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Centralization can not support society – Enter Blockchain technology

Centralization can not support society: it enters Blockchain technology

Blockchain is set to bring us back to the future. In the beginning, the Internet was a system owned by anyone and all at the same time. This was decisive in its explosion of popularity: anyone, from anywhere, could create content and share it with the world. In that ungoverned system, neither government forces nor business forces were able to control or restrict the web, its users, or information about it.

Guest article by Jonas Sevel Karlberg, CEO of AmaZix

This story is the first of a three-part series entitled "Three reasons why the future is Blockchain".

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So the Internet has changed

More recently, marketing led by major dominant players has led to the creation of a system in which information is paid and placed by rich and powerful. Technology giants, big business, and even governments now actively monitor not only what we can do on the internet, but they also have unprecedented and unprecedented capabilities to watch us as we do.

This is not the way the Internet should work, and it should not continue to work this way. Introduction to the blockchain: a network of distributed ledgers created through the commitment to achieve decentralization and democratization. Blockchain offers a solution to the monopolisation that currently dominates the internet.

Blockchain

Corrupted from the marketing

Although the Internet is still widely decentralized, it now depends on large centralized services to support its critical components such as web hosting, cloud computing, DNS services, social media, search engines, email services and many others.

Google Chrome is one of the most popular browsers in the world: Android smartphones and the ubiquitous Google Suite combine to offer the hegemony of Google on the Internet. In fact, as Mozilla's Internet Health Report 2018 shows, over 90% of Internet users use Google Search.

Other giant companies have similar control in other areas, with Amazon dominating cloud storage and Facebook governing social networking. The ability of these global behemoths to observe what people do on the Internet at an unprecedented level is part of the reason for their dominant positions and allows them to exploit this information for their commercial and financial gain.

More important is their ability to dictate what consumers can and can not see: search results are ranked based on advertising revenue and are filtered by location and government, subtly hiding advertising based on behavior and data demographics of consumers. Accuracy, correctness and relevance of information are secondary to popularity, price and commercial value.

This betrays the ideals on which the Internet was built. What we do is only with the permission of some central entity. Do you want to buy something online? It is possible, but only if the bank or the payer pays the merchant on behalf of the user. Do you want to greet a friend halfway across the world? Of course, but only if Facebook transmits the message to you.

Blockchain

Return information to the community

First of all, it is important to distinguish between architectural and political decentralization. The first refers to the number of computers that make up a system, while the second concerns the number of individuals or organizations that ultimately control that system.

Blockchain uses both to take ownership of information away from the gigantic and authoritarian technological companies and put them in the hands of ordinary people.

In a decentralized system, the Internet becomes a community of users and a network of independent machines that feed and host information. This not only removes the central hands from the control levers, but also makes the systems more resistant to hacks and failures.

Blockchain is already decentralizing monetary transactions, among other things, and will be crucial for the creation of a decentralized sustainable internet. It allows decentralized web hosting, protecting against DDoS attacks by replacing centralized servers with thousands of nodes, each of which forms a small part of a website. This is the basis of architectural decentralization and is a necessary change, given the recent data breaches.

In turn, architectural decentralization promotes political decentralization, restoring control of information to users. The registries distributed at the center of the blockchain not only protect against data breaches, but also prevent companies that store information from using them for their own commercial advantage, sharing them with governments or selling them to third parties without the user's consent. By storing data on a distributed network, blockchain technology ensures that users retain ownership of their information.

Blockchain

Decentralization through Blockchain technology

Decentralization is the path to follow, but there are undoubtedly different challenges to overcome along the way that must be resolved if we want to realize the potential for transformation of the blockchain.

The most significant problem currently faced by blockchain systems is scalability and this limits the adoption of technology by most companies. Protecting privacy is essential even if user data and information need to be properly monitored, since the blockchain is currently based on pseudonymy rather than anonymity.

The biggest challenge to solve, however, is slow adoption and familiarity with the underlying technology. If a decentralized internet has to re-emerge, people outside the blockchain and crypto communities must involve and support them. This means that the pervasive cynical perception of the blockchain must be defeated.

The bottom line is that centralization can not support society. The decentralization revolution has been silently launched for longer than one might think, and the blockchain is going to take a step forward.

The cryptosphere is driven by its unique capacity for collective development and by a common belief in the potential for transforming technology to improve society as a whole. If someone can turn the decentred dream into reality, the krypton community can do it.

Say yours. Are you excited by the potential for democratization that blockchain offers us all?


Images via Pixabay

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