Origins of Internet, Web 3.0 and beyonds, how its impacts for businesses ?

Internet is at once a world-wide broadcasting capability, a mechanism for information dissemination, and a medium for collaboration and interaction between individuals and their computers without regard for geographic location.

In this article, I am researching and explaining of in general from world wide web to web 3.0 and how to impact for businesses.

Next articles we deep dive on firstly blockchain applications in the industries , then cbdc’s, defi.

Lets start the firstly origins of internet.

In its earliest form, the ARPANET began with four computer nodes, and the first computer-to-computer signal on this nascent network was sent between UCLA and the Stanford Research Institute on Oct. 29, 1969.

The term “Internet” was adopted in 1983, at about the same time that TCP/IP came into wide use.

Source:DARPA

The Internet today is a widespread information infrastructure, the initial prototype of what is often called the National (or Global or Galactic) Information Infrastructure.

Lets moving from start to how world wide web developed;

Tim Berners-Lee a scientist at the European physics lab CERN developed and invented of World Wide Web.

A flow chart of Berners-Lee’s vision in 1989. Source:W3

An application layer running on top of the internet that’s based on hypertext.

Source:Author

Uniform Resource Locators (web address URLs), the HyperText Transfer Protocol (HTTP), and HyperText Markup Language (HTML), making the internet more accessible for users and application developers.

World Wide Web with inventor illustration source:Thereboot

Here I end the explanation of internet origins and move on to the next stage. From now on I will explain the spatial web, web 3.0 and how they will be linked to blockchain, industries and future of finance.

If you would like to learn more about timeline of world wide web, I drop below the useful links about that.

Okay! Lets keep going.

The line of between our digital and physical worlds has already begun to blur.

Creating value, consisting present a positive differentiated experiences in the products and services becoming vital day by day for businesses.

We are at the tipping point of a new phase in the web’s evolution.

Today’s technology applications are just glimmers of the emerging world of the Spatial Web, sometimes called Web 3.0, or the 3D Web.

What is web 3.0 or 3D web ?

Source by:Deloitte analysis adapted from Gabriel René and Dan Mapes, The Spatial Web: How Web 3.0 Will Connect Humans, Machines, and AI to Transform the World (Amazon, 2019).

Web 3.0 originally called the Semantic Web by Tim Berners Lee, and was aimed at being more autonomous, intelligent and open internet.

Web 3.0 is the third generation of internet services for websites and applications that will focus on using a machine-based understanding of data to provide a data-driven and Semantic Web.

Source:Fabric Ventures

The Web 3.0 definition can be expanded as follows: data will be interconnected in a decentralized way, which would be a huge leap forward to our current generation of the internet (Web 2.0), where data is mostly stored in centralized repositories.

For transition from web 2.0 to web 3 need the focus on 3 architectural layer.These are interaction, computation and information.

Interaction:The software, hardware and content that we ultimately interact with.

Computation:The logic process behinds to enabling interaction.

Info:The data and structure that allow computational functions to be completed accurately, efficiently, and securely

AR/VR devices are expected to be a primary gateway for humans to access the Spatial Web.*

Google Arcore, Apple Arkit, Facebook Spark and Oculus vr some of the examples in the development related with spatial web.

AI/ML will play a foundational role in Spatial Web computation.

Edge computing helps to reduce latency by decreasing the distance between the device and a cloud-based processor.

What is Edge Computing ?

Source:Wikipedia

Edge computing is a distributed computing framework that brings enterprise applications closer to data sources such as IoT devices or local edge servers.

This proximity to data at its source can deliver strong business benefits, including faster insights, improved response times and better bandwidth availability.

AR CLOUD AND 3D-MAPPING THE PHYSICAL WORLD in Spatial Web

The AR Cloud is a key enabler of the Spatial Web; some groups even use both terms interchangeably. According to the Open AR Cloud association (OARC), the simplest definition of the AR Cloud is a 3D
digital copy of the world.1*

By creating 1:1 scale digital models that are machine-readable, updated in
real time, and associated with precise geolocation information, spatial experiences can become richer, more accurate, and more connected.

Source:Deloitte Insights

Maps of physical spaces and digital twins will be created for everything: cities, rooms, retail spaces, public areas. Once maps are built, locations could be defined in space and new types of transactions and interactions become possible.

How to this will be opportunity for businesses ?

Spatial Web’s growing ability to deliver intuitive interactions with highly contextual and personalized information, will lead to coming years business strategies and consumer behaviours will shaping in the this way.

The mirrored world is the amalgamation of these subjects; as more enterprises build and connect intelligent twins, bringing more of their organization into digital space, they are opening a cornucopia of new opportunities and ways of doing business.*

Consider how digital twins already let businesses gather, visualize, and contextualize data from across their physical assets and projects, bridging their physical operations and digital capabilities.

On the other hand transforming a traditional cost center into a value driven management strategy rising.

Hyper personalisation is array of digital tools to hypersegment customers and capture demand signals from disparate parts of their value chains.

Location is becoming more important than ever for key decision-making. And multiple technology trends are making the insights of geospatial analytics increasingly accessible and valuable for enterprises.

References;

https://www.ibm.com/cloud/what-is-edge-computing

Digital nomad , Data science and computer science, electronic music enthusiast, lifelong learner.