AWARD YEAR
2017
CATEGORY
Play & Learning
GOALS
Balance Human & Artificial Intelligence
KEYWORDS
data security , blockchain
COUNTRY
United States of America
DESIGNED BY
Cofounder and CTO: Muneeb Ali
Co-Founder & CEO: Ryan Shea
WEBSITE
https://blockstack.org/
Blockstack
One Startup’s Vision to Reinvent the Web for Better Privacy
We use the internet everyday, traveling from one website to the next, but most of us don’t know what happens to our data as we sign in and out of different sites.
Blockstack is a new decentralized Internet and developer platform for secure, server-less apps. Blockstack’s system would let you control your own personal data—for example, by revoking a site’s access to it.
It eliminates the middlemen and puts the power of the web back into user's own hands.
Blockstack’s vision is made possible by an identity system built to be independent of any one company, including the startup itself. It uses the digital ledger, or blockchain, underpinning the digital currency Bitcoin to track usernames and associated encryption keys that allow a person to control his or her data and identity. A collective of thousands of computers around the globe maintains the blockchain, and no one entity controls it.