Blockchain / Cryptocurrency Technology to Protect Net Neutrality Rights — Substratum.Net (SUB)
- The FCC will vote to repeal its net neutrality rules on December 14. The outcome is a foregone conclusion.
- Leveraging Artificial Intelligence and Blockchain technology, it may soon become impossible for telecommunication companies or government agencies to identify and limit user traffic.
- Substratum, a revolutionary technology company is working to change the way content is delivered and hosted on the internet, potentially disrupting the entire Net Neutrality debate, and internet censorship as a whole.
On December 14, the Federal Communications Commission will vote to repeal the net neutrality rules it put in place in 2015. With Republicans commissioners who oppose the rules outnumbering Democrats who favor them three to two, the outcome of the vote is all but predetermined.
On December 14, the Federal Communications Commission will vote to repeal the net neutrality rules it put in place in 2015. With Republican commissioners who oppose the rules outnumbering Democrats who favor them three to two, the outcome of the vote is all but predetermined.
While this vote is likely to drastically reduce freedom of information on the internet, and create barriers of entry for small content providers, there may be a silver lining. Tech firm Substratum has developed and successfully tested a solution that may make this, and all internet censorship, much more difficult to enforce. Potentially creating windfall profits for the company, and early investors in the cryptocurrency Substratum (SUB).
Blockchain / Cryptocurrency technology fight back
Net neutrality is the principal that internet service providers (ISP) should, in general, treat all data sent over the network the same. Whether this is a video game, simple email, or streaming TV service. In particular, the FCC’s 2015 net neutrality rules bar ISPs from blocking, slowing, or providing preferential treatment to particular sites and services.
One company is using blockchain and cryptocurrency technology to allow anyone on the internet to host web content, and earn money doing so. Currently when you begin watching a new show from Netflix, you access this content by connecting to Netflix servers and begin streaming data. Your Internet provider can easily identify where you are going, and potentially charge you, or Netflix a premium for this bandwidth.
Substratum (SUB) https://substratum.net/ is proposing to turn this model on its head. Instead of accessing a Netflix server, anyone in the world can host and distribute this content, and make money doing so. The next time you access your favorite TV show, it could potentially be coming from your neighbor down the street, or from a hosting partner across the world. This would make it virtually impossible for AT&T to identify or limit your activity.
This technology may have even greater implications in countries that restrict citizens from accessing certain websites. As you can imagine, citizens of China and Iran will have a vested interest in gaining access to free and open news from across the globe. The obvious implication being that, just as the blockchain is disrupting the financial industry, it is also poised to change the functionality of the entire internet. We will all be watching carefully in the coming days.