Web 3.0 Semantic Exchange System for Public Economy Built on Blockchain

EasyChair Preprint 10028

Abstract

The next-generation Internet, known as Web 3.0, allows users to view, write, and own material independently of one another. Blockchain, semantic communication, edge computing, and artificial intelligence are the primary factors driving it because they can build value networks to accomplish participation economics based on participatory decision-making. To accomplish decentralized semantic sharing and precise information transmission, Web 3.0 can incorporate the traits of blockchain, semantic extraction, and communication. However, contemporary Web 3.0 solutions ignore the contributions of other new technologies to Web 3.0 and instead concentrate on the blockchain. In order to further realize the benefits of semantic extraction and communication in Web 3.0, we suggest a blockchain-based semantic exchange paradigm in this article. For semantic sharing in this paradigm, we first try to tokenize semantic data into Non-Fungible Tokens (NFT). Then, to maximize purchasing and pricing tactics for semantic trading, we use a Stackelberg game. We also use Zero-Knowledge Proof to share genuine semantic information without making it public before getting money, which can result in more equitable and private dealing than is currently possible on NFT platforms. An urban planning case study is provided to plainly demonstrate the suggested processes. Finally, a number of issues and chances are noted.

Keyphrases: Artificial Intelligence, Block chain, Web 3.0

@booklet{EasyChair:10028,
  author    = {Zartashya Ashraf and Kashaf Fatima and Fatima Anwar},
  title     = {Web 3.0 Semantic Exchange System for Public Economy Built on Blockchain},
  howpublished = {EasyChair Preprint 10028},
  year      = {EasyChair, 2023}}