Does Web 3.0 already exist?

Web 3.0 has not yet been implemented , so there is no solid definition. It took over ten years to transition from the original web, Web 1.0, to Web 2.0, and it is expected to take just as long, if not longer, to fully implement and reshape the web with Web 3.0.

Web 3.0 is the next iteration of the internet that focuses on decentralisation . It aims to create a level of transparency, where smart contracts will control user data and transactions instead of centralised organisations. But automated transactions require cryptocurrencies.

A decentralized web relies on a peer-to-peer network built upon a community of users . This group’s own internet-connected devices would host websites or applications, rather than a group of high-powered servers. Every website or application gets distributed across hundreds of nodes located on different devices.

What are some of the examples of web 3.0? Wolfram Alpha and Apple’s Siri are two examples of web 3.0 applications. Siri uses speech recognition techniques and artificial intelligence to search and deliver results.