News on Medial

A new web3 network is being built right now that wants to end Big Tech’s control of your data

TechCrunchTechCrunch · 9m
A new web3 network is being built right now that wants to end Big Tech’s control of your data

A decentralized web network called web3 is being developed to challenge the control of Big Tech over user data. Many web3 advocates believe that the current web ecosystem, known as web2.0, is centralized and exploits user data for the benefit of a few companies. Edge and Node, a company supporting The Graph, a decentralized network organizing blockchain data, aims to create a censorship-resistant internet and empower users. Integrating AI with web3 is another goal, with the belief that data should not be controlled by a single entity, particularly in the AI space. The Graph plans to expand its data services, support developers, enhance network performance, and enable training of AI models in an open-source manner.

Comments

Download the medial app to read full posts, comements and news.