Web 3.0 news

The predicted third generation of the World Wide Web, usually conjectured to include semantic tagging of content.

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The Internet Comes of Age with Web 3.0

The term “web 3.0” has been making rounds in the Internet community for quite a while. Many paint the picture of web 3.0 as the next phase of the Internet which will take the world by storm. Understanding this buzzword is a lot easier compared to other Internet phenomena like Y2K which gave developers countlessRead MoreRead More. The post by Aisshwarya Tiwari appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News
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Episode 4: What is Web 3.0 and How Will it Create New Business Models?

Watch the new episode in the Blockchain Explained series where Joe Lubin explains his vision for the decentralized movement.In this eight-part series the Co-founder of Ethereum, Joseph Lubin talks about key concepts in blockchain technology, Ethereum, and ConsenSys. Each week we’ll release a new video in the series. Check out last weeks video where Joe explains the difference between Bitcoin and Ethereum!https://medium.com/media/d1ce681c43487db1bb45fe62a9f351f9/hrefIn this series, Joseph Lubin — Co-Founder of Ethereum and Founder of ConsenSys — discusses key concepts in blockchain technology.In the fourth installment of this series, Joe defines Web 3.0 — one of the major goals of the decentralized movement.Joe breaks down the internet as it exists today, also referred to as Web 2.0. He explains that while Web 2.0 has served the world well and transformed society, our needs as a society have changed and evolved over time.Joe examines many problems with the internet giants of today (i.e. Facebook, Twitter, Google, Netflix) and how they take advantage of the individuals who use their platforms, stating, “By addicting us to their systems they keep us sellable.” He continues to describe the misalignment of incentives which has resulted in humans becoming the product as opposed to the end user.However, Joe reassures everyone that Web 3.0 optimizes for a user-centric approach, stating, “The web 3 world makes use of decentralized identity to take back control for the user, to enable us to establish blockchain based self-sovereign identities.” Joe briefly discusses two ConsenSys companies, UPort and 3Box, who are already working to create identity solutions.The video also addresses Joe’s vision for Web 3.0, remarking, “We will have these network business models where people and companies can inhabit different roles to create products and services that we all own and benefit from.”Tune in next week for a deeper dive into the world of decentralization, and find out how companies are using blockchain today!Blockchain Explained by Joe Lubinhttps://medium.com/media/eb70db0a21c4e8715b29a5306af17d39/hrefDisclaimer: The views expressed by the author above do not necessarily represent the views of Consensys AG. ConsenSys is a decentralized community with ConsenSys Media being a platform for members to freely express their diverse ideas and perspectives. To learn more about ConsenSys and Ethereum, please visit our website.Episode 4: What is Web 3.0 and How Will it Create New Business Models? was originally published in ConsenSys Media on Medium, where people are continuing the conversation by highlighting and responding to this story.
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Top 5 Browser-Enabled Wallets for the Web 3.0: Metamask, Opera, Coinbase, Balance and Trust Wallet

Browser-based wallets have existed for a while now, although many of them are often criticized for the lack of security. In the crypto industry, there are numerous threats, with hacking attacks being among the biggest ones, which is why a wallet located in a browser, and having constant access to the internet might be a risky solution. However, there are many startups looking to develop a safer alternative and provide crypto traders with browser-based wallets that are safer, and that will control the users' money, identity, and also provide them with access to various dApps, and more. Some believe that browser-wallets might play a large role in the future crypto trading, perhaps even being one of the pillars of Web 3.0. With that in mind, here are some of the projects that are advanced in terms of security and technology, but also quite easy to use. 1) Metamask Ethereum is still the most popular blockchain for dApp creation, while Metamask remains one of the most popular ways of accessing these dApps. It was created by Consensys, a software developer and incubator which recognized the need for a capable browser-wallet as far back as in 2015. Metamask is expected to arrive on mobile devices within a few months, which will allow mobile users to access a variety of dApps that already exist on Ethereum's network. 2) Opera Browser Opera is a well-known browser provider, and one of the oldest browsers that are still being used today. It is estimated to have around 100 million daily users, but when it comes to its mobile version, it is only available on Android devices. However, the company recently introduced another feature to its browser, which is the ability to purchase Ethereum directly from the browser's wallet, although it should be noted that this is currently only available in Norway, Sweden, and Denmark. Even so, Opera is known for providing a quality service to users across the globe, and it is likely that the new feature will go global soon enough. 3) Trust Wallet Next, there is Trust Wallet, which was purchased by the largest crypto exchange in the world, Binance. This is a Web 3.0 browser wallet which aims to allow its users to interact with pretty much any dApp directly. Furthermore, Binance is aware that there are a lot of crypto enthusiasts — and that many more will join the crypto space in the future — who are not very tech savvy. As a result, the exchange aims for all of its projects to be user-friendly and to provide the best user experience possible. Furthermore, the company joined FIO recently, which is a Foundation for Interwallet Operability that aims to create a protocol that will standardize wallet addresses and introduce a number of new user-friendly features. Finally, Binance also invested around $2.5 million in TravelbyBit, an airline payment startup. The startup, which received this generous donation back in 2018, aims to allow for easy ticket selling which can be paid in crypto directly from the browser wallet. 4) Coinbase Wallet Coinbase recently rebranded their browser wallet and released a new version in July 2018. Their new wallet, called Coinbase Wallet, also allows users to access basically any dApp, but also store and manage their funds. The biggest change, however, is the fact that users can now use names in order to pay people, instead of complex strings of numbers and letters which represent crypto addresses. The private keys still remain safe on the user's phone, as they are protected via biometric authentication technology. Coinbase's goal, similar to that of Binance, is to make it easy for users to access the decentralized web and various dApps that it contains, thus improving the dApp adoption and the expansion of the crypto space. 5) Balance Finally, there is Balance, which is developing an Ethereum mobile wallet which will be available for Android and iOS alike. The wallet's goal is to allow users to easily access and create dApps, which is why the firm recently released a solution called WalletConnect. The solution does pretty much exactly what the name suggests, and it allows wallets to communicate with one another with ease. It also has a simple but practical exchange, and the ability to communicate with dApps via QR code scanner. The release of the entire wallet is scheduled to happen at some point in March 2019. Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) Price Analysis Watch (Feb 8th)
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Is the U.S. Losing the Race for Web 3.0?

With China and Europe leading blockchain development globally, here’s what the U.S. needs to do to catch up.by Dr. Victoria Adams, Consensys Government Practice Lead in Washington D.CWeb 3.0 will revolutionize the internet. Vastly improved security, integrated payment systems, user control of data, and increased cyber defense from decentralized applications will create a more robust, secure, and inclusive system. It’s estimated that Web 1.0 and 2.0 added $4 Trillion to global GDP and created more than 25 million jobs in the U.S. alone. Web 3.0 is expected to add another $4 Trillion to global GDP and create millions more jobs.However, who will benefit from Web 3.0 is still very much up in the air. The U.S. has been the big winner of the web as we know it so far. Web 1.0 and 2.0 were built on U.S. terms and reflected U.S. values. For example: free exchange of information, open markets, etc. As a result, the U.S. got the jump on its competitors. The biggest internet companies are located in the U.S, and the greatest share of global internet value has been harvested by the U.S. However, this may not be true for the Web 3.0.The key technology for Web 3.0 is blockchain. Blockchain is a decentralized infrastructure design for the internet that allows multiple improvements in the way the web operates. Blockchain allows for low-cost, highly secure eCommerce, secure data sharing between connected devices in the Internet of things (IoT), decentralized data management in which users control data rather than big companies, and super secure data management and communication. Blockchain can be bring huge benefits to the U.S. economy and national security.Blockchain can Protect American Intellectual Property (IP)According to the Global Intellectual Property Center of the U.S. Chamber of Commerce, sales from IP-intensive firms totaled $6.9 trillion in 2013. IP-intensive industries are also responsible for 56 million jobs in the United States — roughly 35% of the U.S. labor force. Moreover, a job with an IP-intensive company pays on average 26% more than a job with a non-IP-intensive company. The Commission on the Theft of American Intellectual Property (IP Commission) estimates that that the cost to the U.S. economy from counterfeit goods, pirated software, and the theft of trade secrets from these industries could be as high as $600 billion annually with the U.S. suffering over $1.2 trillion in economic damage.Blockchain can put a stop to this drain. By creating a system where digital and physical property can tracked and ensuring that creators of IP are compensated, Blockchain can create a self-enforcing IP control regime that will make it very hard for foreign firms to steal American-produced IP protecting America IP and protecting millions of jobs.Making American Industry More Competitive and Putting American Workers on an Equal FootingBlockchain will permit low-cost, frictionless commerce that will dramatically reduce the cost of doing business, encourage new business growth, and slash the cost of transferring asset and eliminate unnecessary middlemen. In 2010, approximately 34 percent of U.S. GDP was generated by middlemen (e.g., brokers, dealers, agents). Blockchain “smart contract” would allow the automation of many of these unnecessary functions reducing overhead, marking U.S. firms more competitive, and creating millions of more jobs.In addition, blockchain creates transparent, accountable supply chains that can be automatically audited to ensure that firms comply with international labor, safety, and environmental laws. By ensuring that foreign firms are not able to evade these rules, blockchain technology can ensure that they will be unable to illegally undercut American firms. As a result, American workers would be able to compete with foreign workers on an even playing field without cutting wages or engaging in a “race-to-the-bottom” on workers’ rights and environmental protections.Blockchain can Help Maintain America’s Defense and National Security LeadershipAs digital technologies have transformed warfare, the U.S. military has become critically dependent on secure, timely, and accurate data. Blockchain can provide a key role in protecting our core defense data assets. Via its ability to provide secure, trackable, accountable data environments and automated smart contracts, blockchain promises to provide a new paradigm for decentralized management of U.S. defense and national security data assets.An example: blockchain can secure operations orders and planning documents, streamline and secure procurement and supply chains, protect the internet of military or battlefield things (IoMT or IoBT), and provide secure control of autonomous or swarm control. As cyber warfare becomes a key element in the battle space, so protecting digitally enabled assets will become more important. Blockchain’s inherent decentralization and built-in security means that it can provide the insurance to protect these assets and defense against enemy cyber threats.There has been some initial experimentation in these areas. For example, in 2016 the NATO Communications and Information Agency is began evaluating proposals in areas of application of Blockchain technology relating to military logistics, procurement and finance, Internet of Things, and other applications of interest to the military.Similarly, the U.S. Department of Defense (DoD) had raised a critical need for a secure messaging and transaction platform accessible via a web browser or standalone native application. The Defense Advanced Research Projects Agency (DARPA) has initiated some small research projects to “Create a secure messaging and transaction platform that separates the message creation, from the transfer (transport) and reception of the message using a decentralized messaging backbone to allow anyone anywhere the ability to send a secure message or conduct other transactions across multiple channels traceable in a decentralized ledger.”In addition, the U.S. Air Force (USAF) will use SIMBA Chain, a blockchain platform to shore up its logistics and supply chain capabilities. SIMBA Chain is a cloud-based Blockchain-as-a-service (BaaS) platform. This government contract will enable the USAF to explore how blockchain technology might improve its logistics and supply chain capabilities.Protecting American Assets Against Cyber AttacksThe current highly centralized paradigm for almost all major infrastructure and digital assets means that the U.S. is highly vulnerable to cyber-attack. From the power grid to Wall Street, the U.S. decentralized digital application built on the inherently insecure platform that is Web 1.0 and 2.0 means that the U.S. is susceptible to cyber-attack. This will only become a more as more and more devices become connected via the Internet of Things (IoT). Blockchain provides a mechanism to protect against cyber-attack. By decentralized assets and control and providing native strong encryption, blockchain technology provides a method to secure assets and protect our nation’s infrastructure.In fact, the U.S. Congress was sufficiently concerned to mandate that Section 1646 of the 2018 National Defense Authorization Act (NDAA) require that blockchain be assessed for military employment. Specifically, the Secretary of Defense and other federal agencies will be required to brief Congress “on the cyber applications of blockchain technology…[and] potential offensive and defensive cyber applications” by May of 2018. The NDAA language also requires an assessment of how adversaries and criminals are using blockchain and legal ways in which the U.S. government could integrate blockchain into dealing with these threats and protecting government networks and critical infrastructure.Web 3.0 Challenges to the U.S.Both Europe and Asia see the benefit of Web 3.0 and are investing heavily in the development of new Web 3.0 technologies. States and businesses in these regions realize that they lost the first two generations of the web, and are determined not to lose the next. Europe in many ways has led the development of blockchain adoption. The notable open source culture that permeates the continent lends itself well to the new dynamic of blockchain, and both private and public entities are actively involved in blockchain projects.In terms of blockchain hubs, the main concentrations of startups are in London, Amsterdam, Barcelona, Berlin, and Switzerland’s Crypto Valley. Estonia’s Guardtime is not only working with its own government to use blockchain for health records but has also contracted with organizations such as NATO. Plus, America’s Nasdaq has reached out to the tiny country in the Baltics to develop applications.United Kingdom’s chief scientist, Sir Mark Walport, unleashed a report in January 2017 outlining the potential of blockchain and showing how it can transform the delivery of public services and boost productivity in government. Soon after, GovCoin Systems Limited, a London-headquartered financial technology company, announced blockchain trials to support government aims in streamlining the distribution of welfare benefits while the Bank of England stated they are looking into the policy and technical issues posed by Central Bank Digital Currencies (CBDC) and developing blockchain proof-of-concepts.China is even more active. China has issued the most Web 3.0 patents, while many of the biggest and most innovative Web 3.0 firms are located outside there, and the government is already rolling out coordinated development programs aimed at putting their country in the forefront of Web 3.0 development. China realizes the benefit of Web 3.0, and has been investing heavily in Web 3.0 technologies.In March 2018 at the meeting of the Chinese Academy of Sciences and the Chinese Academy of Engineering, President Xi Jinping state that: “Ever since the start of the 21st century, a new generation of industrial revolution is substantially reshaping the global economic structure … with artificial intelligence, internet of things and blockchain constantly making application breakthroughs.”This is only one piece of evidence that China is taking blockchain seriously. For example:China’s State Council has endorsed blockchain technology as part China’s 13th Five-year Economic Development Plan (2016–2020) and the Ministry of Information and Technology is aggressively supporting the development of blockchain technologyChinese defense journals have discussed the use of blockchain to secure digital assets, protect military supply chains, support espionage, and engage in “Gray Zone” warThe Chinese Communist Party website released a primer on blockchain technology that included discussion points on its key features, use cases, and challengesChina’s central bank, the People’s Bank of China (PBoC), is supporting the development of a blockchain-based trade finance platform that will streamline interbank payments and help SMBs get access to a wider range of financing toolsChina’s Supreme People’s Court released new rules stating that blockchain technology is an approved method for storing and authenticating digital evidenceThe Bank of China, not to be confused with the PBoC, revealed plans to aggressively invest in the development of fintech and blockchain technologyChina is the largest holder of blockchain patents in the world with the People’s Bank of China submitting 41 patent applications in the last 12 months alone.China’s State TV has said China expects blockchain to be 10x more valuable than the internet.The China Center for Information Industry Development (CCID) officially publishes their ranking of crypto and blockchain projects consisting of the top 33 projects in their view.In September of 2018 China’s Supreme Court has ruled that evidence authenticated with blockchain technology is binding in legal dispute.A survey by Deloitte revealed that the U.S. is falling behind the U.S. in terms of blockchain deployment. Of a thousand “blockchain-savvy” executives surveyed globally, more than 90 percent of Chinese executives said they had or planned to have blockchain solutions in production this year, whereas only 34 percent of American executives reported similar plans. The same survey reported that 98 percent of Chinese executives were hiring blockchain staff compared to 45 percent in the U.S.Via Deloitte’s 2018 Global Report on BlockchainSimilarly, there has been substantial interest within the Chinese military. An article in the People’s Liberation Army (PLA) journal the China Military Network Defense Department Network on February 2, 2018 argued that China’s defense and security agencies should leverage blockchain to manage the distribution of funds for intelligence operations, protect personnel and weapons life-cycle data from cyber-attacks, and make logistics operations safer.Furthermore, the article stressed that blockchain would alleviate three major dilemmas faced by Chinese government existing paper and electronic records in China: (1) centrally located files that usually lack back-up mechanisms; (2) safe and easy transfer of archival files; and (3) the lack of archival supervision. Moreover, as military logistics becomes smarter, blockchain can improve the enterprise logistics by making it more robust, dynamic, and resilient by creating interconnected device networks. As a result, this new enterprise is less risky and more survivable since it avoids a “centralized management strategy” that is over-reliant on a few critical information centers or other key geographical sites without giving up government.This theme was taken up in multiple media outlets across China, such as Xinhua and other PLA-friendly sites. Further, this past February, one Chinese website opined that blockchain could even be used in media operations to control both content and contributors in shaping public opinion. In this way, blockchain would be used to secure sources of public opinion, ostensibly to the detriment of any adversarial counter-information operations. More broadly speaking, public opinion warfare is one of three pillars key of China’s Three Warfare strategy (the other two being legal warfare and psychological warfare).Via Deloitte’s 2018 Global Report on BlockchainIt is not unreasonable to hypothesize that a Chinese dominated and designed Web 3.0 would use blockchain as method to create a decentralized, hyper-secure system for state control that could forever exclude Western parties from some operations and give Chinese security organization access to all manner of data. For example, China’s “One-Belt-One-Road” (OBOR) initiative will link 69 countries, connecting 40 percent of global GDP into a single trading system. A Chinese led Web 3.0 blockchain system will allow frictionless commerce to move through this system with a single coordinated asset tracking system under the control of China.Chinese “Smart Contracts” (complex business rules that specify how an asset it transferred and managed) could include hidden backdoors that gives the Chinese government data on all manner of transfers and forever protect the information it extracts behind an impenetrable, decentralized blockchain wall. Furthermore, Chinese manufactured IoT devices managed on an Chinese designed blockchain could contact hidden smart contracts that could be directed to conduct malign activities against American interests in the case of hostilities or spy or steal American data and hide the source of the cyber-attack behind blockchain secured cyber-walls.A Chinese Web 3.0 would not therefore not be open and transparent vision expressed by U.S., but would be an authoritarian system controlled by the Chinese government. Such a blockchain would allow China to set the terms for Web 3.0 and control digital communications, asset transfer, and global supply chains that pass through the Belt-and-Road system — potentially seriously impacting U.S. interests.What Does the U.S. Government Need to Do?Unless the U.S. government acts now, we risk losing the race for Web 3.0 and having to develop within an imposed Web 3.0 system in which numerous bad actors might be able to exploit the U.S.’s growing dependence on digital data.So, what can the U.S. do to catch up in the race towards Web 3.0? We recommend three steps:Develop Comprehensive, Coordinated Web 3.0 Policy: This policy would support the development of the blockchain industry, support R&D, and provide funding and executive and legislative direction to Federal agencies to explore the use of blockchain for civilian, military, and national security initiatives.Create a Supportive Regulatory Environment: The regulatory system in the U.S. currently discourage the development of blockchain in several sectors (e.g., finance, healthcare). The U.S. needs to encourage Federal regulatory agencies to reduce regulatory ambiguity, support the development of blockchain, and develop standardsCreate Incentives for Blockchain “Miners” to Locate in the U.S.: Blockchain “miners” are essential for verifying blockchain transactions. Currently most of the nodes our of which these miners’ operation are in China and Europe. The U.S. needs to provide tax incentives to bring transaction validation back to the U.S. and ensure that the U.S. dominates the process by which blockchain operations are verified.Taken together, these steps represent a firm basis for the U.S. to begin becoming a key participant in the emergence of Web 3.0. If action is taken now, governmental and business interests in the U.S. can be assured that they will play a key role in the design of Web 3.0 and that U.S. and Western interests and values are clearly considered as the future of the web develops.https://medium.com/media/eb70db0a21c4e8715b29a5306af17d39/hrefDisclaimer: The views expressed by the author above do not necessarily represent the views of Consensys AG. ConsenSys is a decentralized community with ConsenSys Media being a platform for members to freely express their diverse ideas and perspectives. To learn more about ConsenSys and Ethereum, please visit our website.Is the U.S. Losing the Race for Web 3.0? was originally published in ConsenSys Media on Medium, where people are continuing the conversation by highlighting and responding to this story.
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Embracing Web 3.0: The New Internet Era Will Begin Soon

2018: Facebook’s data breach exposes the accounts of 50,000,000 individuals [source]2017: Equifax, one of the three largest credit agencies in the U.S., suffered a breach that may affect 143 million consumers [source]2016: AdultFriendFinder network hack exposes 412 million accounts [source]2015: Insurance giant Anthem hit by massive data breach compromised the data of 112,000,000 individuals. [source]2014: eBay faces massive data breach of 145,000,000 individuals. [Source]2013: Yahoo!’s data breach compromised the data of 3 billion individuals [Source]These incidents leave us with the questions like:In spite of high-end security, aren’t giant servers capable enough to protect data?Isn’t data security should be a key factor for all the upcoming large and small enterprise?What web has stored-in for the future when it comes to security and privacy?Will the big giants suffer data breach in future as well?Let’s understand what more www has to offer in coming future to avoid these mishaps.We are living in the era of Web 2.0 where modern technology is although used to protect data but ultimately it has lack of control over security and privacy.So, we will soon be bidding adieu to Web 2.0 and welcome Web 3.0!Web 2.0 Will Be Soon Dead: Long Live Web 3.0When something leaves the world, something new is born! Web 2.0 is soon going to be replaced with its smarter sibling i.e. Web 3.0; overcoming the issues of security and privacy.Instead of insecure databases and opaque data sharing practices, Web 3.0 will return control to the users which mean they will be able to access data from anywhere; mainly being driven by cloud applications and smart-phones. Apart from security, personalization is another add-on!What Web 3.0 brings to the table?Web 3.0 can be rightly said as an intelligent web!It is all about the evolution of third generation internet services that is a blend of Semantic web, Microformats, Artificial Intelligence, Data Mining, Natural Language Search and Machine Learning technologies.Experts say that Web 3.0 is a data-driven and semantic web. The user will type a query on the web; the web will understand the context and essentially will meet the needs of the user.So, if you perform more searches related to travel destinations, you’ll receive more ads related to the travel places. Also when you search for the cheap tickets, the search engine will keep in mind about the previous search and show you the results combining “travel destination and cheap tickets”.So, the next gen search engine will not only search for the matching keywords but also perform the context search based on user’s behavior and preference.Web 2.0 is largely about words; Web 3.0 will be the blend of words and visualizationWeb 3.0 will focus more on web interaction and will:-Limits and control users contentTurns web into a big databaseFocuses on organizing data in a meaningful wayLet’s get simplerWeb 2.0Lucy wants to go for a movie and gaming zone followed by shopping and dinner in her vicinity. She will go to Google and look through a bunch of information on the web comparing timings, rate etc. which would consume much of the time.Web 3.0With the help of the search engine, Lucy will be able to generate this information faster. Search Engine will provide highly accurate and recommendations in a very intelligent way based on Lucy’s profile. Lucy will get the information needed at one go and ultimately it will save much of the time.Search Engine will learn about you and your habits from each search you perform and will gather details about your from your previous activities like likes and social postings and present the answers as per your preferences.So, how Web 3.0 will be different from previous Web versions?Quick Comparison: Web 1.0 vs. Web 2.0 vs. Web 3.0Coming Back To Web 3.0 — Concerns of using Web 2.0As everything on the web will be linked and the machine will save the user’s preferences, it raises the issues about security and privacy!When the user engages deeply and consistently, web will generate more verifiable and minable pieces of data. The more information is provided, the more they are rewarded with a richer and more dynamic experience. However there raises the question of security!So, what would be the technology that can help to stay secure?Blockchain Technology — Answer to the security and Privacy concernsBlockchain Technology makes it possible to store data in a secure way. With the decentralization of data, personal information will not be stored in the large data centers and databases of the companies. Rather all data will be controlled by a single company which would drastically decrease the personal data breaches.Bitcoin was the opening act. That was the beginning of Web3.0.Public Blockchain such as Etherum provides the decentralized platform to run smart contracts and removes the middlemen enabling the individual to communicate directly. In Web 3.0, Apple, Google, Facebook to the name of few would have no control over the data of the users which would result in a high security and privacy.Let’s see what kind of platforms Web 3.0 has stored-in.The Upcoming Platforms of Web 3.0Below-mentioned are just examples that will be used in web 3.0 to avoid security and privacy issues.If we look at the current scenario, decentralized apps, wallets, platforms etc. that makes up web 3.0 are all scattered. To use this, there is always a need for identities, logins, OTPs etc. which disturbs the security.So, how about using Web 3.0 to avoid privacy clutters?Storj is a cloud-based data storing platform that uses client-side encryption for security reasons. Data owners can trust and access their files easily. It is a decentralized network that delivers great performance, functionality and durability.Brave is a browser that provides unparallel privacy and security. It prevents tracking and keeps information safe and secured. It stays private on your device until you delete it.The applications mentioned in the example are semantic and intelligent in nature which results in an improved communication.How Web 3.0 Can Make Decentralization Possible?As per Wikipedia, Web 3.0 is synonymous to Semantic Web! However, with the help of Artificial intelligence and Semantics, it will help to give the meaning to the data and solve the problems. Web 3.0 is a sure shot to understand the human mind closely.Web stack used in Developing Semantic Web 3.0From a technical standpoint, the Semantic Web primarily consists of three standards:RDF (Resource Description Framework):It is a data modeling language where web information is stored and represented in RDFSPARQL (SPARQL Protocol and RDF Query Language):It is the query language which is specifically designed to query data across various systems.OWL (Web Ontology Language):This is the schema language or Knowledge Representation (KR) language which enables you to define concepts so that they can be re-used as much and as often as possible.Advantages of having Web 3.0There are a number of advantages that Web 3.0 offers:-> No middlemen to control data: As stated above, Etherum would provide a platform where data will be decentralized, where no entity will be able to alter the code without the permission of other entities in the network. Moreover, no one will have rights to block the websites and services.-> Reduced data breaches: Because data will be decentralized and distributed, it will be difficult for hackers to have control over the entire network. However, data cannot be erased or altered once it is in the block chain. This will create a continuous flow of accurate information and ultimately result in no data loss.-> Ability to work on any gadgets: Today, applications are OS-specific which means it runs on a single operating system. Web 3.0 will provide easy to customize and device-agnostic applications i.e. applications will run on any device which includes television, refrigerators, microwaves, sensors, smart-phones and many more devices.-> Uninterrupted service: DDoS attack will be drastically reduced! Due to the decentralized system, there will continuous data processing; no system can be blocked to stop a service; no single hardware infrastructure can hold the service. It will have multiple backups to prevent server failure.Challenges to be considered as wellWeb 3.0 has a number of things to offer which can make user’s life easier. But, as said, there is always a second side of the coin.Let’s see what pain points it brings with it:-> Huge Data Set: There is no doubt of concern that www contains billions and trillions of web pages and terminologies. Existing technology is not sufficient enough to get rid of duplicated terms. The new system will have to deal with a huge input of data and may not be able to understand the context.-> Scalability: Entrepreneurs will have to worry about how to manage the data in a scalable manner, that is, how to organize it, where to store it and how to find the right content.->Visualization: With the increase in the overloaded information, visualization will play a key role for the easy recognition of the relevant content and the purposes.5 Main Features That Makes Web 3.0 Super Great-> Semantic Web: Enhanced web where content is analyzed based on the meaning of words-> Artificial Intelligence: Focuses on natural language processing where computers will understand the information more like human in order to provide faster and relevant results-> 3D Graphics: The Three-Dimensional design will be used in websites and services to provide a clear picture to the users. For instance: museum guides, computer games, etc.-> Connectivity: Information is connected to meta-data which helps to users to fetch accurate information-> Ubiquity: Every device around you will be connected with the web which means content will be accessible everywhereWeb 3.0 — Takeaways for Business Owners-> The content of superior quality must be used all throughout the Internet to provide the value of your product in the market-> Opt for the website with 3D graphics for a more immersive and interactive experience. It will contribute to the modern look of the website-> Also, opt for an easy-to-navigate website in order to provide a simple yet engaging user experience-> As users will be able to reach any information on the Internet from everywhere; you should consider the optimization the information on all devices (mobile, tablet or desktop)-> Your customers will enjoy the flow of fresh content about your product and services-> AI-powered assistants are making the future! Entrepreneurs must focus on creating rich digital assets ensuring that search-engine can locate and serve the content easily.It may seem that, it will get harder to establish a presence online with a semantic web, but the use of best strategies will make you win the battle. Web 3.0 is all about making the life of the people easier where they don’t have to install and upgrade the applications; they just have to access the files instantly from anywhere.Beyond Web 3.0 — A look in the futureIt is sure that Web 3.0 will change our lives and will make it trouble-free to search anything online keeping our data secured. With the growth in the field of digital technology, Web 3.0 will be arriving soon! It’s just a matter of time before we take a leap in another era of the internet.Embracing Web 3.0: The New Internet Era Will Begin Soon was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
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True Digital Age by Gavin Wood

Gavin Wood, the founder of Parity Technologies, a Polkadot developer and a co-founder of Ethereum, shares his thoughts on what is wrong with the existing Internet and why we need to move to Web 3.0

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Tron Based ‘Stable Coin’ to Start Trading At Huobi and Okex Exchange

Okex and Huobi Global have added support for USD Tether pegged to the US Dollar built on Tron. Tron Foundation built the ‘stable coin’ collaboration with Tether. Currently, the two Exchanges support three stable coins markets USDT-Tron (TRC20), USDT-OMNI, USDT-ERC20 (Ethereum). The token will be launched on 30th April 2019 on the Okex and Huobi Global Exchanges. According to the press release by Okex: In order to meet users’ demand for stablecoin trading, OKEx will support USDT-TRON, the TRC-20 based USDT token co-developed by TRON and Tether, as well as the airdrop for USDT-TRON holders. …It has a TRON deposit address and uses the TRON network for depositing and withdrawal. Rewards for Early Adopters and Tron’s Growth The annual percentage return (APR) of the USDT-TRON token has been designed to give out rewards for its early adopters. The initial APR is 20% which will, however, reduce with time. Nevertheless, the program is supposed to roll out investments for a total of 100 days. The total amount of incentives will be $20 million. The incentives will be rewarded in USDT-TRON only. Justin Sun has implored the users of the Exchanges to adapt to swap from USDT-OMNI – USDT-TRON. #Hodl USDT-TRON to earn initial 20% APR in USDT-TRON. 100 day campaign. $20M initial budget no hard cap. Just sayin'. 😎 $TRX $BTT pic.twitter.com/jyo7QcrtbE — Justin Sun (@justinsuntron) March 21, 2019 The Stable coin will be available on major exchanges, and the reward programs are lucrative. Therefore, the number of transactions on the Tron Network would increase significantly. Tron has built a vibrant ecosystem for Dapps and issuing digital asset. The move will foster the growth of Tron. It will also help the exchanges take advantage of the transaction capabilities of Tron which is considerably cheaper than Ethereum currently. The returns proposed by ARP are highly lucrative. Will you swap your stable coins to earn the rewards?  The post Tron Based ‘Stable Coin’ to Start Trading At Huobi and Okex Exchange appeared first on Coingape.
CoinGape

Get EOS Airdrop Token Every Hour Is Now Possible on Infinito App Square with PRA CandyBox!

SINGAPORE, Mar 22, 2019 - (ACN Newswire) - Infinito Wallet's crucial partnership with global leading EOS block producers and block producer candidates comes along with valuable benefits for users. This March 13th, support for EOS DApps will officially be available on Infinito Wallet's newly launched App Square and the well-known EOS token distribution DApp - PRA CandyBox will be at Infinitors' service along with a great deal of airdrops everyday.Developed by ProChain based on the EOS main network, PRA CandyBox is the top 1 EOS DApp listed on DappRadar and the only airdrop-related dApp among the top 100 dApps as of 19 February 2019. With the join of this DApp, Infinito Wallet's users are now gifted with EOS candies everyday or even every hour. To be specific, the amount of EOS airdrops users can get daily varies in accordance with their account's level. To heighten level, wallet owners can deposit EPRA token - PRA CandyBox's proprietary token - into their account. This means the more EPRA token users deposit, the more EOS candies and the shorter duration for them. Level 1 accounts are those with less than 1,000 EPRAs, can repeatedly claim tokens every four hours. While top accounts like level 12 are rewarded with up to 12 airdrops every hour. Users can find this DApp inside Infinito App Square, displayed as "Browser" in the Universal Wallet. Convenience is one highlight of this EOS token distribution as PRA CandyBox keeps their airdrop "game" extremely simple. To receive candies, Infinito Wallet's users simply need to click on the airdrop project, input password and tap "confirm". That's it!*Please note that you must own an EOS account ...Full story available on Benzinga.com
Benzinga

Why Square’s Bitcoin Hiring Spree is Crucial for Crypto Adoption

Jack Dorsey, the CEO of Square, the $32.7 billion mobile payment giant based in the U.S., revealed that Square would fund three to four developers and a designer to work on the open-source protocol of Bitcoin and the crypto ecosystem. Independent of the core business strategies of Square, the team of developers and a designer will work to contribute to the cryptocurrency ecosystem in a variety of ways, potentially by contributing to the open-source codebase of the Bitcoin network. #BitcoinTwitter and #CryptoTwitter! Square is hiring 3-4 crypto engineers and 1 designer to work full-time on open source contributions to the The post Why Square’s Bitcoin Hiring Spree is Crucial for Crypto Adoption appeared first on CCN
CCN

Square is Hiring: You Can Be Paid in Bitcoin if You Want

Twitter and Square founder Jack Dorsey has always been bullish in his Bitcoin views. So it’s no surprise that his payments startup Square is now offering new employees the chance to be paid in Bitcoin. According to tweets from the CEO, the company is on the hunt for skilled labor to add to the team. Square Bitcoin Payments If Dorsey’s tweets are anything to go by, then the company is hiring engineers and a designer to “work full-time on open source contributions to the bitcoin/crypto ecosystem.”  The Square cash app already supports Bitcoin purchases ... ﾿ Read The Full Article On CryptoCurrencyNews.com Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges. All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.
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