BLOCKSTACK TODAY: 5 APPS ALREADY BEING BUILT ON THE DECENTRALIZED WEB

         BLOCKSTACK TODAY: 5 APPS ALREADY BEING BUILT ON THE DECENTRALIZED WEB                

                                       

 Blockchain architecture startup Blockstack has a vision for a truly free and open internet.

It’s a vision built on the idea that users shouldn't get locked into a particular application, but instead be able to choose from a myriad of applications without sacrificing control.

Co-founder Muneeb Ali recently discussed how major internet players wield too much power over users, and this is exactly what Blockstack was created to disrupt.

While the vision sounds rather utopian, the company has been able to convince developers that building decentralized applications on its platform can solve the problems – namely the liability of holding huge troves of customer data vulnerable to hacks – inherent in traditional digital services.

Patrick Stanley, growth partner at Blockstack, told CoinDesk:

“Apps are being developed at a much quicker rate than we had thought. We’ve already got over 200 applications for building apps on this platform so the interest is there to build these applications and, especially, to get funding for them."

Stanley said this is partly due to the platform's ability to allow developers to move between different blockchains, but it also has a lot to do with the infrastructure –from security mechanisms to a forthcoming payments plug-in – the company has built to allow developers to focus on their core business.

Another part of the equation is Blockstack's recent efforts to try and seed entrepreneurs with capital to build.