FFCON21 Breaking Barriers May 11-13, 2021

He Created the Web. Now He’s Out to Remake the Digital World.

The New York Times | | Jan 10, 2021

Tim berners lee - He Created the Web. Now He’s Out to Remake the Digital World.Tim Berners-Lee wants to put people in control of their personal data. He has technology and a start-up pursuing that goal. Can he succeed?

Three decades ago, Tim Berners-Lee devised simple yet powerful standards for locating, linking and presenting multimedia documents online. He set them free into the world, unleashing the World Wide Web.

Others became internet billionaires, while Mr. Berners-Lee became the steward of the technical norms intended to help the web flourish as an egalitarian tool of connection and information sharing.

See:  PwC Report: Canadian Digital Trust Insights 2021: Cybersecurity comes of age

But now, Mr. Berners-Lee, 65, believes the online world has gone astray. Too much power and too much personal data, he says, reside with the tech giants like Google and Facebook — “silos” is the generic term he favors, instead of referring to the companies by name. Fueled by vast troves of data, he says, they have become surveillance platforms and gatekeepers of innovation.

Regulators have voiced similar complaints. The big tech companies are facing tougher privacy rules in Europe and some American states, led by California. Google and Facebook have been hit with antitrust suits.

But Mr. Berners-Lee is taking a different approach: His answer to the problem is technology that gives individuals more power.

The goal, he said, is to move toward “the web that I originally wanted.”

“Pods,” personal online data stores, are a key technical ingredient to achieve that goal. The idea is that each person could control his or her own data — websites visited, credit card purchases, workout routines, music streamed — in an individual data safe, typically a sliver of server space.

Companies could gain access to a person’s data, with permission, through a secure link for a specific task like processing a loan application or delivering a personalized ad. They could link to and use personal information selectively, but not store it.

Mr. Berners-Lee’s vision of personal data sovereignty stands in sharp contrast to the harvest-and-hoard model of the big tech companies. But it has some echoes of the original web formula — a set of technology standards that developers can use to write programs and that entrepreneurs and companies can use to build businesses.

See:  Fintech & Cybersecurity: Key Risks and Solutions

He began an open-source software project, Solid, and later founded a company, Inrupt, with John Bruce, a veteran of five previous start-ups, to kick-start adoption.

“This is about making markets,” said Mr. Berners-Lee, who is Inrupt’s chief technology officer.

Inrupt introduced in November its server software for enterprises and government agencies. And the start-up is getting a handful of pilot projects underway in earnest this year, including ones with Britain’s National Health Service and with the government of Flanders, the Dutch-speaking region of Belgium.

Continue to the full article --> here

 


NCFA Jan 2018 resize - He Created the Web. Now He’s Out to Remake the Digital World. The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

Latest news - He Created the Web. Now He’s Out to Remake the Digital World.FF Logo 400 v3 - He Created the Web. Now He’s Out to Remake the Digital World.community social impact - He Created the Web. Now He’s Out to Remake the Digital World.

CONGRATULATIONS TO THE 2020 FINTECH DRAFT PITCHING AND DEMO COMPANY WINNERS!



FFCON20 Pitching and Demo Winners - He Created the Web. Now He’s Out to Remake the Digital World.



NCFA COVID 19 letter to government to support Fintechs and SMEs - He Created the Web. Now He’s Out to Remake the Digital World.

NCFA Newsletter subscribe600 - He Created the Web. Now He’s Out to Remake the Digital World.