Many are heralding blockchain as an innovation that will bring about as much or more change than the Internet. Most emerging non-currency applications of blockchain are for existing or planned coins for banking and payments, supply chain management, insurance, ride sharing, charity, voting, government, healthcare, energy management, music, retail, real estate, and more.
There is a strong surge in interest in taking down Amazon and Google. This is a good thing — and of course includes the end of #GoogleGestapo including the censorship, manipulation, crowd-stalking, and digital assassination that characterize Facebook, Twitter, and YouTube, among others.
Top Silicon Valley venture capital firm Andreessen Horowitz and Polychain Capital, a cryptocurrency hedge fund, have invested $61 million in Dfinity Foundation, a firm that intends to connect multiple computers together using blockchain to build an “Internet” computer.
When the network was tested last year, it was 600 times faster than the prevailing speeds in ethereum’s network at that time.
Winding Tree is building a new decentralized, open-source travel distribution platform that aims to serve the needs both of the traveling public as well as the suppliers of travel products. The platform would involve no centralized control which means that there won’t be many intermediaries to escalate prices. It would also have no barriers for entry so that finally smaller businesses in the industry can have an equal footing with the big boys.
Megaupload founder Kim Dotcom says he will help facilitate an unobstructed internet, free from prying eyes, through MegaNet, which will operate without IP addresses. The German entrepreneur is currently resisting extradition to the US from New Zealand over alleged copyright infringement.
Dotcom, who believes the internet to be a new frontier of rough-and-tumble lawlessness like the Wild West, previously described his alternative internet idea as “indestructible, uncontrollable & encrypted”.