Internet news-Page 7
How a blockchain network plans to tackle the internet's major shortcomings
A network has vowed to become "the first truly decentralized and anonymous alternative to the regular internet." While the online world touches every aspect of our lives today, it's fraught with issues. Digital footprints have created lingering concerns about privacy — with high-profile data breaches exposing confidential information. There's also the threat of censorship, with some countries blocking sites and jamming communications. According to Unigrid, today's internet is centralized "and controlled by big businesses running huge data centers," putting the personal data of everyday users in their hands. Its network has been described as a "low-level backbone" for a truly …
Blockchain / Dec. 10, 2021
What Facebook’s rebranding tells us about Big Tech’s ‘Game of Platforms’
In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century. Sometimes a project’s name tells you all you need to know about it, no matter how niche. Take Kryptomon, for example, the NFT game that recently completed a 24-hour sale in one second. You understand, based on its name, that some kinds of cutesy monstrosities evolving and fighting one another must be involved, and you know it must be blockchain-based. Clear, concise and to …
Decentralization / Dec. 8, 2021
Dogecoin and Ether rank in top 10 news searches on Google in 2021
Major cryptocurrencies Ether (ETH) and Dogecoin (DOGE) made the list of the world’s top searched terms in 2021 on Google On Dec. 7, Google released its traditional annual list of the top searches for the year, breaking them down into several categories including searches, news, people, games, movies and others. According to Google Trends’ Year in Search 2021, Dogecoin was the fourth most popular news search term on Google in 2021, both globally and separately in the United States. News related to the query “Ethereum Price” was ranked 10th. The cryptocurrencies are listed among the top searched new items including …
Adoption / Dec. 8, 2021
2021 ends with a question: Are NFTs here to stay?
In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain. On Nov. 14, Tezos-based nonfungible token (NFT) marketplace Hic Et Nunc — which in Latin means “here and now” — abruptly shut down. Artists became worried about their NFTs on exhibit at the Hermitage Museum’s first-ever NFT exhibition, “Ethereal Aether” (Nov. 10 to Dec. 10), as well as Art Basel Miami’s first-ever NFT exhibition, “Humans + Machines: NFTs and the Ever-Evolving World …
Decentralization / Dec. 4, 2021
The three traits of Web 3.0 that fix what went wrong with today’s internet
Blockchain tech has come a long way. It wasn’t that long ago that crypto remained at the fringes, evangelized by a vocal minority. The narrative shifted once the COVID-19 pandemic pushed people into their homes with plenty of time to dive into new interests. Crypto benefited from the increased attention, entering everyday conversations among friends, family and colleagues. Even so, it’s still early in crypto. Widespread adoption remains elusive and traditional tech gatekeepers maintain their grip on the digital economy. To loosen that grip, those of us building the decentralized internet, or Web 3.0, have to do a better job …
Decentralization / Nov. 20, 2021
Blockchain metaverse startups: Unparalleled investment potential
Neal Stephenson, a popular sci-fi writer coined the phrase “metaverse” in his first best-selling and breakthrough 1992 novel, Snow Crash. Now that concept is becoming a reality, and what’s more, you can invest in the metaverses. In Ready Player One, The OASIS is another example of an advanced virtual reality. Numerous other sci-fi authors, such as Ian M Banks, have created and used similar concepts within their novels. Back in September, Facebook CEO Mark Zuckerberg was clearly interested in advancing the metaverse. In a recent earnings call, Facebook made it clear that they want to unify communities, creators and eCommerce …
Decentralization / Nov. 7, 2021
DAOs will be the future of online communities in five years
Online communities, those that share a common interest on the internet, can range from social networks, grassroots organizations and customer communities. We, as a society, are naturally communal, so it makes sense to engage in ideas and interests with others online. Whether we build relationships with people directly or indirectly, communities are built. However, how we do so differs. In 2006, web expert Jakob Nielsen proposed a 90-9-1 rule based on participation inequality in social media and online communities. According to Nielsen, in most online communities, 90% of users are lurkers, i.e., those who observe, but don’t contribute, nine percent …
Decentralization / Oct. 23, 2021
Crypto will generate more wealth than the internet, says Morgan Creek Capital CEO
By laying the foundations of the Internet of Value, cryptocurrency and blockchain will generate more wealth than Web 1.0 and Web 2.0, said Mark Yusko, CEO of Morgan Creek Capital, in an exclusive interview with Cointelegraph. “We haven't even gotten to the parabolic growth part of Web 3, which is going to create untold wealth,” stated Yusko. In his career as a hedge fund manager, Yusko profited from investing in early internet technologies. He embraced cryptocurrency in 2017 after realizing their potential to power the Internet of Value — a new iteration of the internet that will allow users to …
Technology / Oct. 13, 2021
Google, the most popular Bitcoin trend indicator, turns 23
Google, the leading indicator used to track the popularity of Bitcoin (BTC) and other cryptocurrencies, celebrated its 23rd anniversary on Monday. Founded by Larry Page and Sergey Brin when both were students at Stanford University, the search engine has spent the majority of its 23 years of existence being one of the primary entry points to the internet. Following the inception of cryptocurrencies, Google has been the primary method to search for new coins, track market trends and learn how to buy crypto. Since internet search statistics are an excellent way to track user behavior, Google Trends has become a …
Adoption / Sept. 27, 2021
Blockchain technology can change the world, and not just via crypto
Over the last three or four years, blockchain adoption has expanded tremendously, and each industry is exploring different use cases for the technology. There are multiple aspects of blockchain — from business to technical and more — but with the way the industry is exploding, it’s really hard to get it right. It’s best to divide the blockchain topic into two main buckets in order to understand the development of the ecosystem and the key benefits and innovations it provides. One is cryptocurrency, where we cover industries like financial services, insurance and capital markets, including deals via private equity and …
Technology / Aug. 28, 2021
A multichain approach is the future of the blockchain industry
The blockchain industry market size was estimated by some to reach more than $21 billion by 2025. The market capitalization of the cryptocurrency market as a whole already reaches over $1.9 trillion. An ecosystem that was once defined by its tight-knit community and exclusivity now reaches governments, businesses, institutional investors and individuals who are all becoming more positive about the evolving space. With this new popularity, a crossroads has emerged. We have reached the stage of adoption where the amount of users utilizing decentralized technology has exceeded the functionality of the technology itself. This has resulted in regularly congested networks …
Adoption / Aug. 15, 2021
Blockchain can help publishers improve audience trust
Readers expect their news content to be reliable and trustworthy, yet many doubt it actually is. Readers cite issues like unchecked sources, rushing too fast to print, careless reporting and news sites being deliberately misleading as contributing to their eroding trust in published content. Yet readers seek out — and are even willing to pay for — credible, factual, objective news. Increased trust will come from providing more transparency into the reporting and writing process, and the solution to this for news sites will come from an unusual source: blockchain technology. State of trust in publishing today We recently conducted …
Adoption / July 11, 2021