Internet 3.0 White Paper Released: In-Depth Analysis of Web3, Metaverse, and Future Internet Development

At the Zhongguancun Forum on May 27, 2023, the "Beijing Internet 3.0 Innovation and Development White Paper (2023)" was officially released. This White Paper comprehensively elaborates on the connotation, architecture, current status, and future trends of Internet 3.0.

Currently, the Web3 and Metaverse industry is still in its infancy, and related concepts have not yet formed a unified consensus. The release of this White Paper provides us with an important reference for understanding the industry's development trends from a macro perspective.

Multidimensional Interpretation of the Metaverse

The White Paper does not provide a clear definition of the Metaverse, but rather gathers multiple viewpoints:

• International perspective: Focus on user experience and perception. Some describe it as a "shared virtual 3D world" or "upgraded internet experience."
• Domestic perspective: emphasizes its impact on social and economic forms. Some scholars believe it is "an integration of various new technologies in the virtual-real fusion internet applications and social forms."

Core Features of Web3

The White Paper points out that the Web3 concept has a development history of many years internationally. Its core technologies include blockchain, non-fungible tokens, and privacy-enhancing technologies. Web3 is seen as a decentralized internet based on distributed technology, emphasizing open collaboration and user autonomy.

Definition and Vision of Web3.0

The White Paper defines Web 3.0 as a highly immersive and blended three-dimensional space. It will significantly enhance human-computer interaction experiences and the efficiency of economic activities, with intelligence and the integration of virtual and real worlds being its main characteristics. Web 3.0 encompasses the connotations of the Metaverse and Web 3, reflecting the trend of social and economic forms developing towards the integration of virtual and real.

The Architecture and Development Stages of Internet 3.0

The White Paper divides the architecture of Internet 3.0 into four layers: infrastructure layer, interaction terminal layer, platform tools layer, and application layer. Each layer contains the corresponding core technologies and functions.

The development of Internet 3.0 is expected to go through three stages:

1. Initial Stage: Immersive Experience Taking Shape
2. Transition Phase: The boundaries between virtual and real experiences gradually blur
3. Maturity Stage: High Integration of Virtual and Real Worlds

The mature form of Internet 3.0 will possess four core attributes: a high degree of integration between the virtual and the real, open creation, an economic closed loop, and sustainable development.

With the continuous advancement of technology, Internet 3.0 is expected to give rise to new applications and business models in various fields such as consumption, industry, government affairs, urban management, and healthcare, promoting human society towards a higher level of digitization and intelligent economic forms.