The Real Business of Blockchain

This video outlines 5 core elements of blockchain that support a ledger as well as the future of blockchain with artificial intelligence and integration with the Internet of Things.

  • Distribution
  • Encryption
  • Immutability
  • Tokenization
  • Decentralization

The Decentralized Web Is Coming

Google handles 88 percent of search traffic in the United States. Facebook has more than 2.4 billion active monthly users worldwide. Half of all U.S. online retail is projected to go through Amazon by 2021.

Both Democrats and Republicans have called for breaking up the tech giants, holding them legally liable for what others say on their platforms, and imposing new regulations that would stop them from misusing their customers’ personal information. But there’s also a growing movement, which includes some of the web’s early pioneers, to come up with technological ways to counter Facebook, Amazon, Twitter, and Google.

The goal is to build a better, more decentralized web. “There are so many different possible ways of decentralizing the internet, and what’s lacking is the legal right to interoperate and the legal support to stop dirty tricks from preventing you from exercising that legal right,” says Cory Doctorow, a science fiction author and tech journalist who’s been thinking and writing about the web since Tim Berners-Lee introduced it to the public in the early 1990s. Berners-Lee and other web pioneers intended for their creation to be decentralized and open-source. “The cyber-utopian view was not merely that seizing the means of information would make you free, but that failing to do so would put you in perpetual chains,” says Doctorow.

There are many theories about why the web became centralized. Doctorow largely blames the abuse of intellectual property law to defeat the decentralized “free software” movement championed by the programmer and activist Richard Stallman. Stallman helped create the popular open-source operating system Linux after freely modifying Unix, Bell Labs’ proprietary system. But the Digital Millennium Copyright Act, passed in 1998, became an impediment to the open and permissionless approach to software development. The law was intended to prevent duplication of copryrighted works and was eventually applied to all software. Breaking “digital locks” to learn from, interact with, and improve upon the code of dominant web platforms became a federal crime. It’s standard practice for today’s tech companies to shield their proprietary code from would-be competitors by wielding the power of an increasingly expansive intellectual property regime. “And so this thicket of exclusive rights around products that can be invoked to prevent new entrants for making add-ons, compatible products, or even competing products is a really important change in the landscape,” says Doctorow. “One that has made it very hard for new entrants to emerge and I think is in large part responsible for the concentration in the industry.” Despite these legal and political challenges, innovators are attempting to create new decentralized ecosystems of web services.

Decentralized AI | Ben Goertzel

Dr. Ben Goertzel is the CEO of the decentralized AI network SingularityNET, a blockchain-based AI platform company, and the Chief Scientist of Hanson Robotics. Dr. Goertzel is one of the world’s foremost experts in Artificial General Intelligence, a subfield of AI oriented toward creating thinking machines with general cognitive capability at the human level and beyond He has published 20 scientific books and 140+ scientific research papers, and is the main architect and designer of the OpenCog system and associated design for human-level general intelligence. Dr. Ben Goertzel is the CEO of the decentralized AI network SingularityNET, a blockchain-based AI platform company, and the Chief Scientist of Hanson Robotics. Dr. Goertzel is one of the world’s foremost experts in Artificial General Intelligence, a subfield of AI oriented toward creating thinking machines with general cognitive capability at the human level and beyond He has published 20 scientific books and 140+ scientific research papers, and is the main architect and designer of the OpenCog system and associated design for human-level general intelligence.

Futurist Conference Panel Discussion: The Future of AI & Blockchain

Ben Goertzel speaks about AI governance and control. He says “Whoever controls the AI, whoever owns the AI, controls and owns the world.” He goes on to say that it could be controlled by a few corporations or by the people via decentralization through blockchain. He also discusses that decentralized AI needs to be cheaper, smarter and more efficient than centralized systems.

Toufi Saliba speaks about how the promise of blockchain reduces the friction of business transactions and interactions while increasing security of AI with the intention of empowering indiividuals and the majority of the world, vs a few owners.

Chantel Costa speaks about the dichotomy of AI becoming centralized to a few entities vs being of available and accessible to the general public. Blockchain provides more transparency in AI by providing a transparent audit trail. She advocates that Google, Microsoft, Amazon, and Apple should not lead the way.

IPFS: Interplanetary file storage

InterPlanetary File System (IPFS) is a protocol and network designed to create a content-addressable, peer-to-peer method of storing and sharing hypermedia in a distributed file system.

Similar to a torrent, IPFS allows users to not only receive but host content. As opposed to a centrally located server IPFS is built around a decentralized system of user-operators who hold a portion of the overall data, creating a resilient system of file storage and sharing.

IPFS is a peer-to-peer distributed file system that seeks to connect all computing devices with the same system of files. IPFS could be seen as a single BitTorrent swarm, exchanging objects within one Git repository. In other words, IPFS provides a high-throughput, [failed verification] content-addressed block storage model, with content-addressed hyperlinks.