Many remember how their first experience of using the first generation of the Web, followed by a second, more sophisticated network, was down to its third generation.
In a report published in the French newspaper Le Point, writers Guillaume Gallet and Catherine Hoggett said that the first generation of the Web was a term coined in 1990 and resulted in the first version of the mainstream Internet, with most of the sites created being for reading and non-interactive.
In 2014, the second generation of the Web was introduced, allowing users to interact online, and social networks were its most prominent products.
According to Tim Ferris, author of “Tools of the Great,” we’ve gone from reading-only to literacy, while communication platforms have dominated us, and the question now is: Are we now seeing the emergence of the third generation of the web?
If the third generation of the web is still under development, it can be defined as an Internet-based on the decentralized performance of blockchain technology, which means that site owners can be shared by technology makers and users.
The blockchain is a distributed database with the ability to manage an ever-increasing list of records called blocks, each block containing the timestamp and link of the previous block.
The blockchain is designed so that it can maintain the data stored in it and prevent it from being modified, i.e. when a piece of information is stored in the blockchain, this information cannot be modified later.
“Conceptually, the third generation of the Web is a different version of the Internet-based on public blockchains and the ecosystems of the encrypted economy, and allows people who don’t know each other to work together using a system that pays participants digital assets, such as cryptocurrency,” said Martha Bennett, an analyst at Forrester Research.
“The third generation of the Web allows people who don’t know each other to work together using a reward system that rewards participants for their contributions to digital goods, and these digital goods can be cryptocurrencies such as bitcoin or non-replaceable codes, such as a title deed for a work of art,” says Chris Dixon, entrepreneur, and partner at Andreessen Horowitz.
Aragó creator Pierre-Etienne Boomer, a digital exhibition that provides the possibility of purchasing images in the form of non-replaceable symbols, said creators will be able to talk directly to their customers and will not need platforms or media.
Frederic Montaigne, the creator of the Ariane Protocol, which promotes the direct relationship between brands and consumers, said the reallocation movement will make the struggle for digital sovereignty possible.