Top 10 Web 3.0 Trends You Should Look Out for 2022
Updated: Sep 16, 2022
The internet is designing our future unapologetically. Its effect on us has been profound, shaping everything from how we interact to endless possibilities on how we handle our finance.
One of the major proponents driving this digital revolution is the web3 - the famous iteration of the internet disrupting the financial system, redistributing wealth, and making the web democratic. This web innovation might still be new, but the need for a decentralized environment keeps putting it at the forefront of the trajectory toward futuristic technology trends.
In the last decade, we've witnessed a splurge of ideas about web3 projects. This year, these projects have materialized and are starting to take a stance on providing open-source, permissionless services supported by token economies.
I have highlighted some top mission-driven web3 Projects to look out for in 2022.
Top 10 web3 Trends in 2022
1. Artificial Intelligence
AI has unparalleled decision-making capabilities that gradually make it indispensable for many industries. The intersection of AI and web3 forms a strong link to human intelligence. This innovation leverages various techniques like ML (Machine Learning) and data to link people and boost productivity for users without compromising their privacy. An ideal AI technology can save a lot for businesses by easily automating and streamlining activities, thereby fast-tracking the growth of companies.
2. BAAS:
Blockchain-as-a-Service is a brand new trend in Blockchain technology. This innovation is a third-party cloud-based service that enables users to create Blockchain applications such as; the Smart contract and DApps (Decentralized Applications). BaaS functions as a web host that runs the backend operation for any blockchain-based application. This technology helps businesses to focus on their core activities while it supports;
Bandwidth management
Enhanced security
Automation using smart contracts
Hosting requirements
Transparency and traceability
3. The Semantic Web
This web is also referred to as web 3.0 or, as I like to call it, 'the web of data. It simplifies internet data and makes it readable to users. Users, at the same time, can construct data stores on the web and dictate their data usage. One of the main benefits of the semantic web is that large amounts of data and information are made explicit and accessible to computers, thereby improving the accuracy and dependency of searches made on the web.
4. Decentralized Technology
This technology will ensure peer-to-peer regulations on the blockchain. A decentralized technology would guarantee the sole ownership of a user's data, especially without interference from third parties like the government or giant tech companies.
5. NFTs to Foster Web 3.0 Motion
Web 3 would provide a boundless platform for Non-Fungible Tokens. Digi