Could blockchain fix broken Internet?

A day doesn’t pass that I don’t see half a dozen articles about some new use for distributed ledger technology (Blockchain). Some interesting ideas in a short piece from Fortune:

“If we were to design the Internet all over again, it’s a good bet we wouldn’t build what we have today: A giant advertising oligopoly where consumers trade privacy for free services, and which is so insecure that hackers and criminals run wild.”

One idea for ‘fixing’ the Internet comes from a company called Blockstack:

“Blockstack is building a new type of Internet browser using the distributed ledger software known as blockchain. The idea is that people will no longer have to supply log-in information to the likes of Facebook and Google to interact with others on the web. Instead, they’ll keep control of their identity by using blockchain’s authentication features.”

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