What is the Internet Computer — the Dfinity Project at a Glance

What is behind DFINITY and the Internet Computer?

On May 7, 2021, DFINITY’s Internet Computer was presented to the general public at a launch event. As a so-called blockchain computer, the Internet Computer is intended to become the logical next step alongside smart contract platforms and payment systems and represent another pillar in the crypto world. A few days after the launch, the new ICP token went on the market and promptly triggered a hype. Reason enough to take a closer look at the Swiss crypto company and the Internet Computer.

About the DFINITY Foundation

Already since 2016, the Zurich-based DFINITY Foundation has been working on the Internet Computer. Dominic Williams founded the non-profit organization. The goal was to create a decentralized Internet by bringing together mathematicians, programmers, cryptographers, and database experts. Currently, the Internet is formed from proprietary ecosystems, which are in the hands of large corporations. Internet Computer’s approach represents a kind of blockchain computer on which developers and companies can develop, use and manage software and systems. After Polkadot, DFINITY raised the second most capital upfront. About $121 million went into the development of the internet…