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Seminar topic on-

WEB 3.0
Presented-
Roll : 45121117 No :023
Reg. No. : VU211013827
Session : 2021-2022

Guided by- Mr. Prakash Manna


Tables of Contents
1] What is WEB 3.0
2] History of WEB
3] Advantages
4] Disadvantages
5] Application of WEB 3
6] Example of WEB 3
7] Conclusion
8] Bibliography
What is web 3.0
• Web 3.0 represents the next
evolution of the internet, building
upon the decentralized nature of
blockchain technology

• Web3 aims to create a decentralized


online ecosystem.
History of web

1990-2005 2006-Present Future


Basic web page Social Media Semantic web
Html Mobile access dApps
Apps NFTs
Ecommerce
High speed Premissionless Blockchain
Java & javascript communication Artificial Blockchain
Global internet access Interoperability
Advantages

Decentralization
User Empowerment and Ownership
Transparency and Trust
Interoperability
Financial Inclusion and Accessibility
Disadvantages

Complexity and Usability


Scalability Issues
Regulatory and Legal Challenges
Environmental Concerns
Application of web3

• Blockchain technology

Blockchain is a decentralized, distributed


ledger technology that records
transactions across multiple computers
in a secure and immutable manner.
Continue

• Smart contract
Smart contracts are self-executing
contracts with the terms of the
agreement directly written into lines of
code.
Continue

• Cryptocurrencies and Tokens

Cryptocurrency is a digital or virtual


form of currency that use for secure,
transparent, and immutable
transactions.
Continue

• DeFi

allow users to lend and borrow


cryptocurrencies without a central
financial institution
Using smart contracts to manage
terms and conditions.
Continue

• DApps

DApps are applications that run on


a decentralized network instead of
being hosted on a single server.
Continue

• NFT
An NFT (Non-Fungible Token) is a
unique digital asset that represents
ownership of a specific item or
piece of content, such as art, music,
or videos, using blockchain
technology to verify its authenticity
and ownership.
example

• The beeple NFT • MetaKovan


• Created by Mike Winkelmann
Conclusion
Web 3.0 is a revolutionary technology that has the potential to
decentralize and make the online space autonomous.

 It could lead to a more transparent and equitable internet where


individuals have more control over their data and online
interactions.

There are still obstacles and restrictions, such as scalability and


user-friendliness, that must be overcome before Web 3.0 can be
widely accepted.
Bibliography
• The Metaverse: Buying Virtual Land, NFTs, VR, Web3 &
Preparing for the Next Big Thing!
Author-Terry Winters

• The Spatial Web


Author-Gabriel René, Dan Mapes
• Academy- https://www.avast.com
• TechTarget- https://www.avast.com
• Wikipedia- https://en.wikipedia.org
• FreePik- https://www.freepik.com
THANK YOU

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