The Internet has entirely changed the life of modern people. However, various privacy concerns and security issues also appeared along with the beneficial innovations. And this is directly connected with the scope of data that go online every day. It seems that nothing private exists on the Internet today, and that’s why Web 3.0 comes to light seeking to change that.
Web 3.0 represents the future version of the Internet. Its primary mission is to create a more secure and interactive web environment for users.
So, let’s get a closer look at Web 3.0 security basics and potential risks.
Web 3.0: How does it Work?
Through the evolution of the WWW, multiple changes and modifications took place in Internet history. At first, it was Web1.0 with its static pages and read-only function. Then a more developed iteration of it was created – Web2.0 or Social Web, which brought utterly new features and web app improvements allowing users to read, write and interact with the content on web pages.
And the third generation of the Internet is Web 3.0, which promises to be the most advanced version among them. The core component of Web 3.0 is blockchain technology allowing the platform to decentralize users’ data through smart contracts and eliminate the involvement of third parties in data transactions.
So, Web 3.0 will concentrate more on data privacy and secure experience than Web2.0, where only giant companies like Google or Meta control the web ecosystem.
Web 3.0 and Cybersecurity
The primary concerns of businesses regarding Web 3.0 remain security issues and risks. Web3 can’t avoid data breaches, safety threats, and data mining as a newly developed platform. However, the features it provides will take data security and the privacy of sensitive information to a whole new level.
So, let’s review some of the benefits, services, and resources coming along with Web3.0.
- Absence of Intermediaries: The core advantage of Web3 is that only the main parties can access the smart contract code, and no other entity will be able to make alterations.
- Decentralized Data Storage: As we have already mentioned, Web3 uses blockchain technologies. A self-hosting network allows users to store data on decentralized or other nodes by distributing information across safe platforms.
- Low Hacking Risk: Hackers will have difficulty taking control of the entire system or stopping a service since data will be distributed.
- Ubiquity: Currently, web applications can process only on single operating systems. It will no longer be a problem due to customized applications: they can run on any device, including sensors, mobile phones, computers, and other devices.
- Semantic Web: To make the interaction between users and machines more humane, the future Internet will rely on the Semantic Web. These include natural language processing, dynamic search results, and more that help users to generate and share content efficiently.
- Artificial Intelligence: Through Semantic Web and machine learning algorithms, Web3 provides more intelligent, accurate, and fast results.
- 3D Graphics: Another aspect of the new Internet involves 3D design. It helps to connect the real world with virtual reality through augmented reality.
Although the practical side of Web3.0 is rather exciting, there is another side that covers possible security issues. Let’s look through some of them:
- Scalability: Small businesses and entrepreneurs will have to think about how to organize, manage and store information in a scalable way.
- Massive Data Set: There is no end to the number of websites and pages on the WWW. That’s why the new system will need to worry about dealing with an infinite amount of links and sites.
- Visualization: Because of a massive load of information, platforms and business sectors will use visualization to understand relevant content.
Web 3.0 Platforms
As we know, decentralized apps and networks are all scattered, and it’s where the need for new technology and computing power arises.
- Brave: It’s an example of a web browser providing unparalleled safety and privacy. Brave’s primary purpose is to protect stored data and information and prevent possible tracking.
- Storj: This decentralized network delivers excellent functionality and performance. The critical function of Storj is to provide a cloud-based platform for information storing through encryption. As a result, data owners can access their files directly.
These platforms have an intelligent nature that helps to improve user-website communication and interaction.