WEB 3.pptx is seminar for computer science students
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20 slides
Jun 27, 2024
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About This Presentation
Computer engineering or computer science
Size: 6.01 MB
Language: en
Added: Jun 27, 2024
Slides: 20 pages
Slide Content
WEB 3.0 The Future Of Web
WHAT IS WEB 3.0 Web 3.0, also known as the Semantic Web or the Decentralized Web, represents the next evolution of the internet, emphasizing decentralization, user empowerment, and intelligent data processing. Unlike the centralized nature of Web 2.0, where data is controlled by a few major companies, Web 3.0 aims to distribute data and services across multiple nodes using blockchain and peer-to-peer networks. It incorporates the Semantic Web, allowing machines to understand and process data more effectively through metadata and ontologies. This results in more personalized and relevant user experiences. Web 3.0 also prioritizes user privacy and control over personal data, often using decentralized identity systems and cryptographic technologies. Additionally, it supports smart contracts and decentralized applications ( dApps ), which enable trustless transactions and enhanced security. Overall, Web 3.0 aims to create a more user-centric, secure, and intelligent internet.
EVOLUTION OF WEB Web 1.0: The Static Web (1990s - early 2000s) Characteristics: Read-Only Content : Web 1.0 was primarily about reading information. Websites were static, consisting mainly of text and images. Limited Interaction : Interaction was minimal, with limited options for user engagement. Websites offered few possibilities for users to interact beyond simple forms. Basic HTML : Pages were built using basic HTML, with little to no use of CSS or JavaScript. Centralized Content Creation : Content was created and controlled by webmasters and content creators. Users were passive consumers. Simple Design : Designs were simple and functional, focusing on providing information rather than user experience.
EVOLUTION OF WEB Web 2.0: The Social Web (mid 2000s - early 2020s) Characteristics: Read-Write Content : Web 2.0 introduced the concept of user-generated content. Users could now contribute to websites through blogs, social media, wikis, and more. Increased Interaction : Websites became interactive, allowing for user comments, likes, shares, and other forms of engagement. Rich User Experiences : Use of advanced technologies like AJAX, CSS3, and HTML5 for dynamic and responsive web pages. Social Networking : Emergence of social media platforms like Facebook, Twitter, and YouTube enabled users to connect and share content. Collaboration : Tools like Google Docs allowed multiple users to collaborate in real-time. Platform Centralization : Large platforms (e.g., Google, Facebook) began to dominate, centralizing data and control.
EVOLUTION OF WEB Web 3.0: The Semantic and Decentralized Web(emerging) Characteristics: Semantic Web : Web 3.0 focuses on making data machine-readable through the use of metadata and ontologies, enhancing search and data integration. Decentralization : Utilizes blockchain technology to decentralize data and reduce the control of big tech companies, promoting peer-to-peer interactions. Artificial Intelligence and Machine Learning : AI and ML are used to understand, interpret, and respond to user data more effectively. Interoperability : Enables seamless data exchange and interaction between different platforms and devices. Enhanced User Privacy and Security : Improved data encryption and user control over personal information. Personalization : Highly personalized user experiences based on individual preferences and behavior.
FEATURES OF WEB 3.0 1. Decentralization Blockchain Technology : Web 3.0 utilizes blockchain to distribute data across multiple nodes, eliminating the need for central servers and reducing the power of intermediaries. Peer-to-Peer Networks : Data and transactions are exchanged directly between users, enhancing privacy, security, and data ownership. 2. Semantic Web Data Interoperability : Uses structured data formats (e.g., RDF, OWL) and ontologies to make data comprehensible and usable across different systems. Contextual Understanding : Improves search engines and applications by understanding the context and relationships of data, leading to more accurate and relevant results.
FEATURES OF WEB 3.0 3. Artificial Intelligence and Machine Learning Enhanced Personalization : AI algorithms analyze user behavior and preferences to provide highly personalized experiences and content recommendations. Natural Language Processing : Facilitates better human-machine interactions by enabling computers to understand and respond to human language more effectively. 4. Enhanced Privacy and Security Data Encryption : Advanced cryptographic methods ensure that user data is securely encrypted, protecting it from unauthorized access. User Data Ownership : Users have greater control over their personal data, deciding how and where their data is used and shared.
FEATURES OF WEB 3.0 5. Interoperability and Connectivity Cross-Platform Compatibility : Allows seamless interaction and data exchange between different applications, platforms, and devices. Internet of Things (IoT) Integration : Supports the interconnectivity of smart devices, enabling them to communicate and operate autonomously. 6. Enhanced User Interfaces and Experiences 3D Graphics and Immersive Experiences : Utilizes advanced graphics technology to create immersive environments, such as virtual reality (VR) and augmented reality (AR). Responsive Design : Ensures a consistent and optimized user experience across various devices and screen sizes.
ADVANTAGES OF WEB 3.0 1. Decentralization Reduced Control by Central Entities : Data is not stored in centralized servers, diminishing the control and influence of big tech companies. Resilience and Reliability : Decentralized networks are less vulnerable to single points of failure, making them more robust against outages and attacks. 2. Enhanced Privacy and Security Data Ownership and Control : Users have greater control over their personal data, including how it is used and shared. Advanced Encryption : Strong cryptographic techniques protect user data, making it more secure from unauthorized access and breaches.
ADVANTAGES OF WEB 3.0 3. Personalization and User Experience AI-Driven Personalization : AI and machine learning algorithms analyze user preferences and behaviors to deliver highly personalized content and recommendations. Natural Language Processing : Enhanced interactions through better understanding and processing of human language, improving user interfaces and accessibility. 4. Reduced Censorship and Content Control Freedom of Speech : Decentralized platforms reduce the risk of censorship by central authorities, allowing for freer expression and dissemination of information. Content Authenticity : Blockchain’s transparency and immutability help verify the authenticity of content, reducing misinformation.
ADVANTAGES OF WEB 3.0 5. Improved Search and Data Utilization Semantic Web Technologies : Enable more accurate and context-aware search results, improving the relevance and utility of information. Enhanced Data Integration : Allows for better data sharing and collaboration across different applications and services. 6. Trust and Transparency Immutable Ledgers : Blockchain technology ensures that all transactions and data entries are permanent and verifiable, reducing the potential for fraud and increasing trust. Trustless Interactions : Smart contracts enable transactions and agreements to be executed without the need for intermediaries, enhancing trust and reducing costs.
DISADVANTAGES OF WEB 3.0 1. Complexity and Usability Steep Learning Curve : The technology behind Web 3.0, such as blockchain and smart contracts, can be complex and difficult for average users to understand and use effectively. User Experience : Decentralized applications ( DApps ) often have less polished user interfaces compared to traditional centralized applications, which can hinder widespread adoption. 2. Regulatory and Legal Challenges Unclear Regulations : The regulatory environment for blockchain and cryptocurrencies is still evolving, leading to uncertainty and potential legal risks for users and developers. Compliance : Ensuring compliance with existing regulations (e.g., KYC/AML) in a decentralized framework can be challenging.
DISADVANTAGES OF WEB 3.0 3. Security Risks Smart Contract Vulnerabilities : While smart contracts are designed to be secure, they can contain bugs or vulnerabilities that can be exploited by malicious actors. Loss of Private Keys : Users are responsible for their private keys in decentralized systems. Losing a private key means losing access to one's assets and data, with no central authority to recover it. 4. Market Volatility Cryptocurrency Fluctuations : The value of cryptocurrencies can be highly volatile, impacting the stability of transactions and the economic viability of blockchain-based applications.
APPLICATIONS OF WEB 3.0 1. Finance and Banking : Decentralized Finance (DeFi) : Enables peer-to-peer lending, borrowing, trading, and asset management without traditional intermediaries. Tokenization : Facilitates fractional ownership of assets, including real estate and commodities, through blockchain-based tokens. Cross-Border Payments : Provides faster and cheaper cross-border transactions compared to traditional banking systems. 2. Healthcare : Secure Medical Records : Blockchain ensures secure storage and sharing of patient records, enhancing privacy and data integrity. Clinical Trials : Smart contracts automate and streamline processes in clinical trials, ensuring transparency and efficiency.
APPLICATIONS OF WEB 3.0 3. Governance and Public Sector : Decentralized Governance : Enables transparent and democratic decision-making through Decentralized Autonomous Organizations (DAOs). Voting Systems : Utilizes blockchain for secure and verifiable online voting systems, reducing fraud and enhancing voter trust. 4. Education : Credential Verification : Uses blockchain for secure and tamper-proof verification of academic credentials, reducing fraud and simplifying verification processes. Decentralized Learning Platforms : Facilitates direct interactions between educators and students, enabling personalized learning experiences.
STEPS IN DEVELOPING A WEB 3.0 APPLICATION Choosing a Blockchain Platform : Developers start by selecting a suitable blockchain platform such as Ethereum, Polkadot , Solana, or others, depending on their specific needs like scalability, transaction speed, and supported features. Smart Contract Development : Smart contracts are self-executing contracts with the terms directly written into code. Developers use languages like Solidity (for Ethereum) or Rust (for Solana) to write smart contracts that define the rules and logic of their application. Setting Up Development Environment : Developers set up their development environment, which includes tools and frameworks like Truffle, Hardhat, or Remix for writing, testing, and deploying smart contracts. Front-End Development : Building the user interface (UI) using front-end technologies such as React.js, Vue.js, or Angular. This UI interacts with the blockchain through APIs like Web3.js (for Ethereum) or libraries provided by the blockchain platform.
STEPS IN DEVELOPING A WEB 3.0 APPLICATION 5. Integration with Blockchain : Developers integrate their front-end with the blockchain network to interact with smart contracts and retrieve data. They use APIs and libraries to send transactions, read data from the blockchain, and listen for events. 6. Testing and Security Audits : Thorough testing of smart contracts and the entire application to ensure functionality and security. Security audits may involve code reviews and formal verification to identify and fix vulnerabilities. 7. Deployment and Hosting : Deploying the smart contracts to the blockchain network and deploying the front-end application. Developers choose hosting options that support decentralized applications, ensuring availability and scalability. 8. User Onboarding and Support : Creating documentation, tutorials, and providing support to onboard users and help them understand how to use the Web 3 application. 9. Iterative Development and Updates : Continuously improving the application based on user feedback, adding new features, and optimizing performance.
LANGUAGES USED IN DEVELOPING WEB 3 APPLICATIONS SOLIDITY Solidity is a smart contract language designed specifically for Ethereum. It is used to write and deploy smart contracts that govern the behavior and logic of decentralized applications ( DApps ) on the Ethereum blockchain. Solidity is crucial for implementing token contracts, decentralized finance (DeFi) protocols, and various other DApps . RUST Rust is gaining popularity in Web 3.0 development due to its performance, safety features, and suitability for building blockchain infrastructure. It is used to develop blockchain protocols, runtime environments, and tools for platforms like Polkadot's parachains and Solana's smart contracts. Rust's memory safety and concurrency features make it well-suited for building robust and efficient blockchain applications. JAVASCRIPT JavaScript (often with Node.js) is used for developing front-end interfaces and integrating with blockchain networks via APIs. Frameworks like Web3.js and ethers.js facilitate interactions with smart contracts, querying blockchain data, and sending transactions. JavaScript is versatile and widely used in Web 3.0 development for its compatibility with web browsers and its ecosystem of libraries and frameworks.
CONCLUSION In conclusion, Web 3.0 represents a transformative leap in the evolution of the internet, ushering in an era of decentralization, enhanced security, and user empowerment. By leveraging blockchain technology, artificial intelligence, and semantic web capabilities, Web 3.0 aims to create a more transparent and trustless digital ecosystem where users have greater control over their data and online interactions. This paradigm shift promises to foster innovation, promote privacy, and democratize access to information and services. As we move forward, embracing the principles and technologies of Web 3.0 will be crucial in shaping a more equitable and interconnected digital future.