Beijing releases Internet 3.0 White Paper, in-depth analysis of Web3 and Metaverse concepts.

On May 27, 2023, at the Parallel Forum "Internet 3.0: The Future Development of the Internet Industry" of the 2023 Zhongguancun Forum in Beijing, the "Beijing Internet 3.0 Innovation Development White Paper (2023)" was officially released. This White Paper comprehensively elaborates on the connotation of Internet 3.0, its architectural system, the current development status both domestically and internationally, as well as the development status and future recommendations for Beijing.

Currently, the Web3 and metaverse industries are still in their infancy, and a unified understanding of these concepts has not yet been formed. The general public also lacks a clear understanding of the related concepts. To better grasp the industry development trends, it is necessary for us to deeply understand the core content about Web3, Web3.0, and the metaverse in the White Paper.

The White Paper discusses in detail the relationship and definitions of the Metaverse, Web3, and Web3.0 in the "Basic Situation of Internet 3.0" section.

Regarding the metaverse, the White Paper does not provide a clear definition but instead cites the views of several industry experts and scholars. Foreign experts often define the metaverse from the perspective of user experience, describing it as a "shared virtual 3D world" or "an enhanced version of the internet." Domestic scholars, on the other hand, focus more on the impact of the metaverse on social and economic forms, viewing it as a "new type of virtual and real integrated internet application and social form" or "an advanced form of the digital economy."

Web3 is described as a decentralized internet built on distributed technologies such as blockchain, marking the third major transformation of internet technology. It emphasizes open collaboration and user autonomy, with core technologies including blockchain, non-fungible tokens, and privacy-enhancing technologies.

Web 3.0 is defined as a highly immersive interactive experience in a virtual-real integrated three-dimensional space. It will significantly enhance the interaction experience between people and information, as well as the efficiency of economic activities, characterized by high intelligence and the integration of virtual and real elements. Web 3.0 encompasses the connotations of the metaverse and Web 3, reflecting the trend of human society and economic forms evolving from the real to the virtual, empowering the real with the virtual, and merging the virtual and real.

The White Paper divides the architecture of Internet 3.0 into four layers: infrastructure layer, interactive terminal layer, platform tool layer, and application layer. The infrastructure layer includes technologies such as artificial intelligence and blockchain; the interactive terminal layer covers XR terminals and holographic images; the platform tool layer provides technical support for digital content creation and digital twins; the application layer offers services across various fields.

The White Paper predicts that with the development of technology and industrial practices, the number of participants in the future Internet 3.0 will significantly increase, and virtual scenarios and experiences will become more diverse and rich. The development of Internet 3.0 can be divided into three stages: the initial stage, the transitional stage, and the mature stage. In its mature form, Internet 3.0 will possess four core attributes: a high degree of integration of virtual and real, open creation, economic closure, and sustainable development.

In the future, with the continuous maturity of technology, Internet 3.0 is expected to create 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 digital and intelligent economic and social forms.