\n\n\n\n
However, on the flip-side, some \u2018platforms\u2019 have been able to do exactly this, and among them is the blockchain that carries with it \u2018a distributed ledger\u2019 that came along with \u2018Bitcoin\u2019. The idea behind it was the concept of \u2018decentralisation\u2019 riding on peer-to-peer digital storage. Web 3.0 is exactly that a \u2018humanised internet\u2019.<\/p>\n\n\n\n
Without a central point of control and middlemen eliminated from the equation, block-chain software technology has created a trust-less platform where rules cannot be skirted around and \u2018virtually unbreakable\u2019 and data is encrypted right to its core. User data will not be put or placed under the control of any corporations and authorities under government control will not possess the ability to remove sites or services. <\/p>\n\n\n\n
There\nwill not be a situation whereby a single entity will be or have\ncontrol over the identities of others without their express approval.\nWeb 3.0 will eventually become a reality with end users having full\ncontrol of their own data and control encryptions which means that\ndata can only be shared case-by-case and with permission.<\/p>\n\n\n\n
Exploitation\nby large corporations such as Amazon and Facebook that make billions\non user data from their server factories that store data will be a\nthing of the past. What you like to eat read or do will no longer be\npublic property as they are now as marketers and advertisers pay\nbillions annually for such data to find you among billions and sell\nto you.<\/p>\n","protected":false},"excerpt":{"rendered":"
According to the current estimates the number of internet users has dramatically increased from merely 738 million to more than 3 billion users between 2000 and 2015. The number of users now is expected to be above 4 billion users and that means that there is an unfathomable quantity of data that is simply floating […]<\/p>\n","protected":false},"author":1,"featured_media":72,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,11],"tags":[],"class_list":["post-60","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-topics","category-web-2-0-web-3-0"],"_links":{"self":[{"href":"https:\/\/www.onlineinvent.com.au\/blog\/wp-json\/wp\/v2\/posts\/60","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.onlineinvent.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.onlineinvent.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.onlineinvent.com.au\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.onlineinvent.com.au\/blog\/wp-json\/wp\/v2\/comments?post=60"}],"version-history":[{"count":1,"href":"https:\/\/www.onlineinvent.com.au\/blog\/wp-json\/wp\/v2\/posts\/60\/revisions"}],"predecessor-version":[{"id":61,"href":"https:\/\/www.onlineinvent.com.au\/blog\/wp-json\/wp\/v2\/posts\/60\/revisions\/61"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.onlineinvent.com.au\/blog\/wp-json\/wp\/v2\/media\/72"}],"wp:attachment":[{"href":"https:\/\/www.onlineinvent.com.au\/blog\/wp-json\/wp\/v2\/media?parent=60"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.onlineinvent.com.au\/blog\/wp-json\/wp\/v2\/categories?post=60"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.onlineinvent.com.au\/blog\/wp-json\/wp\/v2\/tags?post=60"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}