Macro Visions: Doing to the Internet What Bitcoin Did to Money with Sacha Obeegadoo
Threefold: A Decentralized Internet
In a recent podcast, Sasha Obeegadoo, self-titled evangelist at Threefold, discussed the company’s mission to create a decentralized internet. Threefold is building a new operating system, compute, storage, and network primitives that will allow users to own and control their own data.
The current internet is centralized, meaning that a small number of companies control the infrastructure that makes it possible for us to connect to the web. This centralization has led to a number of problems, including:
- Data privacy concerns: Because our data is stored on centralized servers, it is vulnerable to being hacked or sold to third parties.
- Lack of security: Centralized servers are a target for hackers, which can lead to data breaches and other security problems.
- High costs: The cost of building and maintaining centralized infrastructure is high, which can lead to higher prices for consumers.
Threefold’s decentralized internet aims to address these problems by giving users ownership and control of their own data. This will make it more difficult for our data to be hacked or sold, and it will also make the internet more secure and affordable.
Threefold is still in development, but it has the potential to revolutionize the way we use the internet. If successful, Threefold could make the internet more private, secure, and affordable for everyone.
Here are some additional thoughts on Threefold:
- The potential impact of Threefold: Threefold has the potential to revolutionize the way we use the internet. By making the internet more decentralized, Threefold could address a number of problems that are currently associated with the centralized internet, such as data privacy concerns, lack of security, and high costs.
- The challenges facing Threefold: Threefold is still in development, and it faces a number of challenges, including:
- The technical challenge of building a decentralized internet
- The regulatory challenge of operating in a number of different jurisdictions
- The economic challenge of competing with the established centralized internet
Despite these challenges, Threefold has the potential to make a significant impact on the way we use the internet. If successful, Threefold could create a more private, secure, and affordable internet for everyone.
For more on Threefold, visit Threefold.io!