RATE Group | Utopia looks to create a ‘self-regulating society’ with P2P ecosystem and mineable crypt…
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Utopia looks to create a ‘self-regulating society’ with P2P ecosystem and mineable crypt…

Utopia looks to create a ‘self-regulating society’ with P2P ecosystem and mineable crypt…

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The vitality of the Internet is such that any reference to Maslow’s hierarchy of needs, first published in 1943, today usually comes with a half-joking reference to Wi-Fi. Indeed, you would not be reading this piece now without it. Yet one particularly promising area for distributed ledger technologies (DLT) is around user and data privacy for Internet usage.

Meet Utopia. The product, which launches today from anonymous group of networking enthusiasts who call themselves The 1984 Group, is defined as an ecosystem based on a decentralized peer-to-peer (P2P) network. The group’s manifesto and mission are straightforward but strong. The statement ‘no-one can control the Internet’, writ large, is not a commentary but a threat. Governments, the group alleges, have been prepared to take unlawful and unethical steps to attain the goal of ‘complete information supremacy over the world.’

These governments, alongside hackers and marketing agencies, are in the group’s sights…

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