compassion, collaboration & cooperation iN transistion
To Web 3.0 evangelists, this revolution is achieved via a fully “decentralized” internet built on blockchain. Needless to say, this is a departure from all of the existing constructs of the web. However, it’s not reasonable to expect everyone to throw away what they currently have and start over. After all, what we have is pretty good at a lot of things. We need to shift the paradigm, not overhaul it. Instead of a revolution, what we need is an evolution of the web as we know it, to enable the capabilities promised by Web 3.0: security, privacy, consent, user-centricity, interoperability, and more.
As currently considered, the Web 3.0 promise is missing something—namely, the logical next step toward a better internet. This logical next step has been provided by the originator of the web himself, Sir Tim Berners-Lee.
Blockchain is an impressive technology that can be highly useful in specific contexts. But it does not provide the end-to-end capabilities needed to serve as the foundation for the next evolutionary phase of the web. Achieving the full promise of Web 3.0 will require Solid technologies and standards that enable interoperability and fine-grained access control within a distributed and compliant system. These capabilities serve to engender trust as people gain visibility, transparency, and consent over their data.
Osmar Olivo is VP of product management at Inrupt.
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This Month in Solid is excited to be back with new updates on the Solid Community each month.
For those who may be new to the newsletter, Solid is a web standard that puts people in control of their data.
We’ll highlight interesting articles, developments, and Solid-based projects each month. We’re always looking for Solid Community input—if you have an item to add to the next edition of this newsletter, email email@example.com.
After a year of significant progress for Solid’s adoption around the world, we’re already seeing exciting developments in the Solid Community in 2023, such as new Solid apps and emerging partnerships.
You can also catch up on thoughtful discussions from last year: In November, Solid Mcr hosted their third event, where they welcomed SolidLab Flanders, VITO, Konsolidate and Digita, and welcomed back BBC Research & Development. The event included a two-part presentation on Solid-based initiatives, with an additional round table event with selected industry representatives exploring: The pros and cons of the current data architecture for society; the role of a decentralized data architecture; barriers to adoption; and the role of a UK-based Solid Community.
The collapse of Silicon Valley Bank is a turning point for tech by Kelli María Korducki • The Atlantic
"Last Friday, California regulators shut down Silicon Valley Bank—a prominent lender for start-ups and venture-capital firms—marking the largest American bank failure since the 2008 financial crisis. Two days later, the cryptocurrency-focused, New York–based Signature Bank was also seized by regulators. What happens next for the U.S. economy remains to be seen. But what is becoming apparent is that the promise of Silicon Valley is beginning to lose its luster.
It wasn’t so long ago that a job in Big Tech was among the most secure, lucrative, perk-filled options for ambitious young strivers. The past year has revealed instability, as tech giants have shed more than 100,000 jobs. But the bank collapse is applying pressure across all corners of the industry, suggesting that tech is far from being an indomitable force; very little about it feels as certain as it did even a few years ago. Silicon Valley may still see itself as the ultimate expression of American business, a factory of world-changing innovation, but in 2023, it just looks like a house of cards." Kelli María Korducki
Evidence enough I would most humbly suggest, that the crypto-blockchain gang are near on dead in the water & thank GOD that those who were responsible for the establishment of the original World Wide Web are in[DEED] in[RUPT]ing SOLID for a future WEB 3.0.