When the world first moved to Web 2.0, people were left in awe of the privacy and user-oriented scheme. But over time, it became clear that another upgrade was needed, given the massive amount of data stored with organizations and the need to regulate it as per the user’s consent and convenience. This led to the birth of Web 3.0, a massive upgrade over the second generation of the Internet, which aims to put users in control over their personal information and data. Web 3.0, though relatively new, has created quite a storm and already has the attention of experts, tech enthusiasts, and even ordinary users worldwide.
Web 3.0 is the future of the Internet, and it has rightly been identified as so. It aims to solve the massive loopholes in managing and sharing data by large organizations with third parties, where users have practically no rights or say and, in most cases, are unaware of it even happening. With Web 3.0, the data is stored on the user’s device instead of a centralized server, wherein the organization is the primary custodian.
Benefits of Web 3.0
Now that you have a fair understanding of the concept let’s dive into some of the primary benefits of Web 3.0.
- Ability to remain anonymous: This is one of the most significant benefits of Web 3.0 for many. In Web 3.0, users can remain anonymous and not share their personal information or anything that identifies them. It plays a vital role in the blockchain domain, where users may want to keep themselves off the radar of the government or local authorities.
- No individual authority: Web 3.0 is based on the concept of decentralization, which eliminates the role of central authority and puts users in complete control. On Web 2.0, organizations could bring in a wide array of changes and simply notify users after these were enforced completely disregarding their interests and privacy. There have been several cases of organizations being fined or their actions challenged in the courts of law. And in most of these cases, they ended up going for an out-of-court settlement or paying hefty fines, the former being the primary choice. Meta, previously Facebook, had a rough experience with the legal authorities owing to similar concerns and had to empty its coffers. Users can finally bid farewell to these unethical practices with Web 3.0.
- Enhanced control over data: Web 3.0 is beneficial not only to the user but also to organizations willing to let go of complete authority and transition to more privacy-oriented methods. Since the data is stored on the user’s device, it saves the company a ton of money otherwise spent on maintaining servers, which could be put to better use and for further expansion of other sub-projects. Also, successful hacking attempts, which jeopardize companies, can be significantly reduced, if not outright eliminated, with the upgrade to Web 3.0. And with there being several viable options for the transition, especially Qie Identities, the process won’t be as tricky as many would imagine.
- Seamless authentication and onboarding: Another benefit of Web 3.0 that has swept the space is the seamless authentication process which helps organizations onboard users on a massive scale without investing a huge chunk of resources. It also boosts the trust factor amongst users. Besides, the information received by organizations has been pre-authenticated using advanced technologies and tools and is accurate and up-to-date in every aspect.
- Easy payments: The reason most users switch to the blockchain, or Web 3.0 in general, is for investments and smooth and secure payments. The latter has often been the intricate part, with even the current market leaders unable to offer a glitch-free experience. That’s where Web 3.0 comes into the picture and revolutionizes the whole process. Qie Identities is leading the charge here.
Role of Qie Identities in Web 3.0
Qie Identities allows users to make quick payments without compromising on security. The project eliminates the long wallet addresses employed by Ethereum and market leaders. With Qie Identities, users can create easy addresses, i.e., yourname.qie, while replacing the “yourusername” part with their preferred choice. So the next time you are to receive a payment, use this simple address and get the amount in a jiffy.
Besides, Qie Identities allows users to create virtual identities and even host websites with no renewal fees. It offers some of the most popular domains at practically no cost. For instance, Beer.com recently got sold for $7 million but beer.qie is available on Hovr for 100,000 Qie, roughly $2,000, which is a steal of a deal.
Here are the top 10 most expensive domains to date:
- Voice.com ($30 million)
- 360.com ($17 million)
- NFTS.com ($15 million)
- Sex.com ($13 million)
- Fund.com ($12 million)
- Hotels.com ($11 million)
- Tesla.com ($11 million)
- Connect.com ($10 million)
- Porno.com ($8.8 million)
- Fb.com ($8.5 million)
With Hovr, you can get into domain speculation and make a ton of money within a shortwhile. The platform offers a wide range of popular domains with a slight variation, as was the case with beer.qie. But, in the right market and under favorable conditions, these fetch a good amount. Other popular domains are also available on Hovr, and users can check them out today!
Then there’s the option to buy, sell and speculate, in addition to great NFT use cases. The latter has been one of the most popular domains in the blockchain, attracting investments worth billions of dollars. With the integration of Web 3.0, it’s expected to achieve unparalleled success. Qie Identities is decentralized in every sense and, as per experts, is the future of the industry. So, for those who want to transition to the latest version of the Internet and experience what the future holds, now is the time, and Qie Identities is the right platform for it.