Blockstack – A New Internet

The founders of our portfolio company Blockstack are ambitious.

What they have built and are announcing today is effectively a new Internet, powered by the blockchain.

This is what the Blockstack team is after:

A new internet needs to have security and safety as a core of its DNA. Applications and services cannot be owned and controlled by remote third-parties. We can build a digital world of truly peer-to-peer internet utilities not maintained by corporations, but collectively, by the people. We can build a digital world that encodes property rights, where we can own our data, and where the people are powerful.

Here is their blog post announcing the Blockstack Browser.

And here is my partner Albert’s blog post on the USV blog explaining why this is important.