Beijing Internet 3.0 White Paper Full Text: Distinguishing from Web3, Focusing on Artificial Intelligence and the Metaverse
Zhao Changpeng stated that the release of the white paper is a positive development for the industry.Author: Wu Shuo
Wu Shuo learned that the Beijing Association for Science and Technology and the Zhongguancun Management Committee recently released the full text of the Internet 3.0 white paper. The white paper, heavily promoted by Binance founder Zhao Changpeng, has sparked widespread discussion as a positive signal for the cryptocurrency industry. However, OKX founder Xu Mingxing stated that the government always confuses cryptocurrency, blockchain, and Web3. So what exactly is the content of the full white paper?
The white paper states:
The concept of Web3 has been popular abroad for many years, with core key technologies including blockchain, non-fungible tokens, privacy-enhancing technologies, decentralized autonomous organizations, social computing networks, on-chain data analysis, content security, and more. In April 2014, Ethereum co-founder Gavin Wood first systematically articulated the concept of Web3, believing that Web3 is a set of inclusive protocols that provide foundational modules for application developers to build applications in entirely new ways.
On March 11, 2021, at a Christie's auction, digital visual artist Beeple's NFT artwork "Everydays: The First 5000 Days" sold for $69.35 million (approximately 450 million RMB), igniting the NFT concept outside the "circle" and making the Web3 concept wildly popular in the industry.
The article then distinguishes Web3 from Internet 3.0, with a brief mention of the blockchain aspect stating:
This article believes that Internet 3.0 is a three-dimensional space with a high immersive interactive experience that integrates virtual and real elements, greatly enhancing the interaction experience between people and information and the efficiency of economic activities. The main characteristics will be a high degree of intelligence and the integration of virtual and real development. The scope of Internet 3.0 includes high immersive sensory experiences that integrate virtual and real elements and economic activity experiences that connect the two, encompassing the connotations of the metaverse and Web3, reflecting the trend of human society and economic forms evolving from the real to the virtual, empowering the real with the virtual, and integrating the two.
In the future, Internet 3.0 will fully absorb the achievements of the information revolution, internet revolution, artificial intelligence revolution, as well as technological revolutions such as VR/AR, becoming a comprehensive embodiment of modern science and technology, leading the development of the future internet industry. With the maturity of technology, Internet 3.0 will inevitably give rise to new applications and new business models in areas such as consumption, industry, government affairs, urban management, and healthcare, promoting humanity to achieve a higher level of digital and intelligent economic and social forms.
The subsequent content mainly focuses on artificial intelligence and the metaverse, mentioning:
The virtual reality platform Decentraland allows players to create, experience content and applications through 3D virtual avatars and profit from them. They can also purchase virtual real estate on the platform, which has now become the world's largest virtual real estate sales platform in the metaverse. The virtual sneaker brand RTFKT Studios collaborated with 18-year-old crypto artist Fewocious to launch 621 pairs of virtual sneakers, which sold out within 7 minutes, generating nearly $3.1 million in sales.
Blockchain technology is a new distributed computing paradigm that uses a cryptographic chain block structure to verify and store data, employs distributed node consensus algorithms to generate and update data, and utilizes smart contracts to program and operate data. As the underlying technology of Internet 3.0, blockchain can solve issues of trust, data structuring, and the value realization of structured data, continuously giving rise to new industries, new business models, and new patterns, making it an important cornerstone for the construction of the Internet 3.0 economic system.
Overall, the core architecture of blockchain has gradually stabilized and matured, entering a new development stage characterized by deepening trust collaboration in data elements and multi-level technological integration and innovation. Globally, robust application innovation ecosystems have formed around Ethereum, Hyperledger, and other technologies in fields such as finance, traceability, and trade. In recent years, Beijing has supported the Beijing Microchip Blockchain and Edge Computing Research Institute in releasing the country's first self-controllable blockchain software and hardware technology system "Chang'an Chain · ChainMaker," which features full autonomy, high performance, strong privacy, and extensive collaboration.
Benefiting from the rapid development of AI, blockchain, graphics processing, and other technologies, user experience levels and production efficiency in areas such as virtual digital humans, virtual live streaming, and game production have significantly improved, and these are expected to become the first profitable application areas in the future.
The overseas NFT market is growing rapidly. By the end of 2022, the total assets of the global NFT content creation market reached $104.2 billion, with a year-on-year growth of 83.16% in global NFT trading volume, reaching $55.5 billion. In China, the digital collectibles field started relatively late, but companies have a strong willingness to explore NFT business. Cities like Shanghai have proposed supporting leading enterprises in exploring the construction of NFT trading platforms, promoting the digitalization of assets such as NFTs.
