How will Web 3.0 transform the Internet and digital commerce?

Web 1.0 - Web 3.0

In the early days of the Internet, most website users were lazy content users, and their main application was online advertising. The core components of the entire Web1.0 are Platform Design, Platform Ownership, Platform Management, and Platform Benefits. Users visit the website to view digital content, but cannot participate in the creation of the content. Similar to the electronic projection of traditional newspapers and magazines into the real world. This means that the interaction of online users on the Internet is clearly limited.

With the advancement of server systems and the rise of Internet connectivity, the advent of the Internet came slowly after 2000, and the transition from Web 1.0 to Web 2.0 has been rapid and dramatic. The main applications of the interactive Internet Web2.0 are interactivity and e-commerce, and interactions are increasing as more and more users can create content.

The average person who provides a set of trusts to digital communities on the internet often relies more on opt-out rates than preferences. Growth platforms will gradually have disproportionate energy. When a user creates digital content, membership and management break with the user. The Platform and the Platform will prevent users from interacting by modifying, modifying, deleting and blocking user content and by deleting user accounts. The distribution of the value generated by this digital content is also available on the free platform.

Since the inception of the World Wide Web, there has been no digital self-design process in the process, and anonymity has become the norm. The digital ID that everyone has is created by the traditional internet model. The ID and password are created or managed by the service provider, and the online behavior of each user is fully monitored. The platform has quietly extended its authority, relied on the control of its technological process, it is the use of very large data (property of user data) that users create when using the Internet. . Personal data for posting, there is a risk of losing data that you do not want to disclose from the platform.

Web2.0 is close to Web1.0 and removes the root of many global issues, but gradually falls into the middle of the management platform. Like the boy who kills the dragon at the end and becomes a dragon, he is a historical figure.

We are currently in the period of transition from Web2.0 to Web3.0, which will transform the entire Internet and digital industry around the world.

While Web3.0 is still in its infancy, it requires open, unreliable, unauthorized, and user-created models, independent user experience delivery, and cost-effective interaction.

The ownership of the user creating the digital content is explicitly owned and managed by the user, and the user creates the shared value according to the agreement signed by the user and others. . In this process, these digital terms are not just information, but digital assets due to their patent recognition rights.

This is similar to the business model in which human rights in digital devices are identified, respected and protected, and effectively traded as promised in the digital industry. Blockchain networks offer a new way to store and use information. A transparent and distributed network of blockchains combined with an agreement can share evidence based on the terms of the agreement.

With the ever-changing changes of Web3.0, “data is not the next oil monopoly”, “DAOs” have appeared, where people can choose who to post and where community owners can benefit from their work.

Dao(Decentralized Autonomous Organization)

DaoIn other words, it is a decentralized autonomous organization. A community within a single goal, constrained by smart contracts to co-create, receive and share the benefits of the community.DispersionOrganization of the Blockchain community. Anyone can participate in governance and decision making without hierarchical control. The ultimate vision is to bring about an economic and social change that transforms culture into a centralized and complete redistribution of resources around a responsible community.

Compared to the current form of organization and management, the DAO has clear decentralization characteristics. Community rules are established by the community, are not governed by a central organization, and have no hierarchy. It is a means for the decision to unite the issue through mediation without faith or anonymity. However, centralization and decentralization are not universal, many DAOs rely on centralized management to initiate or control, and have not yet achieved full decentralization. It is therefore more precise to understand the level of freedom.

In addition, all decisions were taken by consensus vote, allowing all members of the organization to express their views. Compared to traditional organizational information, DAO is more secure and reliable because there is no one to manage the organization. And because DAO works in places without permission, without interference,blockchainDepending on the technology, self-control can be controlled without any interference from other factors.

The company has always been a kind of legal entity established by law for the purpose of generating income, and the members of the company stay with its members. Since most of the decision-making power and benefits of the company are in the hands of the shareholders, the benefits of the company's employees have been drastically reduced. As a result, problems such as centralization, organizational failure and financial inequality will arise in the organizational system. DAOs are different. DAOs are service-oriented and productive, and DAO members are for all communities.

Decision making in DAOs is guided by community strategies through the interaction, integration and integration of network nodes to achieve organizational goals. At the same time, DAOs rely on smart contracts to achieve greater independence and decision making, standardized governance and easier operations. When the DAO is functioning, there is no division of funds in the bank, DAO members receive dividends based on the number of tokens they hold, and those with more will work harder to protect themselves. Therefore, the dedication and success of DAO members cannot be compared to that of company staff.

While it is more commercial and usable for understanding DAOs at the enterprise level, there is a need to ensure that DAOs are data organizations and not specialist organizations. The rules and procedures are defined in the smart contract.blockchainIt can operate autonomously without intermediate control or interference from third parties. The service under this design is transparent, unaffected by centralized organizations, and through intelligent management and token exchange support, can recognize self-functionality, self-control and self-change , then know the process of the organization with the highest level of performance. . value cycle.

Blockchain is an important infrastructure of Web3.0.

The aim is to recognize the recognition and protection of the rights and interests of users of digital devices.

Blockchain is a partitioning protocol that has documented how to create and manage blockchain divisions in a multi-partner distribution system to achieve the separation of "design needed to control the process" and "user data management policy" . It is powerful for counting infrastructure and managing user data, user assets, and user symbols.

Blockchain is also a clear and reliable policy and monitoring, and when code is digitized from blockchain to tokens, they can be reliably identified and their flow, exchange, changes and transitions can follow every process. .

Blockchain is also a platform for the design and automation of protocols. Smart contracts are the principle of these investments. Smart contracts enable efficient, accurate and reliable distribution of rights and benefits contracts without the need for trustworthy and knowledgeable third parties. Nature identifies the whole process.