{"id":995,"date":"2022-08-30T08:24:59","date_gmt":"2022-08-30T02:54:59","guid":{"rendered":"https:\/\/blogs.infosys.com\/digital-experience\/?p=995"},"modified":"2022-08-30T08:24:59","modified_gmt":"2022-08-30T02:54:59","slug":"web5-decentralized-web","status":"publish","type":"post","link":"https:\/\/blogs.infosys.com\/digital-experience\/emerging-technologies\/web5-decentralized-web.html","title":{"rendered":"An Extra Decentralized Web Platform with Web5"},"content":{"rendered":"<p><strong>What is Web5?<\/strong><\/p>\n<p>Web5 is the evolution of a new Web platform that enables decentralized applications and protocols built on Bitcoin blockchain. Web5 is a consolidation of Web3 and Web2 and promises to solve the issue of protecting user&#8217;s personal data.<\/p>\n<p><strong>What does the current Web lack?<\/strong><\/p>\n<p>Nowadays web users have hundreds of accounts and passwords that are difficult to remember and\u00a0 third parties keep user&#8217;s identity and their personal data. The latest Web3 also isn&#8217;t a truly decentralized platform as the identity and personal data are residing on various venture capitalists and limited partners.<\/p>\n<p><strong>What Web5 offers?<\/strong><\/p>\n<p>Web5 platform offers decentralized identity and data storage to web applications. Developers can create better user experience and users can hold their data and identity.<\/p>\n<p>Web5 platform will support two use cases: users will have the ability to &#8220;own their data&#8221; and &#8220;control their identity&#8221;. These use cases will be implemented by wallets, Decentralized Web Nodes (DWN), and Decentralized Web Apps (DWA).<\/p>\n<p>Web5 will employ blockchain technology that uses Bitcoin. By this double-spending problems can be avoided and a peer-to-peer bitcoin digital currency can be built. Web5 will utilize an open public permission less layer 2 Decentralized Identifier network called ION and Bitcoin blockchain will be its backbone.<\/p>\n<p><strong>Web5 Features<\/strong><\/p>\n<ul>\n<li><strong><em>Decentralized Web Platform<\/em><\/strong> \u2013 A platform that enables secure transmission of data and decentralized Verifiable Credentials (VC).<\/li>\n<li><strong><em>Decentralized Identities<\/em><\/strong> \u2013 A self generated, self owned and universally discoverable identifiers. These Ids are based on identity norms from Decentralized Identity Foundation (DIF). The foundation has formed a Decentralized Identifier (DID) and the IDs are reserved on blockchain.<\/li>\n<li><em><strong>Provision to develop Decentralized Apps<\/strong><\/em> \u2013 By using Self-Sovereign Identity SDK (SSI-SDK) SSI wallets can be developed by any web developer.<\/li>\n<li><strong><em>Ownership of content to user<\/em><\/strong> \u2013 Verifiable Credentials will be handled by an SSI approach.<\/li>\n<li><strong><em>Decentralized Web Nodes<\/em> <\/strong>\u2013 Implementation of Decentralized Identity Foundation&#8217;s (DIF) decentralized data storage standard.<\/li>\n<\/ul>\n<p><strong>Web5 Workflow<\/strong><\/p>\n<p>Web5 is built on Decentralized Identity Foundation\u2019s Sidetree protocol and ION network. It doesn&#8217;t require any tokens, trusted validators or other consensus mechanisms.<\/p>\n<p>DWNs are datastores that act like a mesh and permits a single entity to manage numerous nodes in sync. It can send and store encrypted public messages to facilitate Decentralized Apps and protocols.<\/p>\n<p>Decentralized Identifiers are cryptographically generated globally unique permanent identifiers that are self-generated and self-owned.<\/p>\n<p>Self-Sovereign Identity SDK (SSI-SDK) helps developers create self-sovereign identity-based applications<\/p>\n<p>In Web5 people can create their identity and utilize it to access and switch between various Decentralized Apps while securing their data. Identity will store people&#8217;s information, authorization and data for foreign connections and applications within their Decentralized Web Nodes.<\/p>\n<p>Identity Wallet will act as a game changer by offering a UI for managing credentials and data in Decentralized Web Nodes, Decentralized ID function, Credential function, Content Management and Decentralized ID authentication and authorization.<\/p>\n<p><strong>Final Thoughts<\/strong><\/p>\n<p>Today Web5 remains as a vision of near future, but only future will say what it will bring to us.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is Web5? Web5 is the evolution of a new Web platform that enables [&hellip;]<\/p>\n","protected":false},"author":171,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4],"tags":[128,126,127,125,124,123],"coauthors":[37],"class_list":["post-995","post","type-post","status-publish","format-standard","hentry","category-emerging-technologies","tag-decentralized-identifiers-did","tag-decentralized-web-nodes-dwn","tag-self-sovereign-identity-sdk-ssi-sdk","tag-web2","tag-web3","tag-web5"],"acf":[],"_links":{"self":[{"href":"https:\/\/blogs.infosys.com\/digital-experience\/wp-json\/wp\/v2\/posts\/995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.infosys.com\/digital-experience\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.infosys.com\/digital-experience\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.infosys.com\/digital-experience\/wp-json\/wp\/v2\/users\/171"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.infosys.com\/digital-experience\/wp-json\/wp\/v2\/comments?post=995"}],"version-history":[{"count":57,"href":"https:\/\/blogs.infosys.com\/digital-experience\/wp-json\/wp\/v2\/posts\/995\/revisions"}],"predecessor-version":[{"id":1074,"href":"https:\/\/blogs.infosys.com\/digital-experience\/wp-json\/wp\/v2\/posts\/995\/revisions\/1074"}],"wp:attachment":[{"href":"https:\/\/blogs.infosys.com\/digital-experience\/wp-json\/wp\/v2\/media?parent=995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.infosys.com\/digital-experience\/wp-json\/wp\/v2\/categories?post=995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.infosys.com\/digital-experience\/wp-json\/wp\/v2\/tags?post=995"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/blogs.infosys.com\/digital-experience\/wp-json\/wp\/v2\/coauthors?post=995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}