The Evolution of Web
Quyen, Ha (2023)
2023
All rights reserved. This publication is copyrighted. You may download, display and print it for Your own personal use. Commercial use is prohibited.
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-202303234059
https://urn.fi/URN:NBN:fi:amk-202303234059
Tiivistelmä
The World Wide Web (WWW) has undergone several eras over its lifetime. The arrival of Web3 marks a new chapter in the growth of WWW. This thesis aims to provide an overview of the growth of the WWW and to delve into Web3, the technological aspect of Web 3.0. The study covers the technical workings of Web3, its applications, importance, and limitations.
Specifically, Web 3.0, based on blockchain technology, allows for direct peer-to-peer interactions without intermediaries, breaking away from large companies ‘centralized control over services and information. This makes Web 3.0 both an evolution of Web 2.0 and a paradigm shift that may fundamentally change how industries function and people interact online. Next, the workings of Web3 are described by utilizing three primary components, namely, front end, back end, and data storage. The applications of Web3, such as decentralized finance (DeFi), non-fungible tokens (NFTs), decentralized autonomous organizations (DAOs), and Metaverse, are subsequently focused upon. Additionally, the importance and significant challenges encountered by Web3 are emphasized. Finally, the current status of Web 2.0 and the future of Web 3.0 are discussed.
The study was conducted through a thorough process of gathering information from various sources, including academic journals, books, online articles, and other relevant documents related to the WWW. This thesis offers valuable insights for readers interested in gaining a comprehensive understanding of the history of the WWW, particularly Web3.
Specifically, Web 3.0, based on blockchain technology, allows for direct peer-to-peer interactions without intermediaries, breaking away from large companies ‘centralized control over services and information. This makes Web 3.0 both an evolution of Web 2.0 and a paradigm shift that may fundamentally change how industries function and people interact online. Next, the workings of Web3 are described by utilizing three primary components, namely, front end, back end, and data storage. The applications of Web3, such as decentralized finance (DeFi), non-fungible tokens (NFTs), decentralized autonomous organizations (DAOs), and Metaverse, are subsequently focused upon. Additionally, the importance and significant challenges encountered by Web3 are emphasized. Finally, the current status of Web 2.0 and the future of Web 3.0 are discussed.
The study was conducted through a thorough process of gathering information from various sources, including academic journals, books, online articles, and other relevant documents related to the WWW. This thesis offers valuable insights for readers interested in gaining a comprehensive understanding of the history of the WWW, particularly Web3.