Coin Pric

• Web3 is the future of the tech industry.
• Will Artificial Intelligence (AI) dominance affect the future of Web3 or not?

Web3 is touted as the next revolution of the internet. This technology helps users to secure data by providing the owners the ownership of their data to themselves. But the pressing questions is about the world of AI – ‘where technology has human intelligence too’, does Web3 still matter?

What is Web3?

Web3 is the latest technology in the world of the internet which provides users the right of ownership to secure their data. Web3 is the next generation of the World Wide Web which combines the decentralization feature of Web 1.0 with the interactiveness feature of Web 2.0 in a user-friendly manner.

Web3 is prevalent as it comes with many benefits. It is more user-friendly, secure,  personalized, and is more transparent. Web3 is based on blockchain technology. It has a decentralized network that is based on smart contract services and has operational transparency too.

However, some professionals are also concerned with its complexity, security, regulatory concerns, and technology requirements. Twitter co-founder Jack Dorsey said: “It is not possible to decentralize Web3 as someone is required to hold the regulation so as to maintain security and regulation.”

Web3 vs. AI

Web3 and AI are complementary technologies. They can help each other improve. Web3 can help AI to provide a more secure, transparent, and fair platform. In the same way, AI can help Web3 applications in their functionality and usability by making them more personalized, intellectual, and efficient.  

Web3 can also help AI in enabling new business models and incentives such as tokenization and governance. On the other hand, AI can also help Web3 in scalability, interoperability, and user experience.

Concluding Thoughts

Web3 and AI will work together to make a user-friendly environment in the world of Internet technology. Web3 and AI, both are the future of the technology world and we can’t ignore them.

Web3 is still improving and evolving. Also, Web3 is constantly exploring new opportunities and possibilities that can go beyond the current scope and vision of AI. Web3 and AI both can change the digital world we see today. They are the modern technologies of the modern world.  

As a user of this internet technology, we should definitely focus on its improvisation as doing so will directly benefit us. In addition to this, Web3 will help us in attaining security and make our data encrypted. The future of the digital world is Web3 and AI.