Web 3.0: New Horizon of Internet

Aashish Yadav | June 7, 2022 | 61 views

Web 3.0: New Horizon of Internet
Web 3.0, or as it is commonly known as Web3, is the future avatar of the world of the internet and it is based on decentralization. The present-day internet, or Web 2.0 as it should correctly be referred to, has contributed a lot more to transforming the way we live than any other tool in the universe. Web2 has been a key part of building the digital world we live in today, from Snapchat and Instagram filters to using Augmented Reality (AR) to catch Pokémon.

Web3 and Metaverse are the most popular buzzwords today.

With the decentralized network, Web 3.0 means that instead of having a few large companies control all the data, users will have equal access to control their data. Web3 also promises to enhance data and network privacy.

What does Web 3.0 Mean for Businesses?

Web 3.0 presents enormous opportunities for businesses. Let’s explore some of the ways in which Web3 will benefit from this new technology.

  • Enhance Transparency and Trust
Web 3.0 technology may help organizations and their consumers boost transparency and trust. Blockchain technology, for instance, can contribute to the creation of a tamper-proof record of transactions. This would help businesses increase customer trust by giving customers a clear picture of how they do business.

  • Increased Security
Presently, in Web 2.0, all of your data is saved in one spot in a centralized system. As a result, it is prone to exploitation. However, nothing is more crucial to a company than data security. Web 3.0 technologies decentralizes your data and assists in increasing its security.

  • Deeper Customer Insights
Web 3.0 can also help organizations acquire customer insights. How?

Web 3.0 brings in data anonymization that allows businesses acquire customer data without fetching their personal data. It also helps businesses scale consumer data at large without any compromise on privacy. The data then gathered through customer insights can be utilized to enhance products and services.

  • Finer Data Searchability
Businesses can also deploy Web 3.0 technology to improve the searchability of their data. Using technologies for the semantic web can help make a data web that is easy for machines to search.

This would make it easy for companies to get the information they need quickly and without wasting money or time on manual data searches.

  • Better User Experience (UX)
By offering a more customized web, Web 3.0 technologies can assist in enhancing the user experience. Artificial intelligence and machine learning algorithms can assist in giving each user a personalized experience that is suited to their specific requirements. As a result, consumer satisfaction and loyalty will rise.

Web 3.0 Possible Business Applications

Some of the most common possible areas where Web3 will definitely have an effect are:

  • Social Media
Web 3.0 transforms how app developers create social media apps. It returns ownership of data from platforms to end-users, making story-spinning and data exploitation impossible, as in the Facebook Cambridge Analytics Scandal.

  • Currency Exchange Service
Centralization fails in money exchange. Mt. Gox's $460 million bitcoin hack is a failure. Decentralized exchanges prevent hacker breeding grounds. Web 3.0 will see decentralized exchanges gain popularity for smooth user trades without hackers or lack of transparency.

  • Messaging Platforms
Messaging has always played an essential role in our lives. At work, Slack and Telegram replace Facebook Messenger and WhatsApp.

Unsafe message transmission and centralized solutions make messaging systems exploitable.

Web 3.0 messaging applications like ySign, Obsidian, e-Chat, etc., leverage Blockchain to protect users' privacy and security.

Summing-up

The Internet's evolution has been substantial, and this trend will undoubtedly continue. Web 3.0 will revolutionize the way we engage with the digital world, and the transition will affect more than just individuals.

This will lead to more honest and transparent use of customer data, from tailored search results to cross-platform development tools and 3D graphics. A much more immersive and engaging web is on the way.

The new Internet will be around very soon! Let's welcome Web 3.0 with open arms!

Spotlight

Statera, Inc

Statêra is a leading business and technology consulting firm. We have completed over 1,000 successful engagements by delivering the right solutions, delighting our clients, supporting our communities, and by providing interesting and productive careers for our people. Our methods focus on process over platform and talent over technology. We are experts in moving our clients to the cloud, and delivering CRM, web, mobile, collaboration, and custom solutions

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This announcement coincides with the launch of the Jira Software toolchain page, which helps developer teams to discover and install DevOps tools to improve DevOps practices across their software development lifecycle. “As applications grow more complex, developers need a system in place to proactively fix errors before the customer experience is impacted,” said Peter Pezaris, SVP, Strategy and User Experience at New Relic. “Errors inbox for Jira Software, which builds on the strong history between New Relic and Atlassian, makes developers’ lives easier by allowing them to get to the root cause faster with full error details — including stack traces — and alerts whenever a critical, customer-impacting error arises. Ticketing is made easier, too, as teams can instantly create Jira Software issues with all the right information, without leaving their error management workflow.” Key benefits and capabilities of the New Relic and Jira Software integration include: Track, triage, and resolve errors in one place: Errors are grouped and displayed on a single screen for visibility and easy triaging. Tackle errors across the full application stack with APM, RUM, Mobile, and Serverless (Lambda Functions) data tracked. Resolve errors before impacting customers: Proactively review and triage errors before they affect customers. Get to the root cause faster with full error details, including stack traces and logs in context, provided in the error inbox. Collaborate across teams: Squash bugs as a team with shared error visibility, shared comments, and an integration with Slack. Create Jira Software issues with a click: With the new integration, set up templates and quickly file Jira ​​Software issues containing error details, associated issues, and direct links to the stack trace and entities in New Relic for easy debugging. “Atlassian and New Relic share a vision to improve the developer experience by meeting users where they are and allowing them to use the tools they know and love. “We are excited to include New Relic errors inbox as an app in the Jira Software toolchain page, which makes it easier for millions of users to discover and connect DevOps apps used throughout the software development lifecycle to fill gaps in the toolchain as their DevOps practices evolve.” Bryant Lee, VP of Partnerships and Developer Experience at Atlassian “We have been really impressed with how New Relic errors inbox offers a single place to track all the errors for the entire stack," said Mudit Mehta, Software Engineer II at Postman. "Errors inbox helps developers save time instead of looking and jumping through multiple tools for cloud-based or external error tracking. With the integration for Jira Software, I can quickly view an error and notify the right team members by filing a templated Jira Software issue in seconds without even leaving the New Relic platform.” The Jira Software toolchain page is the latest collaboration between New Relic and Atlassian. The integration builds on the recent launch of the Bitbucket quickstart in New Relic Instant Observability, which gives engineers visibility into the health and performance of their Bitbucket pipelines to continuously improve and optimize their deployments. Developers can also connect Jira Software to New Relic alerts to help the right teams get the right information in the software development life cycle. Errors inbox for Jira Software is available for free to all New Relic full platform users and Jira Cloud users. For more information, visit www.newrelic.com. Additional integrations for Atlassian’s Connect applications with errors inbox and other capabilities will be available later this year. About New Relic As a leader in observability, New Relic empowers engineers with a data-driven approach to planning, building, deploying, and running great software. New Relic delivers the only unified data platform that empowers engineers to get all telemetry—metrics, events, logs, and traces—paired with powerful full stack analysis tools to help engineers do their best work with data, not opinions. Delivered through the industry’s first usage-based consumption pricing that’s intuitive and predictable, New Relic gives engineers more value for the money by helping improve planning cycle times, change failure rates, release frequency, and mean time to resolution. This helps the world’s leading brands including adidas Runtastic, American Red Cross, Australia Post, Banco Inter, Chegg, GoTo Group, Ryanair, Sainsbury’s, Signify Health, TopGolf, and World Fuel Services (WFS) improve uptime, reliability, and operational efficiency to deliver exceptional customer experiences that fuel innovation and growth.

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FUTURE TECH

Picsart Opens SDK, Making its Powerful Editing Experience Available to Enterprises

Picsart | August 01, 2022

Picsart, the world’s leading digital creation platform and a top 20 most downloaded app worldwide, is adding to its Picsart for Developers API offering with the launch of an Editor SDK (Software Development Kit). With this expansion, enterprise and business partners can integrate individual editing features via Picsart’s APIs or choose to embed the full end-to-end photo editing experience into their workflow with the new SDK. "Picsart is one of the largest creative platforms in the world. We've spent the last decade perfecting AI-powered tools that are used by hundreds of millions of creators, and this scale gives us the capability to move into enterprise. “Ultimately, our vision is to empower creators everywhere and the best way to do that is to power platforms that are also serving creators.” Jinny Jung, VP of Business Development & Operations at Picsart This new offering strengthens Picsart’s continued commitment to support the creator economy. As demand for the brand’s creative capabilities grows, Picsart for Developers is expected to be a mainstay player for future monetization and revenue diversification for the company. Available today, the Editor SDK consists of an end-to-end photo editing flow that supports Picsart’s vast range of Editor tools, including: basic editing functions, templates, stock photos, background removal, and all the AI/ML powered editing features optimized for an enterprise experience. Unlocking a full design suite, the embedded experience has broad applications for e-commerce, marketing, advertising, and printing. eProductivity Software Solutions (ePS, formerly EFI) is one of Picsart’s early SDK customers. This partnership enables ePS to give its community and clients the ability to natively create and optimize designs on their eCommerce site. Imgur is also an early SDK partner, utilizing the brand’s tools to unlock the possibilities of creativity for its customers. “With the rise in demand for real time creative control and access to a wide variety of content, our customers are looking to us to provide a one-stop shop for print software solutions, inclusive of the editing experience,” said Charlotte Tueckmantel, GM at eProductivity Software. “We’re committed to ongoing investments in our technology, and we know that by partnering with Picsart we are offering best-in-class creative capabilities that will empower and scale our customers’ businesses.” This news comes just after Picsart announced its industry leading suite of AI Image Enhancement tools, including advanced image upscaling capabilities. Picsart also recently launched a free-to-use suite of Quicktools. About Picsart Picsart is a photo and video editing platform and creative community. A top 20 most downloaded app worldwide, its AI-powered tools allow creators of all levels to design, edit, draw and share content anywhere. The platform has amassed one of the largest open-source content collections in the world, including photos, stickers, backgrounds, templates, and more. Used by consumers, marketers, content creators and businesses, Picsart is used for both personal and professional design. Picsart also offers its world-class image editing and processing tools to businesses through APIs and an SDK. Download the app or visit picsart.com for more information.

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FUTURE TECH

Vendr Launches 2.0, The Most Complete SaaS Buying Platform on The Market

Vendr | August 10, 2022

Vendr, the world’s first SaaS buying platform, today announced the launch of Vendr 2.0, the most complete SaaS buying platform on the market. SaaS is a top-three line item expense, but most companies aren’t getting the appropriate return on their software investment. Vendr 2.0 harnesses Vendr’s SaaS purchasing and SaaS management products, combining the power of seasoned negotiators armed with insights from over 13,000 deals alongside robust software featuring an integrated system of record. Now, enterprise customers will be equipped with an unprecedented level of visibility into which software their teams are buying and using — in one central location. This enables leaders to reduce overspend and eliminate duplicative products. Most importantly, it unlocks insights that lead to better software choices and faster procurement at lower prices. The launch comes on the heels of the company’s recent ​​$150MM Series B, co-led by return investor Craft Ventures and new investor SoftBank Vision Fund 2––which brought the company into Unicorn status––and its acquisition of SaaS management company Blissfully earlier this year. “The software purchasing process is broken and becoming all the more cumbersome as companies everywhere work to cut costs, as they seek to do more with less. “The introduction of Vendr 2.0 enables organizations to manage their second-highest expense––software––more effectively than ever before, while reducing the difficulties surrounding the process. Vendr 2.0 aims to be the most complete, no-brainer, SaaS buying platform on the market –– and one that pays for itself.” Ryan Neu, Vendr CEO and co-founder The standard buying process historically wastes time and resources for both software vendors and customers. Vendr enables businesses to maximize the return on their SaaS investments through cost savings and more efficient spend, improving stack visibility across the organization. Composed of the best industry data of more than 2,000 SaaS suppliers, Vendr 2.0 is facilitating critical transformation in how organizations purchase and manage software. Tapping Into Transparency Software buying is a perpetual process and it no longer makes sense to have buying and supplier lifecycle management exist in disparate places. By bringing everything into one place, companies layer the benefits of an expert service team and deep SaaS insights into an integrated system of record that offers unparalleled visibility into their stack. Using Vendr, customers can take a proactive approach to their SaaS spend, equipping their teams with the best software while saving money. Buyer <-> supplier: Vendr offers insights and negotiation support to help buyers and sellers quickly evaluate whether a deal is fair for both sides, ensuring that the process continues moving along internally once it comes time to buy. Buyer <-> procurement function: Vendr provides visibility into internal approval workflows and offers fast-tracked ways to request purchases, leading to smoother relationships between buyers and their company procurement functions. Finance/procurement <-> department heads: With better visibility and faster purchase cycles, stakeholders can easily see the value-add of finance and procurement, ensuring compliance and keeping a handle on costs, leading to better business outcomes for all. This new platform builds upon the competitive advantages that Vendr has in the market as the category creator with the deepest source of supplier insight––based on thousands of deals––as well as the most seasoned negotiators in the industry. Vendr has processed over $1.5B in customer software spend and delivered over $240M in software savings to its customers. To see how much you could be saving on your annual software expense, get in touch here. About Vendr Vendr is changing how companies find, buy and manage SaaS. The first of its kind, Vendr's SaaS buying platform offers both a product and people-powered service to enable the world's fastest-growing companies to purchase software quickly and with guaranteed savings. Today, Vendr has facilitated over $1.5B+ in SaaS purchases across 2,500+ suppliers for Finance and Procurement teams at HubSpot, Brex, Canva, Reddit, Toast, and more. Headquartered in Boston with a second location in Charleston, Vendr was founded in 2019 by Ryan Neu and co-founders Ariel Diaz and Aaron White, who joined the team through the acquisition of Blissfully in 2022. The company has over 250 employees globally

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