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Forums Forums Business Startups Own your data on the web – 3 startups are working on taking the web back from tech giants.

  • Own your data on the web – 3 startups are working on taking the web back from tech giants.

    updated 8 months, 1 week ago 0 Member · 1 Post
  • David

    October 27, 2019 at 2:32 pm

    I read this weekend that three startups are working on ways to empower consumers to own their data on the web. I found this pretty remarkable and decided to share it here. One is developing a protocol that makes your personal online data into a virtual USB memory stick. Your photos and other information can be shared and seen on a site of your choice, but will not be stored on that site’s servers. Another is working with blockchain, this startup is developing an overarching platform that would exist only as software on users’ devices, and information produced by users would only remain on their devices. The third is disassembling all the data underneath your data, such as a text message, so that only your message is communicated, not all the personal information that comes along with it. The aim of this technology is to prevent data-collection by big web companies. With all the antitrust activities and anti-big tech sentiments, these startups can get way more attention (and should get way more attention) if their technologies begin to show real impact. Do you think such disruptive companies can succeed against big tech? In the case of these three companies, the question is even more important because in their success these startups may significantly undermine the businesses of big tech. Will consumers, who are so used to big and often free tech, switch over them? And more importantly, do you think this is that big of an issue for the consumers to bother with? Said differently, is this a “problem” in the eyes of our average consumers? Please note that I not in anyway affiliated with these startups and only learned about them by reading the news. – by hq overview aaHBN – –

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