Web3 Without Compromise: 1iO CEO Wants To Put Data Back In Users’ Hands
At last week’s Benzinga Future of Digital Assets conference, a spotlight shone on the future of Web3 technologies and their potential to reshape data ownership and privacy. Markus Kuhnert, founder and CEO of 1iO, shared his vision for a decentralized internet that empowers users by eliminating intermediaries and granting individuals full control over their data.
Moving Beyond Centralized Systems
Kuhnert criticized the reliance on centralized systems by today’s major tech companies, arguing that these systems exploit user data for profit and influence. “If you use a messenger like WhatsApp, all the data is sent to a central server, which a big tech company owns. They tell you they can’t look into the data, but who believes that?” he said.
Instead, Kuhnert emphasized the potential of decentralized peer-to-peer systems, allowing users …
About The Author
