Article: What are dApps and How Do They Enable a True Free Market?

Civil Society, Commercial Intelligence, Decentralized Internet, Web 3.0

What are dApps and How Do They Enable a True Free Market?

Crowdsourcing innovation and ideas is the most effective way to not only make the best possible systems, but to ensure that those systems work for everyone and can adapt over time. If we can transform the economy into a giant game of d-commerce, we can once again participate in a free market. The most free market the world has ever seen.

We need to democratize our economy from the ground up and force the big players to play by our rules or quit the game.

Some people tend to think that individual innovators or thought leaders are the ones who create the great products and corporations of our time. Bill Gates, Jeff Bezos, and Elon Musk surely are intelligent people, but they have huge teams of brilliant minds working under them. How many other brilliant minds are scattered across the country? Across the world?

Read full article

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.”

Read full article

Article: USTDA supports digital connectivity in South Africa

Dark Fiber, Hardware

USTDA supports digital connectivity in South Africa

The U.S. Trade and Development Agency on June 10 announced grant funding for a feasibility study to support Dark Fibre Africa (DFA’s) efforts to expand reliable and affordable internet access and digital services to underserved populations living outside of South Africa’s major urban centers. DFA is a south African wholesale open-access fiber infrastructure and connectivity provider.

“USTDA’s feasibility study will help shape how we extend internet access and digital infrastructure to the less-connected,” said Vino Govender, Chief Strategy, M&A and Innovation Officer at Dark Fibre Africa. “We are taking a holistic approach. By aggregating demand for digital services using shared infrastructure, we believe we can create a business case for connecting customers in underserved areas.”

Read full article

Article: Opinion: Wi-Fi should flow just like water

Civil Society, Hardware

Opinion: Wi-Fi should flow just like water

President Biden pledged billions of dollars in his new infrastructure package to help expand broadband. That’s a welcome commitment, but merely laying more fiber won’t fully solve the problem. Even in places where high-speed internet connections are available, many Americans can’t afford them.

In 21st century America, internet access is as essential as electricity and running water. It’s time to make broadband accessible and affordable to everyone, by treating internet like an essential utility rather than a luxury good.

Fast home internet is necessary to work, learn, play, and live in the 21st century. We won’t have a just society until it is accessible — and affordable — to all.

Read full article

Article: Legalization of Cryptocurrency will Kickstart Economic Development in Latin America

Crypto, Governance, Innovation, Money

Legalization of Cryptocurrency will Kickstart Economic Development in Latin America

The popularity of cryptocurrencies around the globe has forced governments to reconsider their initial stances on cryptocurrency acceptance within their specific borders.

In June 2021, El Salvador became the first country in the world to approve Bitcoin as a legal tender. Other Latin American governments including Paraguay, Panama, Brazil, and Mexico, have expressed similar interests in supporting cryptocurrencies as legal tender.

Cryptocurrencies act as a uniquely safe economic instrument in a region plagued by government corruption, interference, and low productivity. In this respect, the adoption of cryptocurrencies as legal tender serves to guarantee some semblance of economic stability for countries in Latin America, allowing for a true launch of economic development initiatives into the digital age.

Read full article

Article: A revival at the intersection of open source and open standards

Open Source, Software

A revival at the intersection of open source and open standards

I served as a volunteer firefighter in California for 10 years and witnessed firsthand the critical importance of technology in helping firefighters communicate efficiently and deliver safety-critical information quickly. Typically, multiple agencies show up to fight these fires, bringing with them radios made by different manufacturers that each use proprietary software to set radio frequencies. As a result, reprogramming these radios so that teams could communicate with one another is an unnecessarily slow — and potentially life-threatening — process.

If the radio manufacturers had instead all contributed to an open-source implementation conforming to a standard, the radios could have been quickly aligned to the same frequencies. Radio manufacturers could have provided a valuable, life-saving tool rather than a time-wasting obstacle, and they could have shared the cost of developing such software. In this situation, like so many others, there is no competitive advantage to be gained from proprietary radio-programming software and many priceless benefits to gain by standardizing.

Read full article

Article: Covid-19 Vaccination Passes Could Catalyze Self-Sovereign Identity Adoption

Data, Decentralized Internet, Open Source, Software

Covid-19 Vaccination Passes Could Catalyze Self-Sovereign Identity Adoption

Article: IoT and Blockchain: The Future of Smart Cities

Blockchain, Cyber-Security, Hardware

IoT and Blockchain: The Future of Smart Cities

Existing smart city concepts include within themselves a variety of equipment with sensors for collecting data. This could be driverless transportation, drones for the delivery of goods, city cameras for monitoring, automated stoplights, and any other equipment for that matter. This makes the collection of personal data an inevitable fact, which is why it is necessary to prevent this data from being accessed by unwanted third parties.

The collection and storage of personal data create a risk for the personal lives of every human being. Developers of solutions for smart cities must provide a transparency policy for the exchange, confidentiality, and security of data for end-users.

This is exactly why blockchain technology opens up the possibility for all participants of such a process to collect and exchange their data with a high level of reliability and security without the involvement of a sole centralized administrator or intermediaries.

Read full article

Article: The Future of Work is Decentralized and Decent

Decentralized Internet, Web 3.0

The Future of Work is Decentralized and Decent

For decades, holding a “full-time job” with one employer has been the norm in developed economies. Increasingly, those norms are changing. A new generation of young adults entering the global workforce, the aftermath of COVID-19, and numerous other factors have spurred accelerated growth in one specific segment of the economy: independent workers.

More than one-third of U.S. workers (about 56 million total) participate in the gig economy, either as their primary or secondary jobs. Additionally, 4.33 million people in the United Kingdom were self-employed in the first months of 2021.

Beyond those raw stats, we can see the proliferation of freelancing and gig work through the emergence and rapid growth of major gig economy employers, including Uber, Lyft, Turo, Upwork, and Fiverr.

Blockchain now stands poised to take self-employed workers to the next level, with Decentralized Autonomous Organizations (DAOs) leading the way.

Read full article

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