Some people might be surprised to learn that the Internet is changing. Actually, the Internet is in a constant state of flux; though, certain developments are more meaningful than others. Privacy concerns and the great disparity of corporate-controlled Internet services throughout the world require a change in the status quo. A new digital infrastructure is needed to maintain the growing impact of the Internet of Things (IoT) and online life.
Introducing Decentralized Applications (dApps)
The key to emerging internet services is decentralization. Blockchain technology is central to the current array of decentralized solutions. Blockchains minimize, and even avoid, central points of failure. The catch is that users must be much more proactive when it comes to effectively operating the technology. However, this is changing with some brilliant solutions in the areas of decentralized applications.
Important Issues to Consider
Developing a decentralized blockchain is already beginning to take shape. There are three decisive factors that have been termed the “Blockchain Trilemma”. It involves:
- security
- scalability
- decentralization
There are already efforts to develop a more suitable internet that can meet these challenges that impact the modern online world. The ThreeFold Foundation is one of these efforts. The foundation believes that the new internet needs to be distributed, environmentally friendly, and more secure to be cost-effectively managed.
Developing for a Better Future
Efforts like ThreeFold arose out of the unpreparedness of our current Internet to handle Big Data and IoT. With technologies like artificial intelligence, the online world simply outpaced the infrastructure of what we term today’s “Internet”. Online life is more than ICANN’s realm of Internet Governance. The broader internet is one of inspiration, creativity, innovation and meaningful communication.
All of this is possible and does occur in places like the centralized Google Internet. However, the global community must strive for an internet that empowers individual minds, rather than cater to the changing whims of limited corporate agendas. Meeting the needs of global communities led to centralized power by a few corporations. This put massive user data at their discretion. This is what decentralized applications can change.
Conclusion
Decentralizing the internet will put users in control of their data. Applications are already seeing benefits from decentralization. It is a move in online development that empowers independent minds and fosters more intimate communications.
