WEB3//IOT was started by Simon Montford in 2013. The initial focus of this website was to feature connected products, IoT events and IoT news. Today focus has shifted towards promoting events and sharing news stories that relate to the convergence of Internet of Things (IoT), Artificial Intelligence (AI), and Distributed Ledger Technology (DLT), that we collectively refer to as "Web 3.0" and "IoT 2.0". This is how our founder, Simon Montford, sees the evolution of the World Wide Web and IoT:
Timeline: World Wide Web
Web 1.0 (circa 1991): the first ever web browser was released, but websites were static so they could only be viewed.
Web 2.0 (circa 2004): websites became interactive and collaborative, which gave us the ability to Like/Share/Comment aka the "Social Web".
Web 2.5 (circa 2013): the Semantic Web enabled data to be processed directly and indirectly by machines, thereby making apps and website smarter by adding context and meaning. It remained a people-centric web.
Web 3.0 (circa 2020): an entirely new fully decentralised, autonomous machine-dominant web will emerge facilitated by the convergence of IoT, AI, and DLT. There are more machines than humans already connected to the World Wide Web, but soon the number of people online will be vastly outnumbered by devices that will increasingly become smarter and more autonomous.
Web 1.0 (circa 1991): the first ever web browser was released, but websites were static so they could only be viewed.
Web 2.0 (circa 2004): websites became interactive and collaborative, which gave us the ability to Like/Share/Comment aka the "Social Web".
Web 2.5 (circa 2013): the Semantic Web enabled data to be processed directly and indirectly by machines, thereby making apps and website smarter by adding context and meaning. It remained a people-centric web.
Web 3.0 (circa 2020): an entirely new fully decentralised, autonomous machine-dominant web will emerge facilitated by the convergence of IoT, AI, and DLT. There are more machines than humans already connected to the World Wide Web, but soon the number of people online will be vastly outnumbered by devices that will increasingly become smarter and more autonomous.
Timeline: Internet of Things
IoT 1.0 (circa 2000): According to Wikipedia, the concept of a network of smart devices was discussed as early as 1982, with a modified Coke machine at Carnegie Mellon University becoming the first Internet-connected appliance. It has taken around two decades for the IoT to become the global network it is today, but it's primarily made up of low-energy, low-power "static" devices.
IoT 2.0 (circa 2020): The current global network of "static" machines will become "dynamic" and more intelligent facilitated by the miniaturisation of neural networks allowing machine intelligence to transition from the cloud to the edge. This will enable the existing global network to be upgraded to a fully functioning autonomous web, what we refer to as Web 3.0. Although 5G will offer access to low-latency, high-bandwidth connectivity a growing number of IoT 2.0 devices will not need to be tethered to the cloud in order to operate. Eventually they may be capable of non-deterministic "thinking", self-organisation, so be able to co-operate with other fully-autonomous devices. Payment for machine-to-machine micro-services will be transacted in microscopic increments made possible with the advent of machine-optimised crypto currencies such as IOTA.
IoT 1.0 (circa 2000): According to Wikipedia, the concept of a network of smart devices was discussed as early as 1982, with a modified Coke machine at Carnegie Mellon University becoming the first Internet-connected appliance. It has taken around two decades for the IoT to become the global network it is today, but it's primarily made up of low-energy, low-power "static" devices.
IoT 2.0 (circa 2020): The current global network of "static" machines will become "dynamic" and more intelligent facilitated by the miniaturisation of neural networks allowing machine intelligence to transition from the cloud to the edge. This will enable the existing global network to be upgraded to a fully functioning autonomous web, what we refer to as Web 3.0. Although 5G will offer access to low-latency, high-bandwidth connectivity a growing number of IoT 2.0 devices will not need to be tethered to the cloud in order to operate. Eventually they may be capable of non-deterministic "thinking", self-organisation, so be able to co-operate with other fully-autonomous devices. Payment for machine-to-machine micro-services will be transacted in microscopic increments made possible with the advent of machine-optimised crypto currencies such as IOTA.
Our Mission and Objectives
We want to help the ecosystem by promoting conferences, workshops, hardware hackathons, and meetups that relate to IoT, AI, and DLT. We think the impending Machine Economy, powered by a global network of autonomous machines, will transform the way we live and work - for the better.
We want to help the ecosystem by promoting conferences, workshops, hardware hackathons, and meetups that relate to IoT, AI, and DLT. We think the impending Machine Economy, powered by a global network of autonomous machines, will transform the way we live and work - for the better.
Further Explanation
You'll come across repeated reference to the term "Web 3.0", but this is not (yet) a universally accepted terminology to describe the convergence of IoT, AI, and DLT. The reason why we started using the term Web 3.0 since this website was launched in 2013, is because connected technology, machine intelligence and data decentralisation are three of the most dramatic things to happen to the Web since it was first invented. Originally the Web was made up of static pages "Web 1.0", but in 1999 web pages started to become collaborative, however it wasn't until late 2004 that the term "Web 2.0" went mainstream.
The most fundamental characteristic of the latest incarnation of the World Wide Web is that it has become a huge network of intelligent machines that are becoming increasingly autonomous thanks to neural networks and machine learning. With the advent of cryptocurrency and smart contracts machines will be able to make a living by charging fees for all kinds of services and could one day be afforded the same legal rights to operate as corporations do today. Soon there will be ten times more machines than people inhabiting the planet, and they will continue to get smarter.
The impending machine economy powered by this global network of autonomous machines will transform the way we live and work. Connected sensors embedded within all kinds of objects powered by machine intelligence will make the world smarter, safer, and more energy efficient. Sectors most likely to be impacted the most include finance, energy, manufacturing, transportation, health and agriculture.
From a societal perspective, a greater number of people will be able to choose how they spend their time. Thanks to machine automation, more emphasis will be placed on leisure activities and tasks that are rewarding and meaningful. In other words we will live to work, not work to live. For the first time in history domain specialists from almost every branch of science, technology and the arts will need to reconsider what it means to be human in an increasingly machine-dominated society. A huge excess of wealth will be created heralding a new era of economic prosperity and ecological sustainability. If the machine web is to reach its true potential it will, however, need an entirely new kind of architecture that is fully decentralised, democratic and open. The protocol that today's Internet relies on simply isn't sufficiently robust or scaleable.
This is why new decentralised platforms such as Ethereum, IOTA, Cardano, NEO, and EOS are so important. Although they are still in their infancy, the underlying technology (DLT) that enables crypotcurrencies such as Bitcoin and Ether to function will one day replace TCP/IP and http protocol.
You'll come across repeated reference to the term "Web 3.0", but this is not (yet) a universally accepted terminology to describe the convergence of IoT, AI, and DLT. The reason why we started using the term Web 3.0 since this website was launched in 2013, is because connected technology, machine intelligence and data decentralisation are three of the most dramatic things to happen to the Web since it was first invented. Originally the Web was made up of static pages "Web 1.0", but in 1999 web pages started to become collaborative, however it wasn't until late 2004 that the term "Web 2.0" went mainstream.
The most fundamental characteristic of the latest incarnation of the World Wide Web is that it has become a huge network of intelligent machines that are becoming increasingly autonomous thanks to neural networks and machine learning. With the advent of cryptocurrency and smart contracts machines will be able to make a living by charging fees for all kinds of services and could one day be afforded the same legal rights to operate as corporations do today. Soon there will be ten times more machines than people inhabiting the planet, and they will continue to get smarter.
The impending machine economy powered by this global network of autonomous machines will transform the way we live and work. Connected sensors embedded within all kinds of objects powered by machine intelligence will make the world smarter, safer, and more energy efficient. Sectors most likely to be impacted the most include finance, energy, manufacturing, transportation, health and agriculture.
From a societal perspective, a greater number of people will be able to choose how they spend their time. Thanks to machine automation, more emphasis will be placed on leisure activities and tasks that are rewarding and meaningful. In other words we will live to work, not work to live. For the first time in history domain specialists from almost every branch of science, technology and the arts will need to reconsider what it means to be human in an increasingly machine-dominated society. A huge excess of wealth will be created heralding a new era of economic prosperity and ecological sustainability. If the machine web is to reach its true potential it will, however, need an entirely new kind of architecture that is fully decentralised, democratic and open. The protocol that today's Internet relies on simply isn't sufficiently robust or scaleable.
This is why new decentralised platforms such as Ethereum, IOTA, Cardano, NEO, and EOS are so important. Although they are still in their infancy, the underlying technology (DLT) that enables crypotcurrencies such as Bitcoin and Ether to function will one day replace TCP/IP and http protocol.
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