The Revolution of Web 3.0 and the Metaverse with Metabank

themilostodor (41)in #crypto • 2 years ago

There are a lot of webs here: Web1.0, 2.0 and 3.0. However, you'll never be able to fully comprehend the third without knowing the previous ones that preceded it. Let's delve in deeper!

Web 1.0

Web 1.0 is the initial phase of World Wide Web evolution. There were the handful of content creators who were part of Web 1.0 with a huge majority of users users of content. Personal web pages were the norm composed of mostly static pages.

The initial internet was about the pages and were connected to an internet system via hyperlinks. Imagine a huge digital encyclopedia without the visuals and controls, forms and interactivity that are associated with the internet of today. It's the reason it's called"the "read only" web.

Web 2.0

In the age of Web 2.0, the focus changed from a tiny number of people creating an enormous amount of content to a vast number of people creating additional content.

This type of internet focused on UGC accessibility, user-friendly interaction and participation as well as compatibility with other systems and devices. In essence, it was focused on the user's experience.

Some of the components which are part of Web 1.0 can include:

The sorting service is free of charge for data

Developed APIs
Self-usage
Dynamic content

Wide-spread use across the entire society and not limited to particular communities

Web 3.0

It is referred to for being the new internet. It is a place that allows users to use decentralised, completely anonymous platforms.

Web 3.0 was conceived as an intelligent, autonomous as well as open Internet.

The internet would incorporate AI and ML that process data similar to the "global brain", with every data point being linked to be context-specific and conceptual. However, it didn't work. The technology just wasn't.

Also, the decentralised technology that have been exploding in the past couple of years -- such as De-Fi Blockchain, NFTs AR Cloud, Distributed ledgers, AI and ML, The Metaverse will result in the beginning of a shift towards data decentralisation as well as a safe, transparent internet.

Some of the elements which are part of Web 3.0 may include:

Semantic web, in which web technology is enhanced to make, share and link content via the use of search and analysis, which is using comprehension, not the key words.
AI and ML
Connectivity of various devices and applications through the Internet of Things
3D graphics
Interactivity is not required to use an intermediary that is trusted
Participation is not dependent on the need to obtain authorisation from an controlling body

Joining the Web3 Metaverse

There are numerous ways to participate in the thrilling world of the Web3 metaverse. For instance, you can be the first person to join a bank in the metaversecalled Metabank. Metabank can provide Defi and traditional banking services such like staking, loans debit and credit cards OTC. In addition, we offer decentralized peer-to-peer lending, with no intermediaries, or "middle-men". There are branch offices in every metaverse, customers care agents, avatars and a mobile application.

Metabank: First bank decentralized in the Metaverse

Metabank is the first bank that is decentralized within the Metaverse. Through the Metabank app, connect your account and bank wallets to obtain a virtual credit card from Visa as well as MasterCard. Metabank can be used across all Metaverses and within the world. With the advent of web 3.0 the boundaries of the real and virtual worlds are changing.

Metabank features include:

Virtual credit or debit cards
Payments made through IBAN accounts that are connected IBAN accounts
Crypto-currency payments
Internal and connected wallets as well as Connected
P2P loans
Staking and yield farming
Remittance
Governance token

Metabank is already become a fully functioning product. It is available to download via Google Play from next week and the iOS version is expected to be out in the near future on the App Store as well.

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