Standard

IEEE WHITE PAPER

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Abstract

A paradigm shift in the organization, utilization, and valuation of information on the internet is represented by Web 3.0. The Web 3.0 framework, an innovative ecosystem that combines the strengths of Web 2.0, artificial intelligence (AI), and blockchain technologies to create a more efficient, valuable, and information-centric network is introduced in this white paper. Key aspects of Web 3.0 include the evolution of web technologies, core components such as Web 2.0 infrastructure, data, information, knowledge, wisdom (DIKW) network, and valuable webkit, as well as a new approach to information organization through collectible data and consumable information. Interactions between these components are orchestrated by the Meta for Web 3.0 (M4W3) protocol. The DIKW hierarchy is leveraged by the knowledge value model, enabling sophisticated valuation and transformation of information assets. Robust protection of private data and domain knowledge is ensured by privacy and security mechanisms, addressing critical challenges in the current internet ecosystem. The aim of Web 3.0 is to revolutionize how users interact with and derive value from information in the digital age. By providing a framework for efficient information organization, value creation, and privacy preservation, solutions to critical challenges facing the current internet ecosystem are offered. The technical architecture, economic model, and potential impact of Web 3.0 are detailed in this white paper, and a vision for a more intelligent, valuable, and user-empowering web is presented. In an increasingly data-driven future, Web 3.0 could play a crucial role in shaping the next generation of internet technologies and applications, demonstrating the potential for transformative growth and innovation in the digital landscape.

Document information

  • Standard from IEEE_AC
  • Published:
  • Version: 0
  • Document type: IS