The internet has changed over the years. Gone are the days of text-heavy and time taking internet. Web 3.0 and metaverse are two terms that are now causing a lot of buzz and enthusiasm in the business technology sector.
Many people assume these are the same concepts. They are related to some extent, but they are not the same concepts. Before discussing the differences between these two concepts, let’s have a sneak peek at what is Web 3.0 and metaverse.
What is Web 3.0?
Web 3.0, often known as the third-generation internet, is a platform that enables websites and applications to analyze data as humans do. Decentralized protocols will be employed in the Web 3.0 revolution. The core components of Web 3.0 are blockchain technology and artificial intelligence.
It addresses some of the major drawbacks and flaws of the current internet era by addressing the critical issues of data ownership and control. Direct communication between the individual and the machine will be possible.
What is Metaverse?
The Metaverse is a network of three-dimensional virtual worlds focused on social interaction. Metaverse tells us how people will interact with the internet of the future.
With the metaverse, we will utilize virtual reality (VR) technology to access the internet tomorrow and travel between virtual worlds. Imagine using an avatar to buy your favorite car from a digital showroom.
Key Differences between Metaverse and Web 3.0
The primary distinction between the two technologies is that people use Web 3.0 to access the metaverse. Web 3.0 could exist in the absence of the metaverse, the metaverse could not exist without Web 3.0.
Web 3.0 is about decentralized ownership and control of the web, as well as putting the web in the hands of its users and community, while the metaverse is a shared virtual world where people can communicate and engage in real-time interaction.
Web 3.0 is based on blockchain and cryptocurrencies, while the metaverse employs virtual reality and digital currency technologies.
The application of Web 3.0 includes blockchain development, while the applications of the metaverse include games, social media, the entertainment industry, and health. Web 3.0 describes who will govern the internet, while how people will interact in the future are part of the metaverse.
Web 3.0 focuses to keep the internet out of the hands of tech giants and make it public property. On the other hand, tech giants are already reforming or attempting to acquire metaverse firms to control this world.
By using the blockchain system for both of them sequentially, data is owned, open, well-distributed, and collectively owned by peer-to-peer networks. It is different when one may discover ways to do business using virtual reality, while another enables contributors to own their data.
Conclusion
They both are different concepts with a little bit of similarity. The blog discusses the key distinctions between Metaverse and Web 3.0. The metaverse is a digital space, and Web 3.0 favors a decentralized web, which could serve as the foundation for metaverse connectivity.
Taimoor is a Content Writer working at Clustox. He is HubSpot Content Marketing certified. He is enthusiastic about learning and educating about technology. He loves hiking. His hobbies include books and novels reading.
