Yahoo today launched a completely redesigned Flickr 3.0 application for iOS and Android. Right off the bat it seems like the service is trying to compete with Instagram head-on. It now offers filters like its Facebook owned counterpart as well as advanced photo editing tools. Users are now able to view each photo’s metadata. They will have access to information such as the aperture setting, the camera used and more.

Its similarity to Instagram isn’t just limited to filters. Flickr users will now also be able to comment, like and share photos straight through the new application. The app can now also be used to capture up to 30 seconds of HD video with live filters applied. It even has a feed which users can scroll through to see the latest uploads from their friends, something that users have long been able to do on Instagram. That was the entire premise behind the popular photo sharing service.

The new Flickr application has an auto-sync feature as well which uploads original quality photos from the handset to users’ Flickr accounts. Another major change is that the app no longer allows users to sign in with a Facebook or Google account. Now a Yahoo account is mandatory.

While the app might not compel a whole lot of people to ditch Instagram, existing Flickr users will definitely get a much better experience. Flickr is available as a free download from Google Play Store and the iTunes App Store.

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