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Web 3.0 innovation is essential for future of the internet

3 min reading

Businesses need a standard infrastructure that enables them to provide their offerings so the concept of decentralized internet can give users a legitimate alternative to the current system. 

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Increasingly the internet infrastructure is concentrated in a few large corporations, which puts the onus on them to show good stewardship of the internet, which perhaps not many are capable of doing. Even though many users are concerned about how their data is being used, there are few alternatives to the centralized solutions available today.

 Businesses need a standard infrastructure that enables them to provide their offerings so that the concept of decentralized internet can really get off the ground and give users a legitimate alternative to the current system. Just as Amazon Web Services (AWS) provides businesses with an application framework that allows them to build advanced applications for users, a blockchain solution is needed to help organizations in every industry gain insights into blockchain applications. Decentralized applications can be made available to users by making the previously expensive and time-consuming back end available, allowing them to go beyond the centralized internet that most people use today. 

In order to implement blockchain technology for real use cases, the next generation of technology must solve two problems: decentralizing the internet and creating a standard approach to implementing technology. 

Flux later arose to address both these concerns.

As stated by the team, “Flux is building the decentralized future of the Internet. It’s a magical constellation of talented and highly motivated people, an innovative and free spirit, and awesome blockchain technology.” – Flux core team. The team has now indicated they have over 2200 nodes ready to serve up all the decentralized applications of the next generation internet. 

 More insights of Flux 

In its current state, Flux consists of a native cryptocurrency called Flux, a cloud computing network called FluxNodes, a Linux-based operating system known as FluxOS, as well as a blockchain application suite entitled Zelcore. As a stand-alone, community-driven project, it offers diverse functionality without the need for venture capital. Together, the Flux approach can challenge existing centralized institutions in a given business segment with a decentralized alternative, similar to Satoshi Nakamoto’s original vision. Any dockerized app can run on the network, so development and deployment are relatively simple. A good example can be found in Kadena, the platform’s partnership company. The Kadena blockchain provides one of the fastest hybrid blockchain platforms globally and runs full nodes on the Flux network while simultaneously generating revenue for the Flux node and establishing Flux as the infrastructure platform for full node operations.

 The Flux DApp uses Infinity Contracts so each DApp has the functionality of a smart contract on Web 3.0. Therefore, each contract is infinitely scalable, can be written in any programming language, and can be integrated onto any blockchain

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The new DEFI platform enters the market! Earn passively - token sale 0.25 $

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