We believe in a future where the rights you enjoy in the physical world extend to the digital world.
However, the rules of today’s web browsers and apps were written by the large internet companies responsible for violating our rights.
We’re building an app ecosystem that works for users, not against them, so that apps can’t be evil and your digital rights are protected.
Blockstack is a blockchain-based, decentralized internet platform where users completely own and control their data, and the network apps that may use the data are run locally on the user’s browser. A compatible browser is sufficient to access everything on Blockstack.
Imagine not having to upload data on an external site like Facebook or on an app like WhatsApp, and yet being able to share it with friends and other users.
Blockstack enables this by offering an all new internet platform, where all decentralized apps are run locally on the user’s browser, and users continue to own their data (text, images, videos, and files).
Using the power of blockchain, a Blockstack user gets digital keys to create their identity on the Blockstack network. User data can be stored locally or connected to his/her storage hosting providers, allowing the user to retain full control.
Sharing of content is achieved through a secure and encrypted medium. The Blockstack network supports tokens like bitcoin and other cryptocurrencies and are available for peer-to-peer transfer or charging for downloads, subscriptions, and more.
Blockstack is also in the preregistration stages of releasing their own token. Stacks (STX) token is the native utility token of the Blockstack network. Stacks tokens are consumed as “fuel” when users register digital assets, like usernames, or when they register/execute smart contracts. Using Stacks, developers can build and distribute apps that let users maintain ownership of their data and protect their digital rights.
This has promise and sounds like the beginning of a new direction for the way we use the internet!