Technology is evolving rapidly in this competitive digital world, and businesses struggle to cope with it. Outdated technology decreases productivity. To overcome this and take advantage of opportunities, you can use the power of AI, AR, and VR. These technologies streamline operations, improve user experience, and turn challenges into opportunities. It’s not only adopting new technology but also using it efficiently.
The global Web 3.0 market is estimated to grow at a CAGR of 44.5% to USD 81.9 billion by 2032. In this blog, we’ll learn what Web 3.0 is, its key features, and AR, VR, and AI Solutions!
What is Web 3.0
Web3 or Web 3.0 is the decentralization of the World Wide Web. It is the third iteration of web technology that includes W3, the World Wide Web. It is a foundational layer that enables internet use, including applications and websites. Gavin Wood, co-creator of Ethereum Blockchain, proposed W3 as a solution to the flaws of Web 1.0 and Web 2.0, which were used from 1991 to 2004.
Key Features of Web 3.0
Web 3.0 improvements added many new features and elements that were missing in its predecessors. Web 3.0 uses blockchain technology to develop decentralized platforms and applications. It eliminates intermediaries and enhances user control, security, and transparency.
Key Features of Web 3.0 are decentralization, Connectivity, 3D graphics, Semantic web, trustless and permissionless, and Artificial Intelligence and machine learning.
Web 3.0 provides an interconnected environment in which data and services communicate and interact fluidly across devices and platforms
Also, Web 3.0 uses machine learning and AI to evaluate large amounts of data and provide intelligent experience. Web 3.0 provides customers with personalized and interactive experiences using technologies like virtual reality (VR), augmented reality (AR), and mixed reality (MR).
Also, it uses blockchain technology and contracts to automate and enforce transactions which removes the need for legal systems.
Future Trends of AR, VR, and AI
Here are some future trends that you should prepare yourself for.
AI Trends
- Personalization: AI-driven personalization will become common which will provide personalized user experience based on their preferences and interests.
- Content: AI-generated content such as blogs, videos, infographics, etc will engage more users.
- Interface: AI-powered interfaces will enable more intuitive and natural interactions that will use voice, gesture, and even brain-computer interfaces.
- Predictive Maintenance: AI-driven predictive maintenance will reduce website downtime which will ensure a smooth user experience.
VR Trends
- User Experience: VR will ensure interactive experiences and will revolutionize industries such as education, entertainment, and healthcare.
- Therapeutic Application: It will be used for creating therapeutic experiences such as exposure therapy and cognitive behavioral therapy.
- Collaboration: VR enables remote collaboration so that teams can work together in virtual environments.
- Virtual Try-On: VR-powered virtual try-ons will be more common in e-commerce, which will allow customers to try products virtually before trying them.
AR Trends
- Filter: AR-powered interactive filters will become common so that users can engage with content in multiple ways.
- Assistance: AR enables remote assistance so that experts can provide guidance and support remotely.
- Product Demonstration: AR allows virtual product demonstration so that users can see the product before purchasing.
- Navigation: AR-powered indoor navigation will become more popular so that users can navigate complex places such as airports, malls, etc effectively.
Web 3.0 presents a new chapter of the internet, where technologies like AI, VR, and AR will transform the way users interact with information. AR and VR have transformed industries such as education, entertainment, e-commerce, etc, to provide interactive experiences. To stay relevant in the game, we must use these technologies and enjoy their benefits. If you want to start your Web 3.0 journey but need more effective solutions and specialization? You can use a Web 3.0 development specialist with the skills, expertise, etc to match your requirements. You can contact Lumia 360 for website development solutions.
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