Web Evolution and LC/NC Adoption

Tim Berners-Lee, the inventor of the World Wide Web, spoke about various aspects of the Internet and its future in 2001

1. Openness and Accessibility: He emphasized the importance of keeping the Internet open and accessible to everyone. He advocated for an inclusive approach, stating that the web should be available to people of all backgrounds, regardless of location, language, or ability.
2. Semantic Web: He introduced the concept of the Semantic Web, which aimed to enhance the web by enabling machines to understand and process information more intelligently. He envisioned a web where data would be structured to allow for better integration and interpretation by computers.
3. Interoperability: He stressed the need for interoperability, meaning that different systems and platforms should be able to work together seamlessly. He believed that standards and protocols should be adopted universally to ensure compatibility across the web.
4. Privacy and Security: He expressed concerns about privacy and security on the Internet. He highlighted the importance of protecting individuals' personal information and ensuring users control their data. He advocated for the development of technologies that would safeguard privacy while still enabling effective collaboration and information sharing.
5. Global Collaboration: He emphasized the potential of the Internet to foster international collaboration and knowledge sharing. He spoke about the importance of communities working together to solve problems and promote understanding.

While Social Web2 allowed users to interact and engage in real-time, the tech giants controlled shared information. Web3, on the other hand, provides data control to the user making it more secure and private.

Web3 disrupts Web 2.0 by promoting decentralization, disintermediation, and democratization. Creator economy models incentivize collaboration to build worthwhile ventures instead of promoting consumerism through user-generated data.

Web 3.0 is revolutionizing data governance by harnessing peer-to-peer network computing protocols. Its decentralized nature ensures privacy and security, enabling collaboration between stakeholders and AI machines. Smart contracts further enhance the value exchange by facilitating real-time transactions of digital money and assets based on human and machine data sources. This goes beyond the Semantic Web, creating a new era of data management and exchange possibilities. Join the Web 3.0 movement today!

For example - DeFi protocols and smart contracts handle the movement of value between wallets owned by humans & machines based on the data inputs received from authenticatable sources.

Ethereum Blockchain Daily Active Addresses is at a current level of 391263.0, and Ethereum Transactions Per Day is at a current level of 1.044M; A billion users will adopt the Web3 systems in the next 4 to 5 years.

"Are you ready for the next level of the internet? According to Avivah Litan, Distinguished VP Analyst at Gartner, Web3 innovations will lead to unprecedented applications and opportunities. However, it's important to note that Web 2.0 still has advantages like scale, customer service, and customer protection. In addition, as we transition to Web3, organizations must prioritize governance and risk management to mitigate potential risks, including new security threats and a swing back to centralized control.

In 2021, Venture Capitalists (VCs) have shown great confidence in the crypto start-up industry, with a staggering investment of approximately $30 billion globally in 1,278 deals as of November-end (per Pitchbook). Among the most active investors in the Web3 sphere is Andreessen Horowitz, with other prominent VC firms like Binance Labs, Paradigm, and HiveMind Capital Partners also making significant investments. The high investment by VCs indicates a positive outlook for the future of Web3 start-ups.

No-Code / Low-Code Adoption in Web3 Application Development

As technology advances, so do the tools we use to develop it. No-code and low-code development suites are quickly becoming a go-to for many professionals, from marketers and analysts to those in DevOps and security. With their ease of use and efficiency, it's no wonder they're gaining traction across industries. Have you tried using a no-code or low-code platform for your work? Let us know in the comments! #NoCode #LowCode #Development #TechTools

In a recent TechCrunch interview, Navin Chaddha, Managing Director at VC firm Mayfield, shared his insights on the evolution of no-code/low-code technology. Initially, this technology was used by non-technical builders to create basic applications, often with gimmicky features. However, it has become an essential capability for many enterprise software companies today. It empowers non-technical end users, including DevOps and security engineers, to deploy applications quickly and easily without custom development. This transformation has created a ripple effect across entire categories of enterprise software. Are you leveraging the power of no-code/low-code technology in your organization?

We are here to assist you in building super cool Web3 applications; let us co-create an inclusive and secure internet.

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