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What is Web 5.0?

GS Paper 3:

Syllabus: Awareness in the fields of IT, Space, Computers, robotics, nano-technology, bio-technology and issues relating to intellectual property rights.

 

Context:

Former Twitter CEO Jack Dorsey recently announced his vision for a new decentralized web platform that is being called Web 5.0.

  • The aim is to return “ownership of data and identity to individuals”.

 

What do the terms Web 1.0, Web 2.0 and Web 3.0 mean?

Web 1.0 is the “read-only Web,” Web 2.0 is the “participative social Web,” and Web 3.0 is the “read, write, execute Web.”

  • Web 1.0. Web 1.0 was all about reading, and getting information.
  • Web 2.0 was all about reading, writing, and creating. So, users joined social platforms, and these platforms got big because of this created content.
  • Web 3.0 is all about reading, writing and owning. So, builders and creators can now own a piece of their own community, through NFTs, tokens etc.

 

 

What is Web 5.0?

Being developed by Dorsey’s Bitcoin business unit, The Block Head (TBH).

  • Simply put, Web 5.0 is Web 2.0 plus Web 3.0 that will allow users to ‘own their identity’ on the Internet and ‘control their data’.
  • Both Web 3.0 and Web 5.0 envision an Internet without threat of censorship – from governments or big tech, and without fear of significant outages.

 

InstaLinks:

Prelims Link:

  1. What is Web 5.0?
  2. Differences between Web 1.0, Web 2.0 and Web 3.0.
  3. What is the internet of things?

Mains Link:

What is web 5.0? Discuss its significance.

 

Q. 3) Consider the following statements:

  1. Web 1.0 is the read-only Web.
  2. Web 2.0 is the participative social Web.
  3. Web 3.0 is the read, write, execute Web.

Which of the above statements is/are correct?

  1. 1 only.
  2. 2 only.
  3. Both.
  4. None.

Sources: Indian Express.