Tag Archives: decentralization

Problem: Creator of Web Realizes It’s Gone Way Wrong

Solution: Decentralization of data, giving individual users unprecedented power over their data and how it's used. 

The need for radical change is evident as it pertains to privacy and security, which will result in true data ownership as well as improved privacy.

Enter the New Sheriff in town: Markethive, whose mission is clear. Creation of a decentralized, autonomous social market network ecosystem that is controlled by its entrepreneurial members worldwide. The days of social media platforms using your data, tracking your activites, content and conversations for what turns out to be their financial gain and the loss of your privacy is OVER!

It's also important to note, that with this entirely new approach is the ability for subscribers/members to "earn while learning" and to generate a truly universal income, thereby placing the power, privacy, security and revenues back into the hands of individuals.

From the moment he decided to share the web with the world, Tim Berners-Lee knew his invention could be dangerous.

That became especially obvious when Facebook's Cambridge Analytica scandal broke — a moment that "devastated" the father of the world wide web, he recently told Vanity Fair in an interview. 

People have been Berners-Lee's top priority since he envisioned the web nearly 30 years ago. That's why he released the internet as an open-source platform and never profited off its invention. And he knew it would reshape the world, both for better and worse.

The worse came when Facebook revealed it had improperly shared as many as 87 million users' data with Cambridge Analytica, a consulting firm tied to President Trump's campaign. "We demonstrated that the web had failed instead of served humanity," Berners-Lee tells Vanity Fair. But Berners-Lee knew the web was faulty long before that, and he's been examining ways to fix it since the 2016 election. Since this initial discovery, it would seem this is just the tip of a very large iceberg lurking beneath the surface and is now being revealed.

Repairing the internet means ensuring billionaires like Elon Musk don't have better web access than, say, everyone in Ethiopia, Berners-Lee says. His first step is a platform called Solid, which gives individual users unprecedented power over their data and how it's used. Anyone can log in to help build Solid, but Berners-Lee suggests those without coding skills "go out on the streets" and advocate to change what the internet has become.

Read more at Vanity FairKathryn Krawczyk

 

E. Sue Bennett

Malta Determined To Become The Blockchain Island’

Regulations, Adoption, Binance Headquarters

Excerpts from an article from Cointelegraph, by Hector Sanchez dated April 9, 2018
Complete article here: http://hive.pe/yJ

Malta has made it obvious that it wants to become the “Blockchain island” and it seems determined to achieve its goal.

A notable confirmation that Malta is moving in the right direction regarding Distributed Ledger Technology (DLT) regulation was the recent announcement by Binance. The largest cryptocurrency exchange in the world by volume chose Malta for their new headquarters after the warnings received from Japan, China and Hong Kong.

Binance CEO Changpeng Zhao, known as “CZ”, welcomed other projects to Malta such as Tron:

Silvio Schembri, Junior Minister for Financial Services, Digital Economy & Innovation within the Office of the Prime Minister of Malta, commented to Cointelegraph on the news:

“Binance’s decision is a vote of confidence in what we’re offering as a country and as a Government in this sector, that is legal certainty in this space. During the meeting with CZ I explained our long-term vision reflected in the policy document that was launched in February, ‘Malta – A leader in DLT Regulation.’ We are not shying away but instead want to unleash the opportunities that holds by regulating the sector without stifling innovation. Ultimately our vision is to make Malta ‘The Blockchain Island’.”

 

E. Sue Bennett