Beijing Releases Internet 3.0 Innovation Development White Paper, Expounding on the Concepts of Web3 and Metaverse

Recently, the "Beijing Internet 3.0 Innovation Development White Paper (2023)" was officially released at the 2023 Zhongguancun Forum parallel forum. This white paper comprehensively analyzes the connotation, architecture, domestic and international development status of Internet 3.0, as well as the development situation in Beijing, and puts forward relevant suggestions.

Currently, the Web3 and Metaverse industries are still in their early stages, and there is no unified understanding of these concepts in the industry. The release of this White Paper will help to understand the connotations of Web3, Web3.0, and the Metaverse from a macro perspective and grasp the trend of industry development.

The White Paper presents a multi-faceted definition of the Metaverse. Foreign perspectives often start from user experience and perception, describing the Metaverse as "several shared virtual 3D worlds" or "a better experiential version of the internet." Domestic scholars, on the other hand, conduct in-depth analysis from the perspective of the Metaverse's impact on social and economic forms, viewing it as "a new type of internet application and social form that integrates various new technologies and merges the virtual and real."

Regarding Web3, the White Paper points out that its core technologies include blockchain, non-fungible tokens, privacy-enhancing technologies, and more. Web3 is seen as a decentralized internet built on distributed technologies such as blockchain, marking the third major transformation of internet technology, emphasizing open collaboration and user autonomy.

The White Paper defines Web 3.0 as a virtual and real integrated three-dimensional space with a high immersive interactive experience, encompassing the connotation of the Metaverse and Web 3. It indicates the development trend of human society and economic forms evolving from the real to the virtual, empowering the real with the virtual, and integrating the virtual and the real.

The White Paper also predicts the future evolution trends of Web3.0. It divides the architecture of Web3.0 into the infrastructure layer, interaction terminal layer, platform tool layer, and application layer. In the future, the number of participants in Web3.0 will increase, and virtual scenes, experiences, and economic systems will become more diverse and rich.

The development of Web3.0 can be divided into three stages: the initial stage, the transitional stage, and the mature stage. The mature form of Web3.0 will have four core attributes: a high degree of integration between virtual and real, open creation, economic closed loop, and sustainable development.

The release of this White Paper provides an important reference for the industry to understand and grasp emerging concepts such as Web3 and the Metaverse, which helps to promote innovative development in related fields.