Imagine a new type of Internet that not only understands exactly everything you type, but also actually understands what you ask it to, whether by text, voice or otherwise; in which all the content you consume is adapted for you more than ever before. We are at the turning point of a new stage in the evolution of the Internet. Some pioneers call it Web 3.0.
Some early-stage Web 3.0 applications already exist today, but until the new Internet becomes fully embedded in the web infrastructure, their true potential will be impossible to see.
Definition: what is Web 3.0?
Web 3.0 is the upcoming third generation of the Internet, in which websites and applications will be able to process information almost like a person, using technologies such as machine learning (ML), big data, decentralized registry technology (DLT), etc. Initially, the inventor of the World Wide Web, Tim Berners-Lee, called Web 3.0 the semantic web, and the focus of the technology was focused on creating a more autonomous, intelligent and open Internet.
You can also imagine Web 3.0 like this: data will be interconnected in a decentralized way, which will be a huge step forward compared to our current generation of the Internet (Web 2.0), where data is mainly stored in centralized repositories.
In addition, users and machines will be able to interact with the data directly. But in order for this to happen, programs need to understand the information both conceptually and contextually. With this in mind, Web 3.0 is the semantic web and artificial intelligence (AI).
Web 3.0, cryptocurrency and blockchain
Since Web 3.0 networks will work through decentralized protocols, the fundamental blocks of blockchain technology and cryptocurrencies, we can expect strong convergence and symbiotic relationships between these three technologies and other areas. They will be functionally compatible, easily integrated, automated using smart contracts and will be used to provide anything from microtransactions in Africa, censorship-resistant P2P data storage, as Filecoin suggests, to a complete change in the usual procedures for managing companies and doing business.
An idea that is gaining strength.
What if our skills in deep learning, blockchain, data and software development would allow us to track the spread of information on the Internet and get as much content as possible? What if web3, this new network based on blockchain and cryptocurrency technologies, gave us the tools to do this?
Thus was born Exorde: a web3 protocol capable of clearing the way in the web jungle.
The first problem we had to face was to be able to keep track of the pace of the network. The data streams that circulate on the Internet are really gigantic (7.7 exabytes per day in 2021).
Then how can we monitor the information circulating on social networks and on the Internet in real time? These ambitions may seem crazy, but we are convinced that Exorde is the only solution capable of achieving this today.
Because our approach uses a tool that was previously neglected: decentralization. By creating a very large community of developers and data specialists who will collect and link information from the Internet, we will be able to scale and track more and more information.
Using the technical knowledge of our participants regarding the standardized web data processing protocol, we combine the skills and bots of each to combat misinformation.
But it is not easy to unite many participants around Exorde, and this is where the advantage of web3 comes into play: the possibility and simplicity of creating an economy capable of organizing and financing our ecosystem.
Therefore, we decided to create our EXD cryptocurrency, which will allow us to reward participants for their work and motivate as many people as possible to participate in the Exorde protocol.