Imagine a new type of internet that not only accurately interprets what you input, but actually understands everything you convey, whether through text, voice, or other media, one where all content you consume is more tailored to you than ever before. We are at the tipping point of a new phase in the web’s evolution. Some early pioneers call it Web 3.0. Arguably, there are a few early-stage Web 3.0 applications that already exist today, but until the new internet becomes fully embedded in the web infrastructure, their true potential cannot be observed.

Web 3.0

Web 3.0 is the upcoming third generation of the internet where websites and apps will be able to process information in a smart human-like way through technologies like machine learning (ML), Big Data, decentralized ledger technology (DLT), etc. Web 3.0 was originally called the Semantic Web by World Wide Web inventor Tim Berners-Lee and was aimed at being a more autonomous, intelligent, and open internet.

Definition: What Is Web 3.0?

Data will be interconnected in a decentralized way, which would be a huge leap forward to our current generation of the internet (Web 2.0), where data is mostly stored in centralized repositories. Furthermore, users and machines will be able to interact with data. But for this to happen, programs need to understand information both conceptually and contextually. With this in mind, the two cornerstones of Web 3.0 are semantic web and artificial intelligence (AI).

The Web 3.0 definition can be expanded as follows:

As Web 3.0 networks will operate through decentralized protocols — the founding blocks of blockchain and cryptocurrency technology — we can expect to see a strong convergence and symbiotic relationship between these three technologies and other fields. They will be interoperable, seamlessly integrated, automated through smart contracts, and used to power anything from microtransactions in Africa, censorship-resistant P2P data file storage and sharing with applications like Filecoin, to completely changing every company conduct and operate their business.

Web 3.0, Cryptocurrency and Blockchain

There are a few details that we need to keep in mind when looking into Web 3.0 tech. First of all, the concept isn’t new. Jeffrey Zeldman, one of the early developers of Web 1.0 and 2.0 applications, had written a blog post putting his support behind Web 3.0 back in 2006. But talks around this topic had begun as early as 2001.

Web 3.0 Technologies:

Web 3.0 will be born out of a natural evolution of older-generation web tools combined with cutting-edge technologies like AI and blockchain, as well the interconnection between users and increasing internet usage. Apparently, Internet 3.0 is an upgrade to its precursors: web 1.0 and 2.0.

Evolution of the Web 3.0 Technologies:

Web 1.0, also called the Static Web, was the first and most reliable internet in the 1990s despite only offering access to limited information with little to no user interaction. Back in the day, creating user pages or even commenting on articles weren’t a thing. Web 1.0 didn't have algorithms to sift internet pages, which made it extremely hard for users to find relevant information. Simply put, it was like a one-way highway with a narrow footpath where content creation was done by a select few and information came mostly from directories.

Web 1.0 (1989-2005):

The Social Web, or Web 2.0, made the internet a lot more interactive thanks to advancements in web technologies like Javascript, HTML5, CSS3, etc., which enabled startups to build interactive web platforms such as YouTube, Facebook, Wikipedia, and many more. This paved the way for both social networks and user-generated content production to flourish since data can now be distributed and shared between various platforms and applications. The set of tools in this internet era was pioneered by a number of web innovators like the aforementioned Jeffrey Zeldman.

Web 2.0 (2005-present):

Web 3.0 is the next stage of the web evolution that would make the internet more intelligent or process information with near-human-like intelligence through the power of AI systems that could run smart programs to assist users. Tim Berners-Lee had said that the Semantic Web is meant to "automatically" interface with systems, people, and home devices. As such, content creation and decision-making processes will involve both humans and machines. This would enable the intelligent creation and distribution of highly-tailored content straight to every internet consumer.

Web 3.0 (yet to come)


To really understand the next stage of the internet, we need to take a look at the four key features of Web 3.0: <ul><li>Ubiquity </li><li>Semantic Web </li><li>Artificial Intelligence </li><li>3D Graphics</li></ul>

Key Features of Web 3.0:

Ubiquity means being or having the capacity to be everywhere, especially at the same time. In other words, omnipresent. In that sense, Web 2.0 is already ubiquitous since, for instance, a Facebook user can instantly capture an image and share it, which then becomes ubiquitous since it's available to anyone no matter where they are, as long as they have access to the social media platform.

(1)Ubiquity

Web 3.0 simply takes this a step further by making the internet accessible to everyone anywhere, at any time. At some point, internet-connected devices will no longer be concentrated on computers and smartphones like in Web 2.0 since IoT (Internet of Things) technology will bring forth a plethora of new types of smart devices.

(2) Ubiquity

Semantic(s) is the study of the relationship between words. Therefore, the Semantic Web, according to Berners-Lee, enables computers to analyze loads of data from the Web, which includes content, transactions, and links between persons. In practice, how would this look? Let’s take these two sentences, for instance:<ol><li>I love Bitcoin</li><li>I <3 Bitcoin</li></ol>Their syntax may be different, but their semantics are pretty much the same since semantics only deals with the meaning or emotion of the content.

(1)Semantic Web:

Applying semantics in the Web would enable machines to decode meaning and emotions by analyzing data. Consequently, internet users will have a better experience driven by enhanced data connectivity.


(2)Semantic Web:

Wikipedia defines AI as intelligence demonstrated by machines. And since Web 3.0 machines can read and decipher the meaning and emotions conveyed by a set of data, it brings forth intelligent machines. Although Web 2.0 presents similar capabilities, it is still predominantly human-based, which opens up room for corrupt behaviors such as biased product reviews, rigged ratings, etc.

(1)Artificial Intelligence:

For instance, online review platforms like Trustpilot provide a way for consumers to review any product or service. Unfortunately, a company can simply gather a large group of people and pay them to create positive reviews for its undeserving products. Therefore, the internet needs AI to learn how to distinguish the genuine from the fake in order to provide reliable data.

(2)Artificial Intelligence:

Google’s AI system recently removed around 100,000 negative reviews of the Robinhood app from the Play Store following the Gamespot trading debacle when it detected attempts of rating manipulation intended to artificially downvote the app. This is AI in action, which will soon seamlessly fit into Internet 3.0, enabling blogs and other online platforms to sift data and tailor them to each user's liking. As AI advances, it will ultimately be able to provide users with the best filtered and unbiased data possible.

(3)Artificial Intelligence:

Some futurists also call Web 3.0 the Spatial Web as it aims to blur the line between the physical and the digital by revolutionizing graphics technology, bringing into clear focus three-dimensional (3D) virtual worlds. Unlike their 2D counterparts, 3D graphics bring a new level of immersion not only in futuristic gaming applications like Decentraland, but also in other sectors like real estate, health, e-commerce, and many more.

Spatial Web and 3D Graphics


A common requirement for a Web 3.0 application is the ability to digest large-scale information and turn it into factual knowledge and useful executions for users. With that being said, these applications are still at their early stages, which means that they have a lot of room for improvement and are a far cry from how Web 3.0 apps could potentially function. Some of the companies that are building or have products that they are transforming into Internet 3.0 applications are Amazon, Apple, and Google. Two examples of applications that utilize Web 3.0 technologies are Siri and Wolfram Alpha.

Web 3.0 Applications


Over the years, Apple’s voice-controlled AI assistant has grown more intelligent and has expanded its abilities since its first appearance in the iPhone 4S model. Siri uses speech recognition, along with artificial intelligence, to be able to perform complex and personalized commands. Today, Siri and other AI assistants like Amazon’s Alexa and Samsung’s Bixby can understand requests such as “where is the nearest burger joint” or “book an appointment with Sasha Marshall at 8:00 am tomorrow” and immediately come up with the right information or action.

Siri

Wolfram Alpha is a “computational knowledge engine” that answers your questions directly by computation, as opposed to giving you a list of web pages like search engines do. If you want a practical comparison, search “England vs brazil” on both Wolfram Alpha and Google and see the difference. Google gives the results of the World Cup even if you didn’t include “football” as a keyword, since it is the most popular search. Alpha, on the other hand, would give you a detailed comparison of the two countries, as you asked. That’s the key difference between Web 2.0 and 3.0.

Wolfram Alpha


The new internet will provide a more personal and customized browsing experience, a smarter and more human-like search assistant, and other decentralized benefits that are hoped will help to establish a more equitable web. This will be achieved by empowering each individual user to become a sovereign over their data, and creating a richer overall experience thanks to the myriad of innovations that is to come once it is in place.

(1)Closing Thoughts:

When Web 3.0 inevitably arrives — as hard as it is to fathom considering how smart devices have already changed our behavioral patterns — the internet will become exponentially more integrated into our daily lives. We will see nearly all of today’s normally offline machines, from home appliances like ovens, vacuums, and refrigerators to all types of transport become part of the IoT economy, interacting with its autonomous servers and decentralized applications(DApps), advancing new digital realms like blockchain and digital asset to power a myriad of new tech “miracles” for the 21st century.

(2)Closing Thoughts:

What Ever May Get Invented in this World but One things can't be Replaced is Human. We Should Support the Development but don't Let it get Dominance on Us

Hope You Enjoyed reading & Got some Impact-full Learnings from this article, If you Did then Hit the like button & put a comment. This helps us to work harder & Smarter Day by Day. & it motivates us to make this kind of content...Now this Article is Available in Audio Format as Well, Also we are “AudioBook Media Center” now Available on All Popular Podcast Streaming Platforms Like:- Spotify, Apple Podcast, Google Podcast, Anchor, radiopublic, Pocket Casts & Breaker.<a href="https://unboxingspace21.blogspot.com/2022/03/all-about-web-30.html">For Detailed Article visit Website: Click Here  </a>© Copyright 2021-22, All Rights Reserved, Unboxing Space.

Add-On

As we Evolving very rapidly to words the Web 3.0 And we are entering into the world of Technology. So, it our responsibility to Know about it & Understand it’s working. Here is a Quick overview of It. Hope it will help you to understand it.

technologyandthefuture

Technology & The Future

artificialintelligence

Artificial Intelligence

All About Web 3.0

Metaverse platforms intentionally limit the size of their digital worlds, so they can parcel out pieces of land to be bought and sold on virtual real estate marketplaces.Across the top 4 metaverse platforms — Sandbox, Decentraland, Cryptovoxels, and Somnium — there were over $500 million worth of virtual real estate sales just last year. Virtual real estate got a boost during the pandemic, when people started spending more time online, and then another one when Facebook changed its name to Meta.

What Is Virtual Real Estate?

Virtual real estate is a highly speculative investment. Still, there are some basic principles to evaluating virtual real estate. <ul><li>Building something interactive on the land can raise a property’s value because it allows you to charge for admission or lease out space.</li><li>Heavily-trafficked areas are also going to be worth more. The more avatars that visit a property, the more you can make from foot traffic or selling ad space.</li><li>Being close to other valuable properties can make yours more valuable. </li><li>The value of virtual real estate depends entirely on how much other people value it — just like money.</li></ul>

How Much Is Virtual Real Estate Worth?

<ul><li>The future of the metaverse is still uncertain. </li><li>There’s no way to know which metaverse platforms will stand the test of time. </li><li> Digital land can be infinitely replicated. And yet scarcity of land is what gives it value. So virtual land is vulnerable to a high level of volatility.</li><li>When you buy virtual real estate, you’re also buying something that’s not tied to reality. People just don’t need virtual property the same way they need physical property. </li><li>Metaverse platforms rely heavily on blockchain technology. Most use cryptocurrencies for processing real estate transactions, which are highly vola<warningtag>tile in and of themselves. </warningtag></li></ul>

The Risks of Investing in Virtual Real Estate

Ultimately, the value of virtual real estate depends entirely on how much other people value it — just like money.

crypto

Cryptocurrency

moneyandinvestments

Money & Investments

Is Virtual Real Estate in the Metaverse a Good Investment?

Always when you speak to some Then make sure to Mention their Name Instead of (Bro, Buddy, ETC). It creates a culture of respect, recognition, and consideration for the discussion.

1. Call People by their name:

Writing an Email to yourself isn’t just a fun exercise for writers; everyone can (and should!) give it a try. You might wonder what should go in a letter to yourself, but the answer is, anything that is important to you! <a href="https://audiobookmc.blogspot.com/2022/02/why-you-should-write-letter-mail-to.html">Click Here to Read More.</a>

2. Write emails to yourself in the Future:

Don’t try to remember all the things Because remembering all the things is not easy stuff & Human brain isn’t made for it. So, let the things go according to Brain.

3. Do not try & remember everything:

When you Wake up then just do smile in front of the mirror & say to yourself Awesome it will help you to build Confidence & Most important is Self Love.

4. Wake up and smile at the mirror(Awesome): 

Meeting new people every week will help you to increase Your communication skill, Confidence in facing new people, & with this, you get to learn some new things from the next person. You Might do this via; Video Conference, One on One, Email, or anything which makes your Conversation.

5. Meet someone new every week:

Reading is also called the path for success, don’t keep Big Target's just start with daily 30min of reading a book or whatever you want which will help you to increase you Knowledge. after this you can increase your time according to you.

6. Read 30 minutes every day without setting any goals:

Being Gratitude is a life-changing skill in itself, it shows about your personality & your social character. It is also important because nowadays we are taking people for granted, So we have to change this mindset.

7. Say thank you even if they’re not listening to you. (Gratitude):

This means that you are should depend on your luck, you have to search for it because nothing is gone come to you on the base of luck. So, you have to daily do stuff that keeps your Energy on Full-High As well as your Motivation.

8. Don't leave inspiration to chance:

It is Not Important how much you Invest It is how Consistently you Invest, Investing is an effective way to put your money to work and potentially build wealth, Smart investing may allow your money to outpace inflation and increase in value. The greater growth potential of investing is primarily due to the power of compounding and the risk-return tradeoff. So, due to this, you have to make sure to invest every Month, Especially in your 20’s because by the age of 40-50 you are sitting on such a big Corpus you even can’t imagine it.

9. Invest every month:

Many decisions we take with Emotions like when every we are buying a car, house, phone &, etc. I am not telling you that it is not a good decision to have these things. But the point is that think about it wisely take your own time & make a Practical decision. To make a Practical decision you can use Excel Sheet to cross Check your decision.

10. Know and learn numbers before emotions:

Everyone has their own Problems But some problems are there which don’t let you sleep at night. I know that you have been Trying to short this problem but due to the issue of Procrastination, you haven’t done it. <a href="https://audiobookmc.blogspot.com/2022/01/8-tips-to-avoid-procrastination.html">Click here to Learn More about Procrastination.</a>

11. Do something about the problem that doesn't let you sleep at night:

Breathe deeply this is one of my regular based activity. Whenever you Get Anger, Confused, Pressure, Stress, or any other Situation in which your brain feels Out. then take a deeply Breathe. it will work like Clearing the ram of your phone to Brain, it will suddenly start working with more Energy. this can also work as Quick Meditation if you do Meditation regularly.

12. Breathe deeply(Sudden Meditation):

Nowadays we many of are working remotely from our comfort zone but after some we get Bored, it just because our sub-conscious Mind gets notified when you wore Cloths which you mainly ware after work(Shorts, Tees &, etc) or Night ware. So, you make sure to wear proper clothes which you ware for your Office or any other Formal ware & Also this will help you to get into proper Disciplined manner. Same for the Students.

13. Dress up nicely every day (Keeps You Disciplined):

Compliment People when they do something which touches your heart then you always make sure to Compliment that person because your few words will help to & Inspire them to work on it. This Process will transfer the Positive Energy & When you transfer the Positive Energy Eventually you are also Getting it Back.

14. Compliment people:

When we hear the word Workout then we get Flashed by the GYM. So, it doesn’t mean just GYM anything which involves to physical activity like walking, Running, Dancing &, etc. One of the worst things you do is Messing with your body eating anything like junk food, no proper workout, etc. ( from the Personal Experience)

15. Workout every day (because health is no.1 priority):

The Pomodoro Technique is a Time management system that encourages people to work with the time they have—rather than against it. Using this method, you break your workday into 25-minute chunks separated by five-minute breaks. ... After about four pomodoros, you take a longer break of about 15 to 20 minutes.<a href="https://deepstash.com/idea/188787/rule-no-14-pomodoro-technique"> Click here for more.</a>

16. Use Pomodoro technique(can also work in a lazy situation)(25+5 Rule):

Nowadays we are just following anyone on social media or in the world of WEB 3.0, we have to just follow those people who are adding value to your life, those who add Knlowedge to your Infinite brain, you have to fill your brain with the Right Kind content. “Don’t run behind the Short time Pleasure Walk with Long term Pleasure, Happiness, Well-being & Kind.”

17. Follow only positive people:

Making a proper routine will help you to get Maximum things Done on time. <a href="https://audiobookmc.blogspot.com/2022/01/15-rules-for-productivity-in-study-work.html">Click here to read more about it</a>.

18. Follow a routine(Keeps You In Discipline): 

Meditation can give you a sense of calm, peace, and balance that can benefit both your emotional well-being and your overall health. And these benefits don't end when your meditation session ends. Meditation can help carry you more calmly through your day and may help you manage symptoms of certain medical conditions.

19. 15-20 Minutes of Meditation Daily:

Sit at a place where no Disturbance With the Focus and calm & Ask yourself one question that ‘what I am doing wrong & I know it, it is Wrong. Because when we ask this question we Realise the Truth, the very bitter truth, that truth which presents a solution to us, which we may not want to hear, but it is Important for us, We always know that something is not going right with us, we Always know that we are doing something wrong, but we don't want to accept it. We just never want to accept it, we never want to admit it & that becomes the reason Why we Struggle & fail in life.

20. Ask yourself, what am I doing wrong that I know that is wrong? 

Hope You Enjoyed reading & Got some Impact-full Learnings from this article, If you Did then Hit the like button & put a comment. This helps us to work harder & Smarter Day by Day. & it motivates us to make this kind of content... Now this Article is Available in Audio Format as Well, Also we are “AudioBook Media Center” now Available on All Popular Podcast Streaming Platforms Like:- <a href="https://open.spotify.com/show/7AKP8QnzAOzT5J2aBD2sFT?si=68fa619da4474eb0">Spotify</a>,<a href="https://podcasts.apple.com/in/podcast/audio-book-media-centre/id1566519844"> Apple Podcast</a>, <a href="https://podcasts.google.com/feed/aHR0cHM6Ly9hbmNob3IuZm0vcy81OWUwNjkyMC9wb2RjYXN0L3Jzcw==">Google Podcast</a>, <a href="https://anchor.fm/audiobookmediacenter">Anchor</a>, <a href="https://radiopublic.com/audio-book-media-centre-6Ngnmg">radiopublic</a>, <a href="https://pca.st/crhwmh5o">Pocket Casts</a> & <a href="https://www.breaker.audio/audio-book-media-centre">Breaker</a>. <h3>© Copyright 2021-22, All Rights Reserved, AudioBook Media Centre</h3>

Promo

“Don’t run behind the Short time Pleasure Walk with Long term Pleasure, Happiness, Well-being & Kind.”

Namaskaram, This a Quick Guide for Teenagers  "20 Habits you Should Know & Follow in Your 20’s" hope this will help you.

personaldevelopment

Personal Development

habits

Habits

20 Habits you Should Know & Follow in Your 20’s

Each Day Grants us a limited amount of Time Capital : 24h. Or 86.400 seconds.Similarly our daily Energy is limited : a few thousands calories every morning. Collected through our nutrition and our relationships.

Our Daily Time and Energy are Limited

Most People live in either :<ul><li>Regret of their Past : Nostalgia.</li><li>Hopes for their Future : Expectations.</li></ul>Past moments can never be retrieved. We have no Power on either Past nor Future.The only Moment we can control is the Present Moment. This instant. Be conscious & mindful ; it's already gone. Concept of Mindfulness : Our instant emotions in the present moment are the only true thing we can control.

Past Moments Are Gone Forever. Mindfulness

Each of us invest this limited Time ~ Energy Capital in various universe. Here are some examples of these investments :<ul><li>Work</li><li>Family</li><li>Friends</li><li>Children</li><li>Meals</li><li>Sleep</li><li>Meditation</li><li>Art, Creation</li><li>Exercise</li><li>Learning</li><li>Day Dreaming</li><li>Etc ;</li></ul>

We should be Free to Choose Where to Invest Our Time ~ Energy

An Employee working on a Job invests his Time & Energy in a Company.Similarly an entrepreneur invests his Time & Energy in a Project or Enterprise (synonymous in latin languages). In Reward for this investment, the Employee is granted Money. Therefore Money is a conversion vehicle ; a mean of transfer for the Time & Energy invested.This money will be Available and useful for Future Transactions into more Energy or Time.

How Can Money Be Time & Energy

Money ~ Time ~ Energy

This Powerful Equation helped me reprogram my personal relationship towards Money.

Chacune de nos journée nous accorde un capital temps limité : 24h. Ou 86.400 secondes. De la même manière nous disposons d’un capital énergie limité. Quelques milliers de calories par jours. Ce…

philosophy

Philosophy

timemanagement

Time Management

Life Currencies : Time ~ Money ~ Energy

<ul><li>Some scholars see mid-20th century Chinese typewriters as a basis for predictive text.</li><li>Today, predictive text lives in the liminal space between what you will type and what you mean to type.</li><li>It's a step beyond auto-correct.</li><li>Both are rooted in natural language processing (NLP), a field that combines linguistics and computer science.</li><li>In functionality, predictive text feels less like autocorrect and much more like the Google’s search engine’s autocomplete system, which guesses what you’re about to type into the search bar—based on what billions of other people are searching.</li></ul>

The origins of predictive text

<ul><li>Predictive text reinforces certain speech and serves as a reminder that no one is that original.</li><li>The future of typing may involve fewer misspellings and slightly less work.</li><li>In a few years, computers could play an even more active role in how we write. Eventually, we may not even need a keyboard to type, and could instead pantomime the movements.</li><li>Or maybe a neural implant like the one Elon Musk is pushing will usher in “think-to-type” technology. Depending on how such technologies are adapted, and by whom, typing itself may ultimately become obsolete.</li></ul>

The future of typing

Predictive text is in your email, your documents, and your social media—and it might be making you boring.

career

Career

writing

Reading & Writing

How predictive text took over the internet

While modern social networks have done a lot to enable human interaction, their infrastructure and operations leave much to be desired. Widespread censorship, arbitrary algorithm changes, privacy violations, intrusive ads, and undue exploitation of creators are some complaints levelled against legacy social networks.Blockchains can help create decentralized social media networks that are user-controlled, censorship-resistant, and private.

Coming Attraction In The Blockchain Sphere: Social Networks

Large social networks have billions of users combined—Facebook (2.91 billion), Twitter (290.5 million), and YouTube (2 billion).Modern social networks wield enormous power in society. Social networks can significantly influence our views and behaviours through the content they feed us.Social media companies implement algorithms that promote negative content to provoke user activity. They harvest user data and sell it to advertisers, who then populate our feeds with intrusive ads. They may even snoop on messages transferred between individuals.

The Problem With Legacy Social Networks

Social media companies earn huge profits from user-generated content but hoard a large percentage of this money. Worse, content creators can be de-platformed without warning, leading individuals to lose their means of livelihood.Moreover, vague content moderation policies and centralized control have made it pretty easy for social media companies to arbitrarily censor users. This is why major platforms like Twitter and Facebook have been criticized heavily for a perceived attack on free speech rights and suppression of opinion.

Biting The Hand That Feeds

Decentralized social networks are content creation and distribution platforms running on the blockchain. Many of these platforms attempt to correct the problems of Web2 social networks as highlighted in the previous section.Steemit, blockchain's answer to Medium, is a content curation platform that allows users to earn cryptocurrency based on the views their content gets.In Peepeth, the Twitter of blockchain, posts (called "peeps") cannot be deleted or altered once published.

Decentralized Social Networks

Web3 social networks may reward users for their time through watch-to-earn, learn-to-earn, play-to-earn, and other incentive programs. Some may even allow users to monetize their data and exchange it for crypto—as opposed to companies solely profiting from user data.

Giving It Back To The Users

Blockchains are distributed across multiple computers in a peer-to-peer system that's difficult to shut down or hack. To take down a blockchain like Ethereum, you'd need to find a way to control thousands of nodes running the network.With blockchain technology, we can build robust social applications that can run forever without interruptions. Dictators would be unable to censor public opinion by banning social media applications.

Why Blockchain Technology is Perfect for Social Media

Many decentralized online social networks have native tokens, which members buy to unlock features, tip creators, or access certain services.The token economy creates as much value for users as it does for platform owners. In some cases, especially when social networks operate as Decentralized Autonomous Organizations (DAOs), tokens give holders the power to vote on the direction of the project. This users-as-members system makes people more committed to the network and ensures its long-term survival.

Token Economics And DAOs

Influencers and content creators could further maximize earnings by creating subscription-based content. Using built-in micropayment systems like Lightning Network, content creators would be able to create steady streams of income instead of relying on platform owners for earnings.Because blockchain projects are (mostly) open-source, users can inspect the algorithms used to control our social media feeds. No longer will Big Tech implement secret algorithms built to exploit user attention or promote divisive and harmful content.

Subscription Based Content

Censorship-resistant social applications are good until people start to spread dangerous messages. It would be difficult, if not downright impossible, to moderate such harmful content and protect users.While decentralized social media networks promise security and failure-resistant operation, low transaction speeds may harm the user experience. Imagine having to wait 10-15 minutes for your tweet to go live on the blockchain. Or waiting for 20-30 minutes for your YouTube video to upload because the network is clogged.

Challenges of Decentralized Social Networks

To truly scale and accept more users, decentralized social networks would need innovative solutions to solve blockchain data storage issues. Potential solutions include storing data off-chain on decentralized servers like Arweave, InterPlanetary File System (IPFS), and Filecoin.Another interesting solution is using blockchains, like Deso, built specifically for social media applications. These blockchain networks typically have better on-chain storage, faster transaction speeds, and other features necessary for scaling social media applications.

The Issue Of Scale

Decentralized social media networks are undoubtedly one of the most exciting applications of blockchain technology yet. Blockchain-powered social applications could create a safer, private, valuable, and better experience for users and fix the broken system we have currently.However, there's still a long way to go before a decentralized Twitter becomes widely accepted. Issues, such as poor scalability, data privacy, and on-chain storage, must be addressed fully before Web3 social media becomes a reality.

The Bottom Line

Social Media is never going to be the same again.

 Learn what decentralized social media networks mean, how they work, and what benefits they offer to users. 

marketingandsales

Marketing & Sales

artsandculture

Society, Arts & Culture

Social Media Networks are Coming to the Blockchain

The global facial recognition market size was evaluated at $3.8 billion in 2020 and is expected to reach $8.5 billion in 2025, growing at a CAGR of 17.2%.However, the costs of facial recognition software are challenging to estimate. There are hidden expenses that companies tend to overlook and, as a result, surpass the allocated budget.

Deploying Facial Recognition Systems

Facial recognition systems are considered the most reliable among biometric identification forms, such as fingerprints and iris recognition.But the technology has its challenges. The facial recognition process often occurs in an uncontrolled environment with variable lighting conditions and dynamic backgrounds. Other factors affecting recognition quality include facial expressions, a person’s age, and ethnicity.

The Workings of A Facial Recognition System

<ul>
<li>Hardware: includes servers and devices responsible for capturing images.</li>
<li>Connectivity technology: allows hardware devices to transmit images for further analysis either to the cloud or to other devices on-premises.</li>
<li>Facial recognition software: a biometric tool that extracts faces from images and matches them to the existing database of faces for identification.</li>
<li>Database of faces: a collection of identities, such as an employee database or a hub for social media images.</li>
<li>Client-side web/mobile app: an interface that enables users to view the results.</li>
</ul>

The Five Main Components Of A Facial Recognition System

After detecting a face, facial recognition software reads the facial geometry, which encompasses around 80 different elements. The key features include the distance between the eyes, eye socket depth, cheekbone shape, and jawline length.When the analysis is complete, the tool will generate a facial signature as a mathematical formula and will compare it against other faces in the repository.Facial recognition systems have many exciting applications in different industries.

How Facial Recognition Systems Work

Companies need to carefully consider their hardware choices to avoid getting their hopes high with a software solution that their devices can’t handle. But at the same time, firms shouldn’t overpay for computational resources that they will not use.To have a working facial recognition system, you will need to procure cameras, switches, kilometres of cables, and servers for data storage and processing (unless you’re planning to use the cloud). All these utilities will add up to your facial recognition system’s price.

The Hardware

The camera type and its location depends on the desired coverage, image quality, and angle of view. Examine the location where you want to install cameras. In the case of poor lighting conditions, opt for devices with built-in features that can compensate for the lack of light and still produce images that your facial recognition software can work with.Also, some facial recognition algorithms require 3D cameras. You might consider purchasing cameras that come with pre-installed computer vision software installed and can accomplish tasks like pre-processing and face detection.

The Camera

If the chosen format is not powerful enough, it will cause delays and quality degradation. To identify a person posing in front of a camera, we need two neural network models – a face detector and a face recognizer. We can process around six frames per second. With these requirements, one could make do with a low-cost graphics processing unit (GPU), and even a central processing unit (CPU) might suffice. However, if we complicate this task by tracking people’s trajectories and actions or even increasing the number of cameras, we will have to procure a more powerful and expensive GPU.

Hardware Configuration

Facial recognition solution vendors allow client companies to use their APIs, but you still need to integrate them into your system.You can turn to custom software vendors to facilitate integration and build a client-side application, which allows you to reap the full benefits of the facial recognition software. For example, integrating a tool that only does face detection and identification will cost you at least $3,000, and this number will increase with the scope of the facial recognition solution.

Facial Recognition Software

If a company operates from a remote location where different communicating objects are positioned far apart, you will need to establish a reliable communication channel. Such high-quality cables can be even more expensive than servers and cameras and will account for a large portion of the total costs of a facial recognition system.

Connectivity Requirements

Some off-the-shelf solutions, such as Face++, set their prices based on the classifiers used, with more complex classifiers being more expensive.Custom facial recognition solutions: The system may include classifiers, such as face detection, face verification, face grouping, similar face search, etc. The more models you accumulate, the more it will cost. But the number of classifiers is only one of several attributes impacting complexity. Other parameters include the solution’s scalability, number of images being processed, security requirements, availability, and fault tolerance.

The Complexity of Your Facial Recognition Solution

System complexity directly influences the costs of facial recognition software. You can deploy a tool with limited functionality for a few thousand dollars, while a highly complex and secure solution will cost you up to $1,000,000 and even more.The location of operations also influences the total price. If you need to survey large warehouses with hundreds of cameras, hardware costs will form a large part of your expenditures. But even with complex solutions, you can plan ahead to ensure the allocated budget is wisely spent.

How to Minimize Facial Recognition System Costs in the Long Run

<ul><li>Opt for a ready-made solution if you have standard requirements and want something to be up and running in a matter of days without spending a lot on infrastructure.</li><li>Invest in your system's security.</li><li>If you have unique and complex requirements, then it is best to invest in a custom facial recognition solution.</li><li>Don't procure hardware with barely enough power and storage capacity to cover your current needs.</li><li>Leave a margin for estimation errors and possible business expansion.</li><li>Make sure the data you use represents your target population faithfully.</li></ul>

Tips to Help You Make Cost-Effective Decisions

With the help of a facial recognition system, federal agents could capture a person suspected of illegal activity. 

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Things You Need to Know Before Installing a Facial Recognition System

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