Web 3.0: The Decentralized Web Blockchain networks and Protocol Innovation

Abstract

The current web 2.0 is about connecting people. In which the social media platforms were invented, and the concentration of development was focused on the application layer. There are different approaches to think about web 3.0, some; would say the future is when we have a semantic web others would argue that the future is the virtual web. In this paper, we will talk about another direction to think about the future web called the decentralized web. To enhance the web, we should be concerned with solving the problems that we have and the problems that these platforms have created. The decentralized web is focused on developing protocols and the underlying technologies that are not noticed by end users. This paper gives an overview of the challenges in the current web 2.0. Describes the decentralized web, and what are the technologies that are in development now.