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Blockstack created a blockchain-based browser

Blockstack created a blockchain-based browser

The American fintech startup Blockstack announced the launch of the Internet browser based on blockchain.

A decentralized browser uses several registers: bitcoin blockchain, Namecoin, Ethereum and Zcash. Developers aim to give users a safe access to websites. They say that the identification system is much better than a traditional one where the Internet profiles belong not to their owners but to the companies.

Blockstack representatives note that thanks to blockchain data will be saved in a decentralized system and won’t be used by the third party.

Apart from the browser, Blockstack produced their own token with a technology different from the traditional cryptocurrency ICO. Tokens are planned to be used as a payment means – for example, while paying for a domain name.

Developers consider both solutions (a browser and a token) to be the first step in creating the decentralized Internet.