Can we make the Internet even better than it is now? If yes, how? This is a question many have asked, then tried to find some plausible answers. Blockchain can be one of these answers. Thanks to its characteristics and potential, blockchain could make the Internet safer, better and more creative.
The Internet is unique in that it has no central control, administration or authority. It has given everyone with access to it a platform to express their views and exchange ideas with others instantaneously. In recent years, Internet services such as search engines and social media platforms have increasingly been provided by a small number of very large tech firms. Dr. Hitesh Tewari from Trinity College Dublin believes that blockchain could be used to improve the Internet as we know it today. Here are four ways in which blockchain can do that.
Reducing and eliminating online hate
In order to use services on the Internet such as social media, email and cloud data storage, people need to authenticate themselves to the service provider. The way to do this at the moment is to come up with a username and password, and register an account with the provider. At the moment, there’s no way to verify the user’s identity. Anyone can create an account on platforms such as Facebook and use it to spread fake news and hatred, without fear of ever being identified and caught.
“One idea is to issue each citizen with a digital certificate by first verifying their identity. An organisation like your workplace, university or school knows your identity and is in a position to issue you with a certificate. If other organisations do the same for their members, we could put these certificates on a publicly accessible blockchain and create a global protected record of every Internet user’s identity”, believes Dr. Hitesh Tewari.
“Since there’d be a means for identifying users with their digital certificate, social media accounts could be linked to real people. A school could create social media groups which could only be accessed if a student had a certificate issued to them by the school, preventing the group being infiltrated by outsiders.”
Always remember passwords
Hitesh Tewari: “A user could ask for a one-time password (OTP) for Facebook by clicking an icon on their mobile phone. Facebook would then look up the user’s digital certificate on the blockchain and return an OTP to their phone. The OTP will be encrypted so that it cannot be seen by anyone else apart from the intended recipient. The user would then log into the service using their username and the OTP, thereby eliminating the need to remember passwords. The OTP changes with each login and is delivered encrypted to your phone, so it’s much more difficult to guess or steal a password.”
Voting with your phone
In many cases, people are too busy or too lazy to head to a polling station on voting days. An Internet-based voting system could change that. “Each candidate could be given a digital wallet and each eligible voter given a token. Voters cast their token into the wallet of their preferred candidate using their mobile phone. If the total number of tokens in the wallets is less than or equal to the number issued, then you have a valid poll and the candidate with the most tokens is declared the winner.”
No more personal data selling by tech companies
People use search engines every day, but this allows companies such as Google to gather trends, create profiles and sell this valuable information to marketing companies. “If Internet users were to use a digital currency to make a micropayment – perhaps one-hundredth of a cent – for each search query that they perform, there would be less incentive for a search company to sell their personal data. Even if someone performed a hundred search queries per day they would end up paying only one cent – a small price to pay for one’s privacy.”
Modex BCDB, a viable solution for all these cases
Our blockchain experts confirm that Modex BCDB (Blockhain Database) could be used in all the above-mentioned cases. Modex BCDB is a new take on blockchain technology which removes the need to invest resources in blockchain training and facilitates fast adoption of the technology in businesses. The solution proposed by Modex is a middleware which fuses a blockchain with a database to create a structure which is easy to use and understand by developers with no prior knowledge in blockchain development.
Hence, any developer who knows to work with a database system can operate with our solution, without needing to change their programming style or learn blockchain. Through our blockchain component, Modex BCDB is able to transform with minimal changes any type of database into a decentralized database which holds the same valuable characteristics inherent to blockchain technology: transparency, increased security, data immutability, and integrity.
Modex BCDB doesn’t work by deleting the existing database, or data entries. The database is maintained intact throughout the process, data integrity is ensured by calculating the metadata of the records and storing it on the blockchain. Moreover, the system does not restrict access to the blockchain or to the database, so when a developer needs to make a reporting or ETL transformations, they can always perform warehouse analytics by accessing the database directly.
This is because Modex BCDB has been purposely designed to be agnostic. With our solution, clients are able to set up a network, regardless of the type of database employed. In a consortium, each company can maintain what type of database they prefer (Oracle, Microsoft, IBM, Mongo DB), and connect them through a blockchain-powered network to ensure cohesion, availability while protecting corporate interests.
Blockchain company Modex is promoting the adoption of blockchain technology and strongly believes in a future built around blockchain. Modex offers fully integrated services designed to solve the last mile adoption problem of the blockchain and aims to make blockchain user-friendly for every single device or person.
At Modex, we can innovate thanks to our incredible team of experts and we offer services for the entire blockchain technology ecosystem: Marketplace for Smart Contracts, community tools for developers and blockchain as database services for enterprises. In over two years, using cutting-edge technologies and with a clear strategy, Modex has evolved from the world’s first app store for blockchain into a complex ecosystem designed for developers’ needs and enterprises looking for blockchain solutions. Our mission is to spread and facilitate the adoption of blockchain into society and to solve real-world problems using this revolutionary technology.