Blockchain Is The Only Practical Route To Privacy In The 21st Century

December

8

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When we talk about privacy, some people think of the word censorship resistance. Both of the words are related, but they have completely different from one another. If the government or another organisation, like a business advertising, can monitor everything you do, they may also punish you for misbehaviour.

It could be time to move quickly to ensure that seismic breaches in Web2 aren’t repeated in Web3. This would be preferable to going back and trying to patch up Web2 flaws with duct tape.

The so-called internet of the future may really safeguard our private information and stop aggressive or oppressive filtering by taking preemptive measures before these problems get out of control.

Crypto Is Used To Send a Message
Suppressing open communication and free expression in nations battling for civil liberties and human rights makes it harder to overthrow repressive governments. Here, blockchain technology’s transparency and encryption features can help to secure sensitive data.

File-sharing platforms like the InterPlanetary File System and Web3-based email extensions like ShelterZoom’s Document GPS may be able to assist activists and civilians in hotspots for human rights in avoiding censorship and unauthorised surveillance.

When files are placed on a ledger, the sender has complete control over visibility and permissions and has access to a time-stamped record of all actions involving the file. Imagine it like Google Docs or DocuSign on steroids.

It’s simple to understand how these blockchain-based solutions are essential in a system with strict monitoring and censorship laws. Blockchain is also used in these sorts of solutions to overcome the censorship blind spots in cryptocurrency.

Contrary to popular belief, transactions are recorded on a distributed ledger that is open and public, dispelling the myth that cryptocurrency is intrinsically private. Because of this, they can be tracked even more precisely than conventional financial transactions.

The truck convoy blockade in Canada, which accepted donations in Bitcoin BTC, which were readily traceable and sanctioned, learnt this lesson the hard way.

Crypto is significantly more transparent than traditional finance, according to Michael Gronager, CEO of blockchain data company Chainalysis. And we follow the funds.

Why, Then, Is Crypto Known For Being Censorship-resistant?
The decentralised ledger, which is very hard to gain control of and makes transactions unchangeable once they are recorded, is part of the solution.

Tomi, a producer of Web3-based decentralised solutions and assisted-computing hardware, is one network trying to provide total anonymity.

With the help of 72 coders and eight anonymous senior crypto veterans, Tomi is creating TomiNet to enable the unrestricted exchange of information between journalists, activists, and generally law-abiding citizens.

While the anonymity features of TomiNet are comparable to those of the dark web, the network is controlled by the Tomi community via a decentralised autonomous organisation (DAO) to ward off undesirable or harmful activity.

Simple yet effective violence-reduction mechanisms are still provided while keeping governments and businesses out. The time has come for Web3 to stand up, but this time with more vigour and clarity than before.

About the author, Awais Rasheed

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