When fictional entrepreneur Richard Hendricks from HBO’s Silicon Valley was prompted to elaborate on what he would build if given unlimited time and resources, his answer practically sparked countless Reddit discussions about its possibility in the real world.
We could build a completely decentralized version of our current internet, with no firewalls, no tolls, no government regulation, and no spying. Information will be free in every sense of the word.
What’s wrong with the current Internet?
Insufficient accountability and transparency for personal data
One of the reasons why the current internet is not perfect is that there is no transparency and accountability in how private user information is collected, stored, and used by governments and tech giants. The power to control the internet and all its data is centralized and controlled by few powerful individuals, governments, and corporations.
2018 proved to be a nightmarish year for Facebook. The Cambridge Analytica scandal saw how personal data can be exploited for commercial and political agenda. The data breach exposed personal details of 87 million accounts and this indirectly led to the election of…
