Web 3.0 Is Solution To Data Privacy, Benefiting Education Sector: AcknoLedger Founder

Web 3.0 is the emerging phase or the latest phase of the evolution of the internet. It is based on the concept of creating a totally decentralised ecosystem. This new technological dimension believes in leveraging the power of Artificial Intelligence, machine learning, and the latest technologies like blockchain to solve the problems of the present-day internet and online ecosystem.

Elaborating further, AcknoLedger Founder Abhishek Singh Rajpurohit told Opportunity India that using Web 3.0 which based on decentralised system solves the major issue of privacy and helping people to not get exposed to other parties who can store your vital data.

Differentiating between Web 2.0 and Web 3.0, he said, “Under Web 2.0, Any type of content or whatever content you create, is powered by certain company for instance, if you are writing on Facebook then it is owned by that platform. Ownership is not with the creator under this system. In Web 3.0, any type of content you create, the ownership remains with you.”

He said that now-a-days everything you do online whether it is searching information or posting anything on social media or even you are buying products online, your information is being given to third party resulting in the privacy breach. “First of all the Web 3.0 solves the privacy issue which is a major problem. On this platform, you are always anonymous,” he added.

He said that decentralised system is benefiting people as the power is distributed and one can control things own their own. He said the decentralised system makes several things easy as people used to approach newspapers and radio channels to promote their business because there was no other medium to do that but the decentralised system gives you the power to create one’s own content and one can run ads on the small level.

Speaking on the tension between the technology industry and government over the decentralised system, he said, “This already has been happened. A lot of founders which I know have moved out of India however, there is always a regulating body which decides a certain things are permissible and certain things are not and once the government start working on this framework, I think things will start getting better but as of now, we are very early stage of Web 3.0 so we do not know what happens in the future.”

He said that ‘nobody can control a technology’ but there will be certain framework from government stand point but ‘I don’t think that Web 3.0 can completely be regularised because there will always be certain loopholes.”

“The best way for the government and industry to let this Web 3.0 to grow is to work together,” he added.

He also expressed disappointment on the recently dissolution of blockchain and digital assets unit and said, “I really think that’s very wrong move as people who are in Web 3.0 and blockchain environment will definitely be demoralised. I am not very happy with what happened.”

Impact Of Web 3.0 On Education

He said that Web 3.0 has already started showing good result in terms of education. “There are certain areas in the world that you cannot reach physically but there are classrooms which have been conducted in metaverse. So, if you have internet, you can be a part of it and can learn anything across the world,” he said.

He said, in online system, there is only one-way communication between students and teachers but in Metaverse, students at large can interact with each other and can exchange ideas. “That’s how the new ideas will emerge,” he concluded.