[kictanet] Fwd: Hope for the Broken Internet

[Noah]

Ali

Interesting article. There is an ongoing tutorial today at the AIS on
bitcoin/blockchains and few folks are in attendance.

Noah

On 27 May 2017 9:49 p.m., "Ali Hussein via kictanet" <
kictanet at lists.kictanet.or.ke> wrote:

> Listers
>
> I'm posting below an interest article by Jeff John Roberts of Fortune
> Magazine. It is interesting because it talks of a broken internet and how
> the Blockchain offers potentially a solution to fix it.
>
> See email thread below.
>
> *Ali Hussein*
> *Principal*
> *Hussein & Associates*
> +254 0713 601113 <+254%20713%20601113>
>
> Twitter: @AliHKassim
>
> Skype: abu-jomo
>
> LinkedIn: http://ke.linkedin.com/in/alihkassim
>
> "We are what we repeatedly do. Excellence, therefore, is not an act but a
> habit."  ~ Aristotle
>
>
> Sent from my iPad
>
> Begin forwarded message:
>
> *From:* "FORTUNE Data Sheet" <fortune at email.fortune.com>
> *Date:* 27 May 2017 at 7:15:05 PM EAT
> *To:* <ali at hussein.me.ke>
> *Subject:* *Hope for the Broken Internet*
> *Reply-To:* "Fortune" <reply-fece17787666047c-20_HTML-56937916-7213333-11@
> email.fortune.com>
>
>
> [image: twitter share]
> <https://click.email.fortune.com/?qs=c0bbfbcfd16edeed18014a9ff0dc97da65bd88f5912235d440f0dc12d4d00a15ff1ab0cdc880157cf37c22750964cba6cd8adcfaafb9f72b>
> [image: facebook share]
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> FOLLOW
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> subscribe
> <https://click.email.fortune.com/?qs=c0bbfbcfd16edeed9ec534db04b5ba087bb9a665368a17b51cc4caf0d685c385a1d46a7ceb7a6ef1bb6056e90010e7263a27e36f44a02fee>
> ANON TIP
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> May 27, 2017
>
> 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.
>
> But path dependency
> <https://click.email.fortune.com/?qs=c0bbfbcfd16edeed496f08b532e585d3de868450fda9b2ad6e387dc2555f59fb4aa092783bf2dc51bb89e0b93a47cd8bbee799a930eabc89>
> is a powerful thing, and so replacing the Internet we know with something
> else is very hard. That doesn’t mean, though, people aren’t trying.
>
> There are big ideas in the air these days, including those shared this
> week at the bitcoin-blockchain extravaganza known as Consensus
> <https://click.email.fortune.com/?qs=c0bbfbcfd16edeed762a66947078994d7d0ce2720f921e03619c4a7cef1dacc6d2fd5a8550dc6bda645b4ace4a068e1dbb9921cedf0990a7>.
> The three-day event in New York City revealed some radical technology to
> change how we interact with the Internet.
>
> The most ambitious announcement came from a company called Blockstack,
> which is building a new type
> <https://click.email.fortune.com/?qs=c0bbfbcfd16edeede1aa4736f440f9515bbdd704f2eb9059a98d818d75dbc3c153c1b74f9e49018221fcac3a63c40bee1dc5b63f7dae4063>
> of Internet browser using the distributed ledger software known as
> blockchain
> <https://click.email.fortune.com/?qs=c0bbfbcfd16edeed3034bc7a6286f9bb93dc56f0c4f8ce75cf100554047d4c5239c093fc02eaae1e6cf38f9b80150a952b5d0d3b03f73e43>.
> The idea is that people will no longer have to supply log-in information to
> the likes of Facebook and Google
> <https://click.email.fortune.com/?qs=c0bbfbcfd16edeedb21853c495dfa98527e4bc1077a29050b9b03914705d3b43d48b96c9e9c2d54090fda3a0ebaeb710ba64cc78466b32c9>
> to interact with others on the web. Instead, they’ll keep control of their
> identity by using blockchain’s authentication features.
>
> If all this sounds pie-in-the-sky, don’t write it off too quickly. I spoke
> with executives from major companies who are all making the same case that
> “identity” is the biggest problem with the Internet right now, and hinted
> they’re set to unveil blockchain-based solutions of their own. Look for
> announcements this summer.
>
> Meanwhile, at the Cyber Investing Summit
> <https://click.email.fortune.com/?qs=c0bbfbcfd16edeedbea7f0ebd7ec32285220550e707040d241276a1bf2f44780aeb2ab8b96afa996076463590f662917c292af62038281cf>,
> where *Fortune’s* Robert Hackett and I hosted panels this week, there was
> a feeling the tide is starting to turn against hackers. The arrival of new
> biometric and network technology, combined with the rise of cybersecurity
> focused investors like Strategic Cyber Ventures
> <https://click.email.fortune.com/?qs=c0bbfbcfd16edeedae87cecf2e36da0ff662bd0e13f3588ee3cd2faa9b96cbe048fae3734e0fc58d3a567fcc710b27f5ec743618d1e7a16b>,
> mean Internet security is improving rapidly.
>
> Finally, the HyperLedger Project—a relatively new non-profit group that
> focuses on blockchain—is growing quickly, and getting support
> <https://click.email.fortune.com/?qs=ad94ddb1ba9f9a404956633b6f30d92e5fea162212d8e28fd4172e0254def3dcb445b48760d9f8efed0bfc4d533c4bc11b8b2eaeaeb497cd>
> from everyone from big banks to IBM
> <https://click.email.fortune.com/?qs=ad94ddb1ba9f9a400cce577d4d63e1e07392c4eecd0e7101a0adb5fcf0827457388abecc99bdda2495216f63893a7c624d7728ba9f11e143>
> to independent developers. If the project succeeds, the result will be a
> governing body to make blockchain technology secure and easy to use for
> everyone. In the long term, it could mean we’ll all be using a
> blockchain-based Internet that is superior to the broken web we use today.
>
> Yes, all this feels far off. But as tech writer Walt Mossberg observed in
> a farewell
> <https://click.email.fortune.com/?qs=ad94ddb1ba9f9a405dce94dd9dda91d8c2494db7409e6704183d62446c7f43921ec8ea948baa14ce821d78b72583bb79f90843982c04f1ab>column
> titled “The Disappearing Computer,” we’re in a transition period, and
> waiting as companies create subtle new types of software that are
> “simultaneously more intelligent and more secure.” The future, as it always
> does, will arrive.
>
> And speaking of big ideas, *Fortune* just announced
> <https://click.email.fortune.com/?qs=ad94ddb1ba9f9a40981d40d4014213bfc465859f1389c3f0b5a6f85fdce63a8ba19fa3b595b293fc1860c65d74845932167e337277b04a12>
> a few of the names, including former NSA director Keith Alexander and
> Target
> <https://click.email.fortune.com/?qs=ad94ddb1ba9f9a403acddc938008c2184ce5a204a6982ec4bc58f8c3f784c647a63dd08cf4d8924809a3a3196f776136d649eaa0d1d9a4d7>
> CEO Brian Cornell, who will be attending Brainstorm Tech in Aspen this
> July. It’s going to be amazing. Come join us.
>
> Jeff John Roberts
>
> @jeffjohnroberts
>
> jeff.roberts at fortune.com
>
> *Welcome to the Cyber Saturday edition of Data Sheet, *Fortune’*s* *daily
> tech newsletter. **You may reach Robert Hackett via Twitter
> <https://click.email.fortune.com/?qs=ad94ddb1ba9f9a403c42444bbf50a296a9116c359c1db40457ab05383d89a71a039da8a46f5b6e40f8ef7af56fe078965009baa3135eaa9a>,
> Cryptocat
> <https://click.email.fortune.com/?qs=ad94ddb1ba9f9a401d0b06b068274b0084657be0be62002cf91c7a95cdf8ba29f6f59b1f17b7da89ba4f5841dec47cb74e00308d87bcfcd1>,
> Jabber
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> (see OTR fingerprint on my about.me
> <https://click.email.fortune.com/?qs=ad94ddb1ba9f9a40aa347f9ca2749492c08daa2c44b3a4f30476d7cec385122257f84cdef09bc3c5f17bd87014f12b8a23390d4c851d6b74>),
> PGP encrypted email (see public key on my Keybase.io
> <https://click.email.fortune.com/?qs=ad94ddb1ba9f9a4008e4f390755d3b7a95a21b88327bbe2c4d39d3de2c2b33ceebfa1b1cda8636961f838040d05b031ff7151ba1b62dd45e>),
> Wickr
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> Signal
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> or however you (securely) prefer. **Feedback welcome.*
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> <http://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/8484/fort/newsletter_fortunedatasheet&sz=300x250&t=pos%3D1%26tile%3D1%26day=sat&c=38320156937916>
> .
> THREATS
>
> *All's Fair in Love and Cyber War*: The havoc wrecked by the Shadow
> Brokers, who are a Russian backed hacking group, includes a new form of
> collateral damage: the privacy of NSA hackers. Whereas there was once a
> gentlemen's agreement among cyber-spooks not to expose each others'
> identity, that custom has reportedly fallen by the wayside. Some say the
> U.S. started the trend of outing state-sponsored hackers when it published
> the name of five Chinese military hackers. (*Wall Street Journal*
> <https://click.email.fortune.com/?qs=ad94ddb1ba9f9a408729abde710866367b8df47a1c4862f740a1622e837266e5863be9f9c1af60af71ddb5572ea9b945881f914cb841d8fd>
> )
>
> *Tanium Raises $100M*: The California-based unicorn, which has long been
> a darling of the cybersecurity set, announced a surprise $100 million
> funding round, which will see investors receive existing common stock. The
> round means Tanium can push off an anticipated IPO while providing
> liquidity for early employees. As for the series of recent PR incidents
> that raised question about its corporate culture, Tanium's CEO told
> *Fortune* the company is mission driven and "not that cuddly." (*Fortune*
> <https://click.email.fortune.com/?qs=ad94ddb1ba9f9a40b761d82a760d64a7e174b1ba55aa7cd1b64e23af0c1cfa69af7254a6f4056b290feb15447e751ff4e335147b2363d66f>
> )
>
> *The Spies in Your Home*: What do a doll, a popular brand of headphones
> and a sex toy all have in common? The manufacturers of all those items are
> targets of lawsuits that accuse them of using apps to record customer
> behavior without permission. The "stuff that spies on you" problem is
> driven in part by companies' thirst for data and consumers' apparent
> willingness to add an app to just about anything. (*Fortune*
> <https://click.email.fortune.com/?qs=ad94ddb1ba9f9a403fc7994bdd1b83c6e250b058201824be8db071d44cc7c380e532082ad6a999c047545a19531fed20e2b44a14435fac78>
> )
>
> *Why Cameras Are Compromised:* Digital camera makers have a lousy
> reputation when it comes to security, failing to provide basic encryption
> to help photographers protect their files. The lack of security also leads
> to cameras being conscripted into bot-net armies. A report suggest the
> problem is less to do with technology than with an industry culture that
> clings to the past. (*Financial Times*
> <https://click.email.fortune.com/?qs=ad94ddb1ba9f9a40b09ee6807c8c29d6bdcfb8141ad6edf02faef5bc02cf469c0c32419936b78deef99901cb7cc94a1db5264eff72993f7e>
> )
>
> Oh, and the threat
> <https://click.email.fortune.com/?qs=ad94ddb1ba9f9a403dbb0b84645c2fd76dccd8df7519524409869d490dc9f8b42ee096bcf77ddf00eef32f9b7cafe97a1967689537783c2a>by
> hackers who say they stole Pirates of the Caribbean sounds pretty hollow
> <https://click.email.fortune.com/?qs=ad94ddb1ba9f9a408b5d71f9919266749b934f2f49f57f3436e927ed5f1198a1b55080fae5d84c05c074c6d71a179adddce3eafba8532037>.
> Disney's bigger worry is those crummy reviews
> <https://click.email.fortune.com/?qs=ad94ddb1ba9f9a409229497ff29945584913a452f480912d39676bece231e3b17cd0e070389778ee5c27ac4b484c9646bdee10aa57766e52>
> .
>
>
> *Share today's Data Sheet with a friend: *http://fortune.com/newsletter/
> datasheet/
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>
> *Looking for previous Data Sheets? Click here
> <https://click.email.fortune.com/?qs=ad94ddb1ba9f9a404d873e569e7cea5e27288dfdc32a205ee1fa77c3706853195bc6fe1be242f6bfd5797427725be734fa38f7156400c7a1>.*
> .
> ACCESS GRANTED
>
> *Fortune's Robert Hackett looks at the hottest topic in blockchain finance
> these days: so-called ICOs which offer an easy and secure way for companies
> to raise money. A messaging service's decision to have an ICO suggests the
> phenomenon is going mainstream. *
>
> Kik plans to debut its own cryptocurrency called "Kin" later this summer.
> The Waterloo, Ontario-based company is planning a crowdsourced initial
> coin offering
> <https://click.email.fortune.com/?qs=ad94ddb1ba9f9a40da3feeada1437b77430078bb6dc527d2d3e4b923fdd78187155acbd66c78a04bc69d82363cb8b7239ee82fbb6bea19a8>
> or ICO
> <https://click.email.fortune.com/?qs=ad94ddb1ba9f9a4002abca0e5fe510d4e7a5511b4421f7244db0d22778aef4504623cfee6b3c6386a987b153285ca2d37494b58d1ca096ae>,
> which lets startups mint their own digital money, raise funds outside the
> traditional venture capital world, and develop their own miniature
> economies. The exact date has yet to be determined. *Read more on
> Fortune.com
> <https://click.email.fortune.com/?qs=ad94ddb1ba9f9a403bbc911fa1ce507d1a0e36f28d62f7409dfa960bb4f06a306aee3ab191516570fce521ce4adf3d9856a5e4464ae74c31>.*
> .
> FORTUNE RECON
>
> Blackchain's Chasm of Death — and Who Makes it Out
> <https://click.email.fortune.com/?qs=ad94ddb1ba9f9a40440fb20c7d9ea75c44c890c144931511a0104ea9c4d968828b0b676e6e57db2b363134e82c475b01de91e5cbcf364af7>by
> Jeff John Roberts
>
> Apple Reveals National Security Requests are Soaring
> <https://click.email.fortune.com/?qs=ad94ddb1ba9f9a40d0668ab865c7544ed06002bc7b07d871f2ae966049ab643e327ea8a991ee0eeeae94873a4d54f3325832481ac4b2176e> *by
> Don Reisinger*
>
>  Intel and Big Banks Put $100M into Fin-Tech Firm R3
> <https://click.email.fortune.com/?qs=ad94ddb1ba9f9a405f26876d29f313879ee83e8d92d83daf6eb5f3d4e25fa6dad324622fa16e88c81353866c51b83e682692bc11ebe7165f> *by
> Robert Hackett*
>
> White House Proposal Would Let Police Track and Destroy Drones
> <https://click.email.fortune.com/?qs=ad94ddb1ba9f9a4091af73131a2ddd1c8eac74e3a80a077725ce0682a1547295c487c92e2bedb5e871c0f4e3c20bd96079342257dec0b598> *by
> Barb Darrow*
>
> Cloudflare's Quest to Kill a Patent Troll Gains Steam
> <https://click.email.fortune.com/?qs=ad94ddb1ba9f9a40d0fc10c44155b3167e379e880381a12ecdcdc9b1d1cabab889c62fb792728867f80e366756140a6e3a859a398fa775f5> *by
> Jeff John Roberts*
> .
>
> <http://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/8484/fort/newsletter_fortunedatasheet&sz=300x250&t=pos%3D2%26tile%3D2%26day=sat&c=38320156937916>
> .
> ONE MORE THING
>
> *The Thanks You Get for Saving the Internet.* This was not journalism's
> finest moment. The media, led by Britain's infamous tabloid press, decided
> to repay the anonymous 22-year-old hero who stopped the WannaCry attacks by
> doxing him and staking out his house. This was not just a jerk move—it also
> made it harder for the security researcher to do his job.  (*USA Today*
> <https://click.email.fortune.com/?qs=ad94ddb1ba9f9a4087e3838d35761247b35b1b0cffb7ac22360151b76c45394bd81fbb1c538f85cd76137211a4059db8f9008c546980a658>
> )
> .
> EMAIL Robert Hackett <robert.hackett at fortune.com>
> subscribe
> <https://click.email.fortune.com/?qs=c0bbfbcfd16edeed9ec534db04b5ba087bb9a665368a17b51cc4caf0d685c385a1d46a7ceb7a6ef1bb6056e90010e7263a27e36f44a02fee>
> share: [image: TW]
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