It makes sense, given the limits of the current Internet generation, that search engines like Google have been exploiting user data to produce authoritative analysis and reports that aid businesses in growing. On the same page, Web 3.0, the new Internet generation, has arrived and is comprised of a group of technologies known as Web3 technologies.
Nowadays, Web3 technologies are gaining popularity, notably due to their use of alternate worlds, cryptocurrencies, and digital assets like NFTs. In the future, virtual reality, blockchain, and the metaverse will all be used in search engine optimization to improve the human-machine connection.
What is Web3?
Blockchain technology serves as the foundation for Web 3.0, a decentralised version of the web. Web3 offers excellent security and direct ownership access thanks to its use of blockchain technology.
While user-generated material powers the internet in Web 2.0, those who produce it have no authority over or influence over it. Web 3.0 aims to remove the "gatekeepers," or those now in charge, such as major tech firms, search engines, and social media platforms, while granting consumers equal access.
Trust and ownership are prioritised in Web3, enabling:
Peer-to-peer interaction
open access to the stored data
Access to content that doesn't need permission
There is hope that as our internet safety increases, data collection and privacy violations will also drastically decline.
The goal of Web3 is to cut out the middlemen (faceless organisations) and establish an open, secure, and accessible online environment.
Nowadays, posting material online necessitates faith in established corporations and organizations. High levels of trust in our banks, governments, and other organisations that power our favourite applications are necessary for Web 2.0.
The possible threat our internet's evolution will pose to the most well-known corporations online, Google and Meta, is highlighted by Bloomberg Views (formerly Facebook). The majority of the revenue generated by both companies comes from their ad-based business models.
For more than a decade, Facebook has dominated the social media landscape. However, things are starting to shift as Meta recorded a decline in daily active users for the first time in its 18-year history. Following the news, the price of Meta shares fell by 20%.
In order to survive in this new online iteration, larger companies may need to create novel business models as privacy becomes an issue that customers value more and more. For businesses like Amazon that have laboured to develop a broad revenue model, providing room for themselves and similar businesses to dominate, there is more optimism.
Some people think Web3 will be remembered as the official reason SEO died, but this is improbable. The main components of Web3 are not NFTs, metaverses, or the crypto-craze, despite the fact that they are receiving the most attention online. These are just a few applications for blockchain technology.
The internet will always be a place where information reigns supreme. SEO will continue to exist as long as search engines exist and consumers need information online.
The most likely scenario is that SEO will change, becoming the same superhero in a new outfit. Businesses will look for strategies to appear in the results as long as individuals continue to use the internet for searching. Thus, SEO best practises will change as online navigational tools do.
The main opportunity is that data is decentralised because Web 3.0 uses indexing criteria to retrieve data from multiple Internet networks.In contrast to Web 2.0 search engines that rely on controlled access, Web 3.0 search engines offer a public dataset that is available for use by everyone.
One of the most significant improvements provided by Web 3.0 to search engines is that it will make data processing, management, and storage simpler and more efficient. Data can now be divided up and stored on many devices, which differs from the traditional architecture and increases storage security. Because of this, unlike Web 2.0's single data storage system, if someone wants to access the data storage and fetch something without proper access, they must check every data storage and find the data they need.
AI will be used in every facet of life to do computational jobs that humans are capable of. Artificial intelligence (AI) will be used to make decisions about autonomous vehicles or digital marketing strategies with a better understanding of user psychology, which will lead to the development of an insight that will further necessitate strategy development from marketers. In addition to this basic use, AI can sort information and filter out pertinent data for any work in much less time than any human.
One of the most well-known additions that can address several problems with how search engines now operate is blockchain. By regularising the data-sharing concept, it will regularise the security checks on the Internet. Massive volumes of data generated every minute will benefit from next-generation security thanks to distributed data storage, and distributed ledger technology will help keep track of every data transaction that takes place on the chain. This will make transactions swift and help marketers target customers more effectively by enabling businesses and marketers to collect data directly from customers without the need for a third party. Any entry in this ledger cannot be deleted without a "vote" from every link in the chain.
Seeing Web3 is the only thing we can do to prepare for it. Although uncommon, these latest adjustments may make it simpler for businesses and consumers to connect with search. According to specialists in the field, now is the ideal time to learn about Web3 technologies like blockchain, metaverse, NFTs, and others in order to comprehend how they will affect your job. Future businesses will all adopt Web3 technologies, and they will soon become commonplace. This will cause a rise in demand for Web3 specialists and professionals. It's time to master these cutting-edge technologies and offer them your best effort.
Throughout the past thirty years, there have been significant changes to the Web's ecosystem. Since the earliest iteration of the World Wide Web, when text-based data was mostly transferred via the internet, there have been many developments. Web 3.0 is poised for widespread acceptance, and users all over the world are beginning to discover how it offers solutions to practically all of the problems and worries related to the current version of the internet. We think it is evident from what we have said that the need for search engines and SEO will always be present. Just because Web 3.0 has features like decentralization, distributed data storage, and a slew of new technologies being developed to create new resources, search engines will undoubtedly adapt and level up to work with it.