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Tech Teams Behind Project Liberty and Polkadot Join Forces to Advance Vision of Web3 that Empowers Users, Protects Privacy, and Unlocks Social Graph from Grip of Social Media Giants

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The technology teams behind Project Liberty and Polkadot have entered into a formal agreement to collaborate on the first implementation of the Decentralized Social Networking Protocol (DSNP). Frank McCourt, founder of Project Liberty, and Gavin Wood, founder of Polkadot and the Web3 Foundation, aim to evolve this groundbreaking, open-source internet protocol to become the core social layer of the next generation of the internet. This collaboration is rooted in a shared goal of building a more equitable, user-focused and socially aware web; and it represents a significant first step in enabling high-performance, low-cost decentralized social networking at the scale of billions of users.

“We are excited to work with Gavin and his colleagues to bring our shared vision of a healthier web into reality,” said Frank McCourt. “Not only are they pioneering innovators, but our values are aligned for how the internet should be restructured in a way that empowers users, benefits society and strengthens democracy.”

This work creates a foundation for a new digital era in which social network users will be able to own, control and benefit from their personal data.

“Web 3.0 needs a universally accessible social graph to be successful, as the Web 2.0 social giants currently have absolute control over what users can say or do on their platforms,” said Gavin Wood. “Project Liberty and the DSNP protocol present a clear path toward providing this crucial service. We are excited to work with partners who share our vision and values, and hope that others will join in our efforts to create a fairer foundation for the internet.”

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DSNP was developed to serve as a public utility and to provide a more equitable and inclusive infrastructure for the next generation of the web. It is an open-source protocol that establishes a shared social graph no longer dependent on a specific application or centralized platform, and is controlled and governed by its users. DSNP is a core part of Project Liberty, which seeks to accelerate the world’s transition to an open, inclusive data economy that shifts power from platforms to people.

“With nearly three years of development and a working implementation of DSNP, we are now ready to deploy social functionality as a core element of the internet itself,” said technologist Braxton Woodham, creator of DSNP. “Polkadot has a unique architecture that enables implementation of DSNP at scale, with economics that will support sustainable alternatives to today’s surveillance economy-driven business models.”

To hear more about the partnership, tune into a livestream panel, featuring Frank McCourt and Gavin Wood in a discussion moderated by Andy Serwer, Editor-in-Chief of Yahoo Finance, entitled “What Will It Take to Build a Better Web?” on Tuesday, May 24 at 2pm CET / 8am ET. The panel will be livestreamed on Polkadot’s YouTube channel and Twitter.

Blockchain

Bybit Invites Traders to Embark on a Token Treasure Hunt

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Bybit Invites Traders to Embark on a Token Treasure Hunt

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Blockchain

India Electronic Contract Services Market to Worth Over US$ 624.33 Million By 2033 | eSignature Demand Among Financial Institutes to Remain High Says Astute Analytica

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UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System

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The United Nations International Computing Center (UNICC) and ShelterZoom are pleased to announce a new innovative blockchain-based solution for controlling and protecting the digital data of UN entities and other international organizations. As the largest strategic partner for digital solutions and cybersecurity within the UN system, UNICC has partnered with ShelterZoom, a leading data and content protection and ownership SaaS company behind innovations such as Document Token® technology and Document GPS®.

Building upon the 50 years of experienced innovation from the UNICC, the two organizations collaborated on a transformational undertaking offering robust protection and promising increased productivity for document tracking and management. ShelterZoom will contribute its proprietary document tokenization technology, along with its data protection, document tracking and e-signature solutions to deliver a white-labeled platform, giving member organizations a greater level of governance over their content. Using ShelterZoom’s flagship proprietary Single Source Of Truth® technology, the solution provides a means for each file to be protected individually without changing user normal habits instead of having to rely solely on protecting files at the database level. This ‘singularity and control’ is a new era in cybersecurity and document management, which has never been seen before at this level of seamless integration with existing tools.

“The synergy between what we deliver and the goals of the United Nations are a perfect match for Single Source Of Truth,” said Chao Cheng-Shorland, CEO and Cofounder of ShelterZoom. “We have said from the beginning that it is time to think about cybersecurity in a completely new way and in doing so we have created a solution to address other operational pain points while simultaneously solving one of the biggest challenges facing the global population today. The UN is at the frontlines of changing the world for the better and its forward-thinking approach to using technology to address fundamental issues is critical in improving livelihoods for all.”

ShelterZoom solutions have already been in use across dozens of industries and with this new commercial partnership, they can now extend their usefulness to the UN family and other international organizations. The revolutionary method for complete document tracking with built-in productivity tools, such as digital signatures and a market-first method for organizing files inside email, is an all-in-one solution built for a global workforce. The Single Source of Truth model has the added benefit of decreasing the carbon footprint created by excessive digital waste, further supporting the sustainability goals of the United Nations.

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“The need for robust cybersecurity and data protection has never been greater,” said Sameer Chauhan, Director of UNICC. “By working together with ShelterZoom, we have developed a cutting-edge tool tailored to the needs of the UN family. Our unwavering commitment to providing best-in-class solutions ensures we continue to support the digital transformation and modernization of the UN system and other international organizations.”

The post UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System appeared first on News, Events, Advertising Options.

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