Building the New Internet

Computer scientist Muneeb Ali cofounded the open-source software startup Blockstack Labs with a vision for a different kind of Internet. “The first big problem with the Internet,” he says, “is that we blindly trust companies we don’t know. The second big problem—we don’t own our data.” Ali discusses how a new web, based on technology called the blockchain, takes away power from these companies and instead puts it where it belongs, with the people. “The new Internet has a concept of ownership. You can have your own username, your own storage space. And once that happens, communication can be between two individuals and there is no company in the middle,” he says. While the old Internet made us blindly trust these middlemen, the new Internet fixes that.

Transcript

1. NewYork Building the New Internet by Muneeb Ali
4. The Internet
5. The Internet
6. #1 Blind Trust We trust parties we don’t even know exist.
7. The Internet
8. #2 No Ownership Big companies, not users, own the data.
9. Don’t be evil. We want an open Internet.
10. Don’t be evil. We want an open Internet. Can’t
11. Gives power to the people. A new revolutionary tech called the blockchain.
12. Payments
13. Payments
14. How to use this new network? 91148ee24f1ee9a6f42c3dd64c2287781c8c57a6e8e929c8097e586d5322a3d
15. Payments —> Banks (Citibank) Internet —> Data Banks (Facebook)
16. 1990 1994 Web 2009 2016 Blockchain
18. The New Internet
20. The New Internet werner.id muneeb.id
21. In the real world, we have property rights.
22. The New Internet werner.id muneeb.id
23. Old Internet #1 Blind Trust #2 No Ownership
24. New Internet #1 Blind Trust #2 No Ownership
25. Power to the People!
26. NewYork Thank you Web - blockstack.org Twitter - @muneeb