Success Stories

Trends of Web 3.0 and Blockchain Technology 2023

What is Web 3.0 and Blockchain Technology? Originally referred to as the Semantic Web by Tim Berners-Lee, Web 3.0 was aimed at building a more sovereign, cerebral, and open Internet. While there is no precise definition for Web 3.0, it can be understood as ‘interconnected data in a decentralized manner. Where, currently, most data is stored in centralized repositories, decentralizing information would augment the current. Web 3.0 The Council of Blockchain Research and Development in Chandigarh Boxfy

1. Advanced applications of Artificial Intelligence

Artificial Intelligence has arguably been one of the biggest technological innovations of our time. As AI begins to get more sophisticated and closely mimic human intelligence, a new form will gain popularity in 2022: generative AI. Unlike traditional AI models that simply understand repetitive patterns and recreate them, generative AI is capable of producing completely new material. It uses the underlying principle of AI, learning patterns, to identify how input is linked together and uses it to create new content from code, images, text, or video inputs.
One of the biggest applications of generative AI is in customer service. Chatbots of 2022 could be so human-like that it would be practically impossible to differentiate between an AI chatbot and a human rep. AI could also change the way we consume content. Social media algorithms could get a lot smarter with AI and offer more accurate content recommendations. This could deliver even more personalized experiences for customers

2. Low-code application building software

Creating a strong digital presence has become increasingly important for businesses, especially in the wake of the lockdowns. Mobile applications are one of the most important virtual assets a business can have because it’s the closest way to mimic an in-store experience. Historically, however, applications have been expensive to develop. Businesses needed to either have an in-house software development team or enough financial budgets to outsource the project to a vendor. These have acted as strong barriers to entry and have meant that small businesses could not afford to launch a mobile app. But with web 3.0, a number of low-code or no-code app development platforms have begun to sprout. These platforms make it extremely easy to develop an app with little to no coding knowledge required. Usually, they come with preset templates and features and users have to simply drag and drop them to build their app. These services will undoubtedly democratize the development of mobile applications and help businesses engage with their customers online.