Most of today’s internet landscape is controlled by a countable few tech oligarchs such as Facebook, Tencent and Alibaba, according to Hongfei Da, the founder of blockchain platform Neo.
During the Unitize blockchain conference, Hongfei said that these companies have divided the internet into several fragments by creating their own data silos.
He raised concerns about how such companies intentionally use these data silos to impede competition while also abusing user privacy for both commercial and political purposes.
According to Hongfei, laying a new foundation for…
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