Building trustworthy, lucrative internet with future tech
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Homepage > News > Business > Building a more trustworthy and lucrative internet with future technology “The internet is broken” is a phrase I’ve been hearing for multiple years now. What’s puzzling is nothing has changed yet, even though we have the technology available to fix it. title=”YouTube video player” frameborder=”0″ allow=”accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share” referrerpolicy=”strict-origin-when-cross-origin” allowfullscreen=””> When we say the Internet is broken, it means our digital economy is upside down—fake news is rampant, search results are mediocre, content creators are left behind, and the “Big Five”—Google (NASDAQ: GOOGL), Amazon (NASDAQ: AMZN), Microsoft (NASDAQ: MSFT), Meta (NASDAQ: META), and Apple (NASDAQ: AAPL)—own all our data. With the marriage of blockchain, AI, and IPv6, all of these pain points will be alleviated, and we can build a more trustworthy and lucrative digital economy for all. The Metanet is a new internet in development that makes the most out of these technologies by combining them, using blockchain as its backbone. Jake Jones, Head of Infrastructure and Business Program Manager of the BSV Association, is an expert on the Metanet and shared his thoughts with CoinGeek at IEEE COINS in London. “One of the coolest parts about blockchain is the fact that you can timestamp things globally, and then you can use that as data provenance,” he said. “You can also track the integrity of that data from origin all the way through till it gets to you, and you can ensure that that data hasn’t changed before it’s gotten to you from its point of origin,” he said. “So that’s how we’re going to take care of the misinformation and the fake news problem that’s going on today,” Jones added. In addition to solving the misinformation issue, blockchain enables micropayments, the key to monetizing our data and digital content. “At the moment,…
Filed under: News - @ September 20, 2024 3:27 pm