• Image 01
  • Image 02
  • Image 03
  • Image 04
  • Image 05
  • Image 06
Need assistance? Contact Us: 1-800-255-5897

Menu

  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
Recent Quotes
View Full List
My Watchlist
Create Watchlist
Indicators
DJI
Nasdaq Composite
SPX
Gold
Crude Oil
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

Can Decentralization Give Internet Users More Privacy and Security?

By: Handshake via AccessWire
December 29, 2021 at 13:30 PM EST
ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

DALLAS, TX / ACCESSWIRE / December 29, 2021 / With over 50% of Internet users more concerned about online privacy in 2019 than they were in 2018, investing in technology designed to increase their security may be a solution. One company, Handshake.org, a decentralized naming and certificate authority, believes that decentralization will make the Internet secure, resistant to censorship and seizures, and owned by individuals instead of corporations. To that end, they have created technology they believe will change the Internet as we know it.

Centralization: One Potential Issue with the Internet

Handshake explains that the services of the Internet have become more centralized over the past twenty years, a development that contrasts with its original decentralized version. In the beginning, blogs were standardized and gradually became more complex on social media platforms. Email used to be relatively simple and has evolved into bigger names, like Google's Gmail. Centralization, then, has impacted the Internet and contributed to its differences today.

Handshake states that centralization itself was created in part out of a need to manage spam, griefing (intentionally interrupting a gamer's experience), and attacks by sockpuppets (phone names created as a cover for someone to argue with someone else online). Handshake believes, however, that because of centralization, users have had no personal choice in their content, the privacy of a user as well as their data has been at stake, and the online experience has been weakened by the "single point of failure" issue, meaning that if one part of the system has stopped working, everything else has failed, too. Handshake's leadership also says that the entire domain name industry has been controlled at the root by one authority.

Handshake believes that with its technology, it can change all of this.

What Might Decentralization Do for the Internet and Its Users?

A decentralized Internet, Handshake believes, could solve a need for potentially millions of people. The company explains that previous decentralized systems at times struggled with spam. The company's leadership thinks that its protocol will improve the Internet's resistance to spam and hackers as well as make it more costly for griefers to disrupt other gamers.

The key, Handshake says, is to provide a means, including management and server/service authentication, for decentralized web services to experiment, leading to a decentralized network that results in a global allocation of names. Those names should be NFTs with a real-world practical use case and cash flow. Think of the handles or usernames you use on services, such as social networks, and domain names identifying the URI for websites. Nearly all of these services were provided by third parties that prevent the web from being decentralized. Handshake states that by owning top-level domain names, you can avoid the necessity of renting a subdomain on someone else's top-level domain and preventing a single party from claiming all names.

Handshake intends to accomplish this by using a coin system to register top-level names. Participants can transfer, register, and update Internet names through the use of the Handshake coin (HNS). Additionally, the Handshake community will have the ability to initiate auctions and place bids for top-level domains using HNS or to trade their HNS, with a differing value per name.

It is technology that Handshake employees hope will result in a secure, private Internet.

What Is the Future of Internet Privacy?

A new era in which hacking, censorship, and corruption are less common in the online space would be welcomed by users of the Internet. As Handshake and other companies continue to innovate their own solutions to Internet security, perhaps decentralization will lead us to an Internet that is more secure and socially useful.

For more information about Handshake, please visit:

Website: https://handshake.org/
Twitter: https://twitter.com/hns

Johnny Wu, Namer Community Manager at Namebase
johnny@namebase.io

SOURCE: Handshake



View source version on accesswire.com:
https://www.accesswire.com/680079/Can-Decentralization-Give-Internet-Users-More-Privacy-and-Security

Report this content

If you believe this article contains misleading, harmful, or spam content, please let us know.

Report this article

More News

View More
News headline image
NextEra’s Dominion Deal Could Put It at the Center of the AI Power Race ↗
June 30, 2026
Via MarketBeat
Topics Artificial Intelligence
Tickers CEG D DUK NEE
News headline image
Amazon Could Be About to Reap the Rewards of a Software Spending Boom ↗
June 30, 2026
Via MarketBeat
Tickers AMZN MSFT
News headline image
Best Buy’s Turnaround Is Gaining Traction, But Wall Street Still Needs Proof ↗
June 30, 2026
Via MarketBeat
Tickers AAPL AMZN BBY COST WMT
News headline image
These 3 Dividend Stocks Could Boost Your Income This July ↗
June 30, 2026
Via MarketBeat
Topics Economy
Tickers CVX JNJ O
News headline image
AI Fears Hit Nebius Stock, But Has the Growth Thesis Changed? ↗
June 30, 2026
Via MarketBeat
Topics Artificial Intelligence
Tickers META MSFT NBIS

Recent Quotes

View More
Symbol Price Change (%)
AMZN  238.34
+0.00 (0.00%)
AAPL  289.36
+0.00 (0.00%)
AMD  580.91
+0.00 (0.00%)
BAC  56.98
+0.00 (0.00%)
GOOG  353.33
+0.00 (0.00%)
META  563.29
+0.00 (0.00%)
MSFT  373.02
+0.00 (0.00%)
NVDA  200.09
+0.00 (0.00%)
ORCL  146.55
+0.00 (0.00%)
TSLA  420.60
+0.00 (0.00%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.
© 2025 FinancialContent. All rights reserved.

Having difficulty making your payments? We're here to help! Call 1-800-255-5897

Copyright © 2019 Franklin Credit Management Corporation
All Rights Reserved
Contact Us | Privacy Policy | Terms of Use | Sitemap