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Wednesday, July 8, 2015

A New Approach to Preventing Loss of Data

Alexandria Uses Block Chain to preserve World's Knowledge (+video)

The premise behind tech start-up Blocktech's Alexandria project is pretty simple: the Library of Alexandria wouldn't have been destroyed had there been a back-up unless the back-ups had been destroyed too.

P.H. Madore | July 4, 2015

Alexandria is a system for publishing despite censorship or cyber attacks. An Alexandria implementation has three main components, but Bitcoin comes in to serve optional audience-to-publisher payments. For actual transmission of files, which can be various types of content, the peer-to-peer file-sharing software BitTorrent has been utilized. Florincoin made some advancements in block chain technology such that its block chain serves the purpose of tying all this together, creating a publishing ledger with a payment layer. It also makes use of IPFS, the revolutionary file sharing protocol that could replace the Internet as we know it.

Blueprint for a New Economy

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