Eric Schmidt’s Definition of Web 3.0

Eric Schmidt is the CEO of Google. In the 2 minute video below he describes what he believes Web 3.0 applications will be.

 

In summary, he defines, Web 3.0 as:

  • Applications that are pieced together.
  • They are relatively small.
  • The data is in the cloud.
  • The application can run on any device, PC or mobile phone.
  • Applications are fast and customizable
  • Applications are distributed virally via social networks and email.

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