Web3 Fundamentals

WEB3 FUNDAMENTALS
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Web 3.0, also known as web3, is the third generation of the
internet that focuses on decentralized data interconnections. It
aims to provide faster and more personalized user experiences
through decentralization, user utility, and openness.
Web 3.0 also enables the semantic web, which understands the
context and concepts behind data to provide accurate and
relevant answers to user queries.
One of the main issues web 3.0 addresses is the exploitation of
user data by large companies, allowing users to control their
data and assets and earn compensation for their data and time
in specific applications or services.
What is Web 3.0?

Features of
Web 3.0
Open
Trustless
Permissionless
Accessibility

Open Web 3.0 solutions are open-source, meaning
they are developed with the support of the
open-source community and web 3.0
developers.
They are also transparent, as any activity in
web 3.0 is visible to the public.

Permissionless
Web 3.0 technologies are permissionless, meaning
that users and service providers do not need
permission from centralized institutions to access or
interact with them.
Decentralization is a key principle of web 3.0
blockchain solutions, enabling users and providers
to interact without needing permission.

Trustless Web 3.0 offers a trustless environment,
allowing users to interact privately or
publicly without intermediaries and
the need to trust third-party
applications or service providers.
This trustless feature is a valuable
advantage for web 3.0 use cases.

Accessibility Web 3.0 aims to make the internet
accessible to anyone, anytime and
from any location.
In the future, the internet may not be
limited to computers and
smartphones.

The main motivation behind the development of web 3.0 is the
desire for decentralization. Web 3.0 aims to democratize access to
data and digital services and promote innovation by
decentralizing control from large companies to user communities.
The shift towards decentralization with web 3.0 blockchain
solutions addresses the problems of fragmentation and
centralization in the digital landscape, including the need for
permission to use products and the negative impact on
innovation.
The internet has undergone a series of improvements and
evolution since its inception, leading to the current web 3.0 stage.
From Centralized to Decentralized

Web 1.0 Web 1.0, the first era of the internet,
was characterized by the use of open
protocols, such as HTTP, TCP, SMTP,
and IP.
These protocols laid the foundations
for the internet we use today and saw
a peak in innovation, with many top
digital companies establishing
themselves during this time.

Web 2.0 During the web 2.0 era, businesses developed
proprietary protocols, leading to a shift towards
centralization. This period saw the rise of
e-commerce and content creation, but also raised
concerns about data privacy.
The need for an alternative led to the development
of web 3.0, which offers the benefits of web 2.0
without the centralization and data privacy issues.
The certified web 3.0 professional course on 101
Blockchains can provide more information about
the evolution of the web.

Web 1.0 was characterized by static pages used for displaying
information, while web 2.0 allowed for user-generated content
and dynamic web pages.
However, web 2.0 had centralized control, leading to issues with
data privacy. Web 3.0, on the other hand, offers the benefits of web
2.0 without these restrictions, enabling decentralized control and
giving users control over their data.
It also improves the customer experience and utility through
open-source protocols that are accessible to the user community.
Web 3.0 represents a significant milestone in the evolution of the
internet.
Web 1.0 vs. Web 2.0 vs. Web 3.0

Web 3 Technology Stack
Application Layer
Component Layer
Protocol Layer
Network Layer
Infrastructure Layer

Blockchain is a key technology behind web 3.0, enabling decentralized data
storage and interactions. Web 3.0 relies on blockchain to provide a secure
and transparent platform for decentralized applications and services.
Through the use of smart contracts, blockchain allows for automatic
execution of agreements and the transfer of assets without the need for
intermediaries. This not only increases efficiency, but also enhances trust
and security in online transactions.
Blockchain's decentralized nature also gives users more control over their
data and assets, as it is not stored in a single location and is resistant to
tampering and censorship. Overall, blockchain is playing a significant role in
the development and implementation of web 3.0.
How Blockchain is Affecting Web 3.0?

Web 3.0, focuses on decentralized data interconnections and the
semantic web. It aims to provide faster and more personalized user
experiences through decentralization, user utility, and openness,
and addresses issues such as the exploitation of user data by large
companies.
The metaverse, on the other hand, is a collective virtual shared
space, created by the convergence of virtually enhanced physical
reality and physically persistent virtual space, including the
internet.
While web 3.0 and the metaverse are related in that they both rely
on decentralized technology and aim to enhance user experiences,
the metaverse goes beyond the internet to create a fully immersive
virtual reality world.
Difference between Web 3 and Metaverse

How Can
Businesses Utilize
Web 3.0?
Data Safety
Interoperability
Smart Contracts
NFT Merchandising

Use Cases Of Web 3.0
DeFi Protocols
DAOs
Creator Economy
User Privacy
Metaverse
Blockchain Games
No Censorship
Content Management

Necessary Skills for Career in Web 3.0
Determine the essential skills
needed for web 3.0
Establish a strong foundation
in web 2.0
Learn the key terms in web 3.0
Develop blockchain, cryptocurrency,
and smart contract skills
Enhance programming abilities
Demonstrate professional experience

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Certified Enterprise Blockchain
Professional (CEBP)™
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Certification Programs
Certified NFT
Professional (CNFTP)™
Certified Metaverse
Professional (CMP)™
Certified Web 3.0
Professional (CW3P)™
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/certified-web3-professional/
/certified-nft-professional/

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Web3 Fundamentals

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