In the first day of Google I/O Vic Gundotra,Vice President of Engineering in Google said Google vision moves to HTML 5, which helps to watch movies  and run 3D Games with more functionalities without installing plugins.

But Google went one step above and introduced new communication open platform Google Wave.

What is Google Wave ?

Google Wave is a new communication and collaboration platform based on hosted XML documents (called waves) supporting concurrent modifications and low-latency updates. Google Wave is an HTML 5 app, built on  Google Web Toolkit.

Google wave has lot of features where you can communicate easily using Google wave. Most of the time mail and instant messaging are done sepeartely but Google wave makes communication in a single platform. You can watch what your friend is typing simultaneously in chat, which makes communication more faster.

The official Google blog states some important points regarding Google Wave as described below.

• Google Wave a web application where people will use to access and edit waves. It includes a rich text editor and other functions like desktop drag-and-drop.
• Google Wave can also be considered as a platform with a rich set of open APIs that allow developers to embed waves in other web services, and to build new extensions that work inside waves.
• The Google Wave protocol is the underlying format for storing and the means of sharing waves, and includes the “live” concurrency control, which allows edits to be reflected instantly across users and services. The protocol is designed for open federation, so that any  Wave service can interact with Google Wave. To know more about Google Wave Federation Architecture check out Waveprotocol.Org.

Google Wave keynote presentation