Article: Will you be on the side of Web 3.0? Lina Khan as US FTC Chairman

Decentralized Internet, Web 3.0

Will you be on the side of Web 3.0? Lina Khan as US FTC Chairman

The Biden administration nominated Lina Khan as chairman of the Federal Trade Commission (FTC) on the 15th. Kahn is a professor at Columbia Law School and is 32 years old. It will be the youngest in history as the top of FTC. Kahn is known for being critical of the monopoly of big tech such as Amazon.

Blockchain proponents tend to reflexively resist regulation and regulators, but given Khan’s concerns about monopoly by large corporations, he supports blockchain on major privacy issues. It can also be on your side.

In addition, Kahn’s anti-monopoly stance could create significant market opportunities for new types of tech companies, including those developing decentralized systems and “Web 3.0.”

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Article: Interoperability of blockchain key to realising tech’s full potential

Blockchain, Decentralized Internet

Interoperability of blockchain key to realising tech’s full potential

Blockchain interoperability would be especially needed in value chain industries, such as supply chain, trade finance, healthcare, aviation, and other such industries. One simple blockchain network would not cut it and would simply be unable to provide all the needs for any given transaction. Hence the need for many networks and connecting these networks is what makes this system worthwhile.

There are many interesting projects such as Chainlink, Cosmos, Hybrix, Polkadot, and Wanchain. Other notable projects include Aion, Ark, ICON, Transledger, Cosmos and Overledger. The endgame is to create an ‘internet of blockchains’ – a network of blockchains that can easily talk with each other all in a decentralised manner.

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