Blockstack is a decentralised internet where users keep their data locally when they run apps.
This is in contrast to the conventional internet which stores users’ information in centralised servers – making it vulnerable to theft by cyberattack.
“It’s a really big change from the current internet ... we [take] the value away from these big centralised companies like Facebook and Google and put data back into the users’ control,” he said.
The network verifies and copies information to each user and a record is made on the blockchain.
This will allow users to buy a user ID and set up the ID to include only information the user wants to share when logging in to Blockstack apps.
Salibra believes that centralisation of information by tech giants such as Tencent, Alibaba, Facebook and Google is a threat to user privacy and cybersecurity.
Users will be able to download a browser – developed mostly by Salibra – that will have apps for the system. »