Exploring Blockchain's Role in Fostering a More Autonomous and Credible Internet
Summary:
In an episode of Hashing It Out, host Elisha Owusu Akyaw chats with XYO Network's co-founder, Arie Trouw, about utilizing blockchain technology for a more autonomous internet. They discuss data sovereignty, privacy, and the potential role of blockchain in verifying the validity of online information. The concept of a sovereign internet where users control their data set, tools, and services is also covered. While analyzing issues like fake news, they explore how a culture of verifying information credibility could make blockchain technology the preferred method for certifying information origin.
Seven days after an internet disruption in his homeland, Elisha Owusu Akyaw, host of Hashing It Out, seeks clarity on how blockchain technology might frame a more autonomous internet. He discusses this with Arie Trouw, the co-founder of XYO Network. The episode further dives into data sovereignty and the critical role of privacy amidst the continual evolution of the internet. Akyaw's dialogue with Trouw extends into contemporary issues such as elections and disinformation, and how blockchain technology might serve to authenticate the legitimacy of information disseminated via social media platforms. Trouw elucidates that a sovereign internet echoes the ideals of the preliminary version of the internet—Web1, amalgamating the gears of Web2 and Web3, facilitating users to have control over their own data set, tools and services. This could be exchanged with other users without requiring a central hub or a third-party authority. Trouw acknowledges the fact that although blockchain might not be the ultimate solution to combat disinformation on the internet, it could certainly serve a vital role once a culture of cross-verifying the credibility of information is adopted by society. He ardently believes that at this juncture, blockchain has the potential to certify the origin of information. The podcast further uncovers additional use cases of blockchain in enhancing internet use, delving into its contribution in using location data and its plausible role in alien identification. One can listen to the entirety of the Hashing It Out episode on Spotify, Apple Podcasts, TuneIn, or any preferred podcast platforms. Additionally, Cointelegraph's expanding library of Web3 podcasts is worth exploring. Note: This content aims to provide general information and does not intend or claim to be a substitute for legal or investment advice. The viewpoints, thoughts, and opinions resonated here are solely those of the author and may not align or depict the perspectives and ideas of Cointelegraph.
Published At
3/28/2024 3:05:00 PM
Disclaimer: Algoine does not endorse any content or product on this page. Readers should conduct their own research before taking any actions related to the asset, company, or any information in this article and assume full responsibility for their decisions. This article should not be considered as investment advice. Our news is prepared with AI support.
Do you suspect this content may be misleading, incomplete, or inappropriate in any way, requiring modification or removal?
We appreciate your report.