Web 3.0

The term Web 3.0, also often referred to as the Semantic Web, is used to denote the third phase in the evolution of the Internet, i.e. an era characterised by a strong interconnection of data and an increased awareness of the user’s use of information. As we are currently in the Web 2.0 era, this is the next revolution that the Internet will observe.

This definition was first provided by Tim Berners-Lee in 2006, a computer scientist who can be described as the father of the World Wide Web.

According to Berners-Lee, in Web 3.0, shared content (such as files, HTML code, videos or mp3s) will be associated with metadata specifying their semantic context and facilitating data interconnection.

With this information, search engines (e.g. Google or Bing) and algorithms will be able to process user requests more efficiently and faster.

Every piece of data associated with a piece of content on the Internet will be stored within a series of decentralised databases (among which we can find Solid, the first Web 3.0 archive ever realised and created by Berners-Lee himself).

Within these registers, a large amount of data and information can be stored and extracted.

The efficiency of Web 3.0 will be ensured by the use of artificial intelligence, such as Chat GPT3, and machine learning, i.e. the ability of computers to create data-driven systems capable of predicting future user interactions. These innovations will facilitate the use of search engines by humans, making the Internet an interactive and interconnected place.

Although they are often regarded as synonymous, a distinction must be made between Web 3.0 and Web3.

The Web3, a term coined by Gavin Wood in 2014, is in fact associated with the use of blockchain to promote digital identity and full user control over the content they publish online.

Although several solutions exist to foster interoperability, blockchain technology generally makes it difficult to exchange information between one platform and another.

Web 3.0 innovations, on the contrary, aim at facilitating data sharing and data mining.

Correlated words


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Dovish monetary policy is characterised by low-interest rates and higher employment levels, aiming to stimulate and foster economic growth.


Registries are organizations overseeing the administration and management of top-level domain information on the internet.


A URL (Uniform Resource Locator) is a unique string of characters that provides the address of a specific resource on the World Wide Web.

IP address

An IP Address is a unique numerical label assigned to each device connected to a network, identifying it for communication purposes.


ICANN (Internet Corporation for Assigned Names and Numbers) manages the global domain name system and IP address allocation.


Registrars are organizations responsible for the registration and management of domain names on the internet.


The Domain Name System (DNS) is a hierarchical structure that maps domain names to their corresponding IP addresses on the internet.


The Top-Level Domain (TLD) is the highest part of the domain name structure, appearing at the end of web addresses.

Financial Market

The Financial Market is a structured space for trading financial securities, including stocks, bonds, and other investment vehicles.


Cashback is a reward program where a portion of the amount spent on a transaction is returned to the spender.


Web3 marks the third evolution of the web, characterised by a shift in the economic and technological landscape driven by blockchain.


Bitcoin is the first and most enduring cryptocurrency, introducing blockchain technology as a revolutionary digital ledger system.

Wallet address

The Wallet address is a unique string of characters identifying a cryptocurrency wallet for transactions and asset management.


Stablecoins are cryptocurrencies whose value is pegged to stable assets like fiat currencies or precious metals, aiming to reduce volatility.


Custody in cryptocurrency involves managing a wallet by oneself, ensuring control over the associated private key.

White Paper

A White paper is a detailed document used by crypto projects to outline their technological innovations and proposals.


A Wallet is a digital software designed for securely sending, receiving, and storing various cryptocurrencies.

Virtual Currency

Virtual Currency is a legal term encompassing digital currencies, including cryptocurrencies, used in various financial transactions.

Fiat Currency

Fiat Currency is government-issued legal tender, not backed by physical commodities, serving as the standard medium of exchange.


A Token is a digital asset created on an existing blockchain, representing value or utility within its native ecosystem.

Satoshi Nakamoto

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Open-source software offers publicly accessible source code, allowing collaborative use, modification, and distribution.


KYC (Know Your Customer) is an identity verification process mandated by European regulations for Financial intermediaries.

Hard Fork

A Hard Fork represents a significant split in a blockchain due to protocol incompatibilities between new and existing versions.

Hot Wallet

A Hot Wallet is a cryptocurrency wallet that remains connected to the internet, offering easy access and management of digital assets.


Halving refers to the event where the reward given to miners for producing blocks on the Bitcoin blockchain is cut in half.


FinTech combines finance and technology, where companies innovate in financial services using advanced technological solutions.


Cryptography, a crucial component of secure communication, is the study and application of techniques for protecting information.


Cryptocurrency is a digital or virtual currency using cryptography for security, operating on a decentralised blockchain system.


A Coin is a primary form of cryptocurrency that operates independently on its blockchain, serving various transactional purposes.

Public Key

A Public Key is a unique cryptographic code for identifying a blockchain cryptocurrency wallet and is associted with a private kwy..

Private Key

A Private Key is a unique secure cryptographic code granting access to a cryptocurrency wallet and is associated with a public key.


APIs (Application Programming Interfaces) streamline the development of applications and web services by integrating functionalities.


Altcoins are cryptocurrencies launched after Bitcoin, offering alternative blockchain-based solutions and functionalities.


Anti-Money Laundering (AML) regulations are designed to prevent illegal activities and financial crimes in centralised exchanges.


An algorithm is a set of procedures or rules designed to perform specific tasks or solve problems integral to software development.


Exchanges provide services for buying and selling digital assets, operating on market-driven prices and facilitating cryptocurrency trade.

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