The Internet of Value

Many people think that the terms Internet and World Wide Web, or just the Web, may be used interchangeably, but the two terms are not synonymous. The World Wide Web is the first application program that billions of people use on the internet, and it has changed their lives immeasurably.

Many people think that the terms Internet and World Wide Web, or just the Web, may be used interchangeably, but the two terms are not synonymous. The World Wide Web is the first application program that billions of people use on the internet, and it has changed their lives immeasurably.


However, the internet provides many other services. The Web is a global set of documents, images and other resources, logically interrelated by hyperlinks and referenced with Uniform Resource Identifiers (URIs) which are hosted on the internet (basically a global agglomeration of servers). URIs symbolically identify services, servers, and other databases, and the documents and resources that they can provide. Hypertext Transfer Protocol (HTTP) is the primary access protocol of the World Wide Web. Web services also use HTTP to allow software systems to communicate to share and exchange business logic and data.

Photo by Joshua Sortino on Unsplash
From Free Information

The Internet of Information

World Wide Web browser software, such as privacy-focused Brave and others such as Microsoft’s Internet Explorer/Edge, Mozilla Firefox, Opera, Apple’s Safari, and Google Chrome, lets users navigate from one web page to another via hyperlinks embedded in the documents.


Browser software and its adoption represented a huge leap forward. People from all over the world who could make use of the internet now could share information and communicate with each other, almost in real-time. Also, it had massive implications for commerce, finance and trade. Over a very short time-span, the rise of the internet has had an enormous impact on the lives of billions of people.


Think of all the applications which utilize the internet. Think about the daily lives of people around the world and about the apps we all use daily. For example, think about the impact e-mail had historically. First, it took at least five days to send a letter from Switzerland to South Africa, with the invention of e-mail this duration was instantly reduced to a mere couple of seconds. The services provided by the internet have propelled forward its rates of adoption.

Nevertheless, there are still billions of people globally who are unable to make use of this. There are many ways to estimate the value of the internet and the services it provides.


However, these are all based on current practices; they likely underestimate the long-term value of the internet. 

To Fair Value

The Internet of Value

It is now possible for everyone on the planet to have access to all the information humans have ever produced. The barriers to this Utopian dream are not technological but legal and economic (which might be addressed by blockchain technology). When we manage to solve these problems, we will be able to unlock vast pools of human potential that have until now been inaccessible. In the future, we will see this as a turning point in human history. It represents an economic advance generated by global access to all information. While at the same time sharing in the value created, the real value of the internet.

Blockchain and distributed ledger technology will have a dramatic impact on business and society. The impact by providing a secure, direct way of exchanging money, intellectual property and other rights and assets without the involvement of traditional intermediaries like banks, utility companies and governments. The underlying technology of blockchain might represent a second era of the internet or the Digital Age. For the last 40 years, we’ve had the internet of information. Now, with blockchain and distributed ledger technology, we’re getting the internet of value.

More Posts

Top Crypto Hardware Wallets 2020

Hardware wallets are not a new phenomenon in the tech industry. However, in the world of cryptocurrency, we consider hardware wallets to be amongst the most-secure cold storage solutions hand down. There is no doubt that hardware wallet growth has massively benefited from the rapid expansion of the crypto and blockchain spheres. Various hardware wallet manufacturers have been working overtime in the past years to create viable products to keep up with demand. As more people start to realise the potential of cryptocurrencies and proceed with buying their first crypto, they are also going to want to keep their crypto safe. Are you looking for a reliable hardware wallet for your crypto coins? Check out this comprehensive review for the best hardware wallets on the market today.

Become Your Own Central Bank

When you own cryptocurrencies, you store your assets in such a way that only you can access them, you have full control at any time, without counterparty risk. Banks usually keep a fraction of what is on their balance sheets as a reserve due to their business model of providing loans. Put plainly; banks can provide loans while maintaining very few funds on their balance sheet. This system is widely known as fractional reserve banking.

Upgrade Your Online Privacy & Security

In terms of online privacy and security, there are several things you should pay attention to when you are browsing the web. All of your online activity generates data. You have to realize that your data is extremely precious to third parties, especially in the connected and digital world we live today.

Not Your Keys; Not Your Crypto!

Centralized exchanges do not provide you with your private keys. Instead, they let you log-in with a well known username-password combination. Not owning your private keys implies that you do not truly own your assets. Instead, the exchanges are the “custodian” of your assets, and they hold your funds. Hardware wallets enable you to store your holdings while owning your private keys. This way, you can access your funds by yourself without the need of third parties.