Article: The centralised nature of our internet makes outages like Fastly’s inevitable

Cloud, Data, Decentralized Internet

The centralised nature of our internet makes outages like Fastly’s inevitable

While Fastly’s outage is a wake up call for its customers, who will be doing back-of-the-envelope calculations to work out their losses during the downtime, there’s no obvious solution, warns Kevin Curran, Professor of Cyber Security at Ulster University and senior member of technical professional organisation IEEE.

While Sir Tim is busy dedicating his time to building a newly-decentralised version of the internet via his web platform Solid, until the public grasps how important that data is and mounts a full backlash against the ways in which tech giants abuse it, the ways in which the internet operates is unlikely to change, Prof Curran adds. Hospitals and banks and airlines and power grids and other major infrastructure systems need to ensure they have sufficient extra security layers and protocols in place for when people make configuration changes and to crucially, to learn from their mistakes, he says. “At the end of the day, the five giants rule the internet. But the internet really can be brought down by one person making a mistake.”

Read full article

Article: The rise of NFTs must be accompanied by further decentralization

Crypto, Decentralized Internet, Digital Content

The rise of NFTs must be accompanied by further decentralization

As the nonfungible token market continues to thrive, it stands to reason that more and more people will continue to move towards the use of highly decentralized blockchains that offer a high level of data transparency and flexibility to their users in terms of trading NFTs, especially when compared with centralized solutions such as Rarible, OpenSea, Binance NFT, etc.

Today there are Byzantine fault tolerant (BFT) cluster-based blockchains that have been tailor-made for handling NFT database management duties. A decentralized database can provide users streamlined access to a data delivery network that ensures a high level of protection from data breaches, network failures and performance troubles — all issues that currently plague the global NFT ecosystem in a big way.

Read full article

Article: Data fairness: A new social contract for the 21st century economy

Civil Society, Data, Web 3.0

Data fairness: A new social contract for the 21st century economy

The power of data is relational and cumulative, it is the product of many participants and users who are often unwitting in their contribution to “data labor,” and are often not compensated fairly for it.  We need more sophisticated tools for understanding the unique properties and dynamics of data.

Innovations to redress the imbalance of the data economy range from top-down government interventions, such as targeted regulatory reforms, to bottom-up civil society-led actions, where “data stewardship” can be fostered through institutions like trusts, cooperatives, and unions, which give people more control. Overall, a broad community of perspectives should be included in any efforts to rebalance the digital economy.

Read full article

Article: Debunking cyber security misconceptions about edge computing

Cloud, Cyber-Security, Decentralized Internet

Debunking cyber security misconceptions about edge computing

The first layer, Network segmentation is essential as the edge perimeter expands. It works by breaking up a computer network into segments, enabling better control of data traffic and also limiting how far an attack can spread.

This can be further improved using data diodes and unidirectional gateways, which allow traffic to flow in one direction only, preventing sensitive data to be leaked should an edge device be compromised.

Next is an intrusion detection system which can identify and alert users of potentially malicious traffic that could damage, disrupt service, or impact availability of systems running on the edge.

Read full article

Article: Sales of Blockchain IoT to Increase from Top End-use Industries During the Forecast Period

Blockchain, Hardware, Software

Sales of Blockchain IoT to Increase from Top End-use Industries During the Forecast Period

Internet-of-Things (IoT) is booming. The world is changing by the revolutionizing innovations of technology. IoT is an advanced technology that connects all the devices over the Internet while blockchain is a type of distributed ledger technology. Collectively they form a secure analytical environment. It offers umpteen number of opportunities for industries to process smarter operations. While, on the other hand, Blockchain provides a scalable and decentralized system to IoT tools, applications, and platforms. Major benefits of utilizing blockchain for IoT are the least risks of collusion and tampering, reduced settlement and cost for transactions.

Read full article

Article: Building the Edge with Community-powered Innovation

Cloud, Open Source, Software

Building the Edge with Community-powered Innovation

There was a time when large technology vendors and enterprises wouldn’t touch open source software with a 10-foot pole. But now most embrace it avidly. What’s more, it’s almost certain that open source will be at the forefront of edge computing’s evolution.

“We are now seeing open source as kind of a platform that more and more companies are joining,” says Ishu Verma, senior principal product marketing manager for emerging technologies with Red Hat. Of particular note with regard to open source edge, he adds, is the community participation of companies like Bosch, big industrial players with a history of proprietary approach to software. “Companies see that, first of all, the speed of innovation is faster and they can help contribute to this.”

Read full article

Article: The tides are turning for blockchain in mainstream media

Blockchain, Media

The tides are turning for blockchain in mainstream media

In order to break through the current barriers of understanding, businesses need to take a utility-focused approach to the media. The internet’s mainstream moment came not when people understood how it worked, but why they needed it.

The same goes for blockchain. The space will only continue to grow as these barriers of understanding are lowered, and people begin to see the wide-ranging potential applications of the technology become reality. Blockchain companies who can get this right now stand not only to benefit from adoption in the short term, but to become the Googles, Microsofts and Apples of the future.

Read full article

Article: Why there is a rise in virtual marketing office

Decentralized Internet, Innovation, Web 3.0

Why there is a rise in virtual marketing office

With decentralised infrastructure and application platforms replacing today’s centralised tech marketplaces, private marketing platforms will become the virtual marketing offices of the future. Controlled by businesses and entities who will own the data, with minimum invasion of privacy and interruptions.

Initially, private platforms communicate with internal systems to create a single integrated  end-to-end user experience, ensuring that all relevant data is available in a single place.

Going forward, with more private platforms entering the ecosystem, private platforms will  start talking to other private platforms as well as public platforms, relying more on  peer-to-peer distributed transaction ledgers rather than large marketplaces and aggregators.

Read full article

Article: The Overweb – Future of the Internet

Decentralized Internet, Web 3.0

The Overweb – Future of the Internet

The internet is an absolute necessity in today’s world. From school-going kids to senior-most citizens, almost every single person relies on the web for their information. If this information is shared freely without any credibility, there is always a danger of people being misinformed or misled.

Projects like the Overweb can be of immense help in such a case. They create a secure hyper-dimensional web space where knowledge is layered and users are verified. This significantly increases the credibility of the information and also presents all relevant information in a single place for participants’ convenience.

Read full article

Article: The energy ecosystem should move to make the ‘energy internet’ a reality

Hardware, Innovation, Web 3.0

The energy ecosystem should move to make the ‘energy internet’ a reality

These are just a few of the myriad ways in which an open, any-to-any energy internet will promote innovation, stimulate competition and generate big wins. No one can predict exactly what those big wins will be, but there will surely be many, and they will accrue to the benefit of all.

That’s why even without a crystal ball, we should all commit ourselves to digitalization, decentralization, decarbonization, democratization and diversity. In so doing, we’ll build the energy internet together, and enable a fair, affordable and clean energy future.

Read full article