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The Digital Currency: User Data
User data is the fodder of AI(artificial intelligence) and is required for the global tech revolution. This personal information is the new oil, and individuals, who are the real and rightful owners of their data, are now starting to realize its value.
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We Lost The Internet
- First developed for the military, the internet wasn’t always the closed, capitalistic ecosystem that it is now.
- Before the tech giants staked their claim on billions of users, it was a decentralized place with no custodian.
- Now, only a handful of companies control most of...
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Decentralized Internet: Challenges
- Due to the non-compatibility of internet software and the high levels of technical skills required, work on the DWeb(Web 3.0) is facing slow developer adoption.
- There is also the problem of having full security along with ease of use, as any security comes with censoring or restricti...
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Decentralized Internet
Web 3.0, or the DWeb, is the Decentralized Internet and does not have any hosting company, making it completely democratic.
It is controlled by users themselves, and not by a handful of tech giants with valuations touching a trillion dollars.
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Web 1 2 3
- The early days of Web 1.0 had users connecting directly with friends and family and most of the online stuff was unregulated.
- Web 2.0 has been mostly about social media and companies using consumer data for their AI engines.
Web 3.0 aims to decen...
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Benefits Of Decentralized Internet
- No possibility of monopoly or control by big tech.
- Full security and privacy, due to its distributed nature.
- Complete encryption of user data with no exploitation by tech giants.
- Device interoperability for seamless and easy switching.
- No central hosting resul...
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Ethical AI
Some reputed companies such as Google, Microsoft, Apple, Facebook and other tech giants are building ethical AI to follow an ethical framework with four essential principles for effective data governance— fairness, accountability, transparency well to exp...
Privacy data in the digital world
Consumers in the digital world give away a large part of their personal data. For example, we enter our age and credit card numbers, allow companies to track our behaviour, and often display our geographical location.
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