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The telecoms industry represents one of the most dynamic sectors in the world. Only 25 years ago 90% of all activities took place via telephone calls over fixed telephone lines. Now, within the broader ICT industry, telecoms is underpinning all of the new developments in relation to the digital, sharing and interconnected economies. It facilitates new social and economic developments in all sectors such as e-health, e-education, e-business, smart grids, smart cities, e-government, and so on. more
In World of Ends, Doc Searls and Dave Weinberger enumerate the Internet's three virtues: 1. No one owns it. 2. Everyone can use it. 3. Anyone can improve it. ... Online services and interactions are being held back by the lack of identity systems that have the same virtues as the Internet. This post describes what we can expect from an Internet for identity. more
This accreditation positions UD as the largest ICANN-accredited registrar in the Web3 space, allowing it to expand its offerings to include a broader range of generic top-level domains (gTLDs) and country code domains (ccTLDs). more
China's central bank is a step closer to becoming the world's first major monetary authority to issue its own digital tender. The People's Bank of China will conduct internal tests for the central bank's digital currency (CBDC) across four cities (Shenzhen, Suzhou, Xiong'An and Chengdu), according to a statement issued by the bank on Friday. more
From the humble beginnings of ARPANET to the birth of the internet as we know it today, domain registrars have been the silent architects of our online activity. Now, as we stand on the cusp of the Web3 revolution, domains are set to undergo yet another profound transformation. Internet innovations have given us a remarkable ability to connect, but now we are bouncing against the limits of this paradigm. more
As the world races towards digital transformation, the technologies we choose will have a lasting impact on our planet. Blockchain, NFTs, and other crypto assets have garnered much attention for their ability to securely and immutably store records. However, the environmental cost of maintaining these technologies is often overlooked. The energy consumption required to sustain blockchains, particularly those using Proof of Work (PoW), is enormous... more
Ever buy a used car only to realize later that you've purchased a lemon? That scenario occurs because of information asymmetry between the seller -- who knows the car is a lemon -- and the buyer who doesn't. Without transparency, the market assumed that any used car for sale is a lemon, so that drove down the price of good used cars. The good news is that thanks to the Internet, buyers now have access to data that can help them determine if a car is a lemon or a good buy. more
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