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The Internet has existed for over 35 years. As it evolved, the power to control its most vital services has shifted to large technology companies from open source protocols that are typically controlled by non-profit organizations. This allowed billions of people free access to great technologies. However, with this change of paradigm some disadvantages have arrived.
The pitfalls of leaving the control of the Internet to large technology companies
Since the big tech companies have taken control of the Internet, millions of users have complained about the theft or misuse of their data. Many companies that rely on the Internet to function have lost their audience and profit due to sudden changes in the rules implemented by technology giants.
The good news is that things will change soon. Currently there is a movement that supports a revolution that will take control of the Internet from centralized organizations that use blockchain technology and cryptocurrencies. This movement aims to remodel the internet to its original state. Technology companies that collect web hosting will have limited power.
Is it possible to connect to the Internet blockchain?
At first glance, the ability to replace these corporate-owned services with community-owned services may seem far-fetched. Despite this, there is enough historical data to show that being controlled by a community rather than society is the best way to protect Internet users. The evidence also shows that this was the original state of the Internet before the corporations usurped power.
Looking at a fundamental vision of blockchain technology design, you'll find that an open source model can be applied in more than just cloud-based services software if financial incentives are added. These financial incentives may be in the form of cryptocurrencies. These blockchain-based coins can be used as incentives for groups and individuals who create and maintain services on the blockchain.
The benefits of such a paradigm shift will be great. Confidence in the data will be removed from the hands of the companies and will be entrusted to an open community. This will transform the guiding principles of the Internet for the benefit of users.
