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Internxt is creating a Better Decentralized Internet; ICO Next

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Internxt is changing the rules of the Internet; they are modifying the way the internet is organized, to make it significantly better. They have reimagined the cloud to help build a decentralized Internet.

Right now, the Internet is organized in a way that websites, files and so on are being hosted on servers owned by enterprises.

This brings a first issue to the table; privacy. Let’s face it. We all know how corporations make use of our personal data. Google is an information giant. It is in fact the biggest online advertising company. By decentralizing the cloud, however, your files will get split up into pieces, encrypted and spread into different servers, in a peer-to-peer basis. The internet would be owned by the people instead of corporations. People hosting these pieces of files would get paid by Internxt (with Internxt’s own cryptocurrency), and them nor Internxt would have access to these files (as these are encrypted and distributed).

With regards to security, the fact of having all whole files in one server makes it easier for hackers to gain access to those. If these files are decentralized, even if a hacker could bypass the security of one of the machines, he or she would only get an encrypted bit of a file. It’d basically be impossible to retrieve the whole file as the hacker wouldn’t know which servers to target for that task.

Internxt is solving these major flaws on the Internet by creating a completely decentralized cloud, that will on a first instance tackle websites, mobile apps and files, that are currently centralized. They are also working on improving competitor decentralized technologies to make sure they have the best tech out of all their competitors in this early stage industry.

Internxt was founded and is currently owned and managed by the young entrepreneur Fran Villalba Segarra. Fran had been working in the management of a big internet multinational. Additionally, he has created some smaller internet projects in the past, which he has sold. He is now dedicating all his funds, time and knowledge into Internxt, the biggest company he has ever started. There is also a whole team of developers working to make Internxt a reality. Internxt is expected to be launched in 2018, and they will be holding an ICO by the end of summer 2017.

We had a quick glance at Internxt’s whitepaper and it looks incredibly promising. We believe it might indeed become a very significant technology in a near future, and it will most likely be the ICO of the year (surpassing IPFS’ Filecoin ICO). For deeper information with regards to their technology, check out their site and stay tuned as they will publish their whitepaper and announce the exact date of their ICO within the next weeks!

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