Web 3.0 will also make use of machine learning and artificial intelligence to help empower more intelligent trends and adaptive applications. Web3 embraces decentralization and is being built, operated, and owned by its users. Web3 uses blockchains, cryptocurrencies, and NFTs to give power back to the users in the form of ownership. It is the next stage of innovation with the internet. Here are mentioned, top 10 Web 3.0 trends to look out for in 2023.
Decentralized Technology: In Web 3.0, blockchain will exercise Peer-to-Peer (P2P) technology principles. Web3 is decentralized: instead of large swathes of the internet controlled and owned by centralized entities, ownership gets distributed amongst its builders and users.
Artificial Intelligence: AI, is one of the most important Web 3.0 innovations, AI and ML are other key features of Web3 with growing importance in artificial intelligence and ML. It uses a variety of techniques like pattern learning and AI technologies as well as data to link people and create new content.
3D Interactive Web Technology: Web 3D refers to interactive 3D technology that one can use through a web browser. 3D interactive web technology in Web 3.0 will include virtual identities, interactions, and many more, which will grow in use.
The Social Web: In Web 3.0, social media, will be largely defined by decentralized technology. A Web 3 social platform is inseparable from NFTs as a vehicle that allows creators ownership of their creation and an access pass for holders.
BAAS: BAAS, which stands for Brands as a Service, is a brand-new trend in blockchain technology. It is a cloud-based service that enables customers to work with the blockchain to create digital products. It is a regulated industry and for businesses and consumers to interact with these financial services they need to gain access to banks.
Flux: Flux is the trustless data layer for web3. Flux is a cross-chain oracle that provides smart contracts with access to economically secure data feeds on anything. With the help of Flux, one can develop Web 3.0 applications and decentralized projects.
The Semantic Web: The term "Semantic Web" refers to W3C's vision of the Web of linked data. The Semantic Web involves web principles, that are extended from documents to data, like that of a data web.
NFT's will Power up the Web 3.0 Movement: The primary element to boost the Web 3 movement is non-fungible tokens, the digital collectibles transacted with cryptocurrency. It will also lay the foundation for creators to associate with their users like never before.
Low Code Application Building Software: Low-code development is a visual drag-and-drop technique for development that enables enterprises to build applications considerably faster and with less hand-coding. As Web 3.0 has stepped in, the trend of wiping out the low-code or no-code app creations has sprung up.
Cloud Technology: Cloud technology allows organizations to work from anywhere in this world. As companies have started to open up after lockdowns, they are likely to shift away from the hastily constructed cloud services, toward cloud-native systems, as they are prepared for this uncertain future.
