Most of the people have come across the term “Web 2.0” but find it difficult to understand. There are number of definitions doing the rounds in the internet world. Some of these are as follows:

Web 2.0 permits virtual applications: Web 2.0 permits the building of virtual small, relatively rapid to deploy applications, drawing data and functionality from a number of different sources as appropriate. These applications tend to bring power within the reach of suitably motivated individuals that was previously the preserve of corporations.

Web 2.0 Means Ajax:  One important constituent of its meaning is certainly AJAX, which we can still only just bear to use without scare quotes. Basically, what "AJAX" means is "JavaScript now works." And that in turn means that web-based applications can now be made to work much more like desktop ones.

Web 2.0 is about sharing: Code, content, ideas. That does not mean there is not money to be made. There is, but new business models need to be found whereby we collaborate on the platform(s) and make money by adding value over and above that which we and others have built together.

Web 2.0 is blogging: Everyone on planet has one or more story/experience to tell/share, even nonprofits organisations. Blogs are online white paper, journal created by organization or individual people covering topics from technology to personal experience.

Web 2.0 created RSS: An RSS feed is thus a much stronger link than, say a bookmark or a link to a single page. Some people call this "the incremental web." Others call it the "live web". RSS also means that the web browser is not the only means of viewing a web page. RSS is now being used to push not just notices of new blog entries, but also all kinds of data updates, including stock quotes, weather data, and photo availability.

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