According to Avivah Litan, vice president and distinguished analyst at Gartner, Web 2.0 makes use of centralised services, servers, and software.
Power is not concentrated in the hands of central corporate authorities, but rather in the hands of decentralised autonomous organisations, from which it is distributed to stakeholders.
Large digital enterprises and service providers own customer data in the Web 2.0 world, which they mine for revenue.
Blockchain technology necessitates the validation of transactions, which are then recorded in a public ledger for all to see.
There is no centralised control, such as that provided by a financial institution, and there are no intermediaries to pay.
Web 3.0 users will have private keys that will allow them to access their records on a blockchain.
Artificial intelligence, machine learning, and natural language processing are not inherently Web 3.0, but they will be important in Web 3.0 by enabling immersive user experiences.
Edge computing is a Web 3.0 foundational technology that will enable support for data-heavy immersive experiences.
Edge computing is a foundational technology for Web 3.0, enabling support for data-heavy immersive experiences such as video, AI, augmented reality (AR), and virtual reality (VR).
According to Likens, metaverse-like experiences on Web 2.0 are flat and two-dimensional. On Web 3.0, the metaverse will be three-dimensional.