Can blockchain create a sovereign internet?

Can blockchain create a sovereign internet?


A week after the country's internet blackout, Hashing It Out host Elisha Owusu Akiyaw seeks answers on how blockchain technology can create a more sovereign internet in an interview with XYO Network founder Ari Trow.

The show covers data sovereignty and the importance of privacy in the ever-evolving internet landscape. The discussion between Osu Akiau and Trow explores emerging issues such as elections and fake news and how blockchain technology can be used to ensure the accuracy of information on social media.

The tab explains that the Sovereign Internet is based on the idea of ​​the original version of the Internet (Web1), but with the functionality of Web2 and Web3.

On a sovereign Internet, users have their own set of data, tools, and services, which they can share with other users without the need for a central server or third-party authority.

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“So the sovereign Internet is somewhat of a step back from Web2 to Web1, where each party shares their own services and their own peer-to-peer functionality with others. And the Internet works as intended.

In the year As major global elections take place in 2024, deep-fake issues like fake news and artificial intelligence will further polarize society.

Trow admits that blockchain may not be the answer to the problem, as dealing with fake information on the internet requires the average person to be skeptical and willing to check everything they read.

However, as society develops a culture that seeks to ensure the trustworthiness of information, Trow believes that blockchain technology will be the ultimate means of verifying the origin of information on the Internet.

The rest of the podcast explores the use of blockchain technology to create a better internet using location data and how blockchain technology can play a role in identifying aliens.

Listen to the full episode of Hashing It Out on Spotify, Apple Podcasts, TuneIn, or your podcast platform of choice, and check out Cointelegraph's growing catalog of Web3 podcasts.

This article is not intended for general information purposes and should not be construed as legal or investment advice. The views, ideas and opinions expressed herein are solely those of the author and do not necessarily represent the views and opinions of Cointelegraph.

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