“Massive Internet”: How does blockchain technology improve the experience of Internet services such as Uber?

Luis Fernando Molina, founder and CEO of Fermat.org, released a white paper on “Mass Connectivity”, a concept that offers an innovative way for content creators to gain greater control over the copyright of their content.

Fermat.org is a platform that supports decentralized applications, enabling users to connect directly with each other without any middlemen.

Evolution from socialization to P2P

The platform already has more than 60 full-time content contributors around the world, who are connected to each other through technology similar to bitcoin transactions on the blockchain.

Molina said Fermat will give users more control over their personal data and give them more privacy than file-sharing service Bittorrent because it uses a so-called "device-device" network, through which "we will see a leap from social to P2P."

The platform enables modular production of apps, which ensures that developers cannot copy other people's products. At the same time, "white label" licensable content products in the Fermat system can be created, packaged, branded and sold by other companies.

So, if one developer creates an app, and another developer wants to incorporate that app into his or her own app, all they have to do is pay a small fee to the original developer.

Copyright protection and digitized assets

Another significance of this system is that it can strengthen copyright protection. Authors or journalists can publish works in the blockchain, and the platform can automatically handle copyright transactions and sales. At the same time, readers can obtain the right to read through small payments in Bitcoin.

Molina explained:

"Laura is a journalist and she may write a blog frequently, but it is difficult to prevent others from republishing her content elsewhere without permission or even attribution. Therefore, we are building a platform where you can publish your own content and use it as your own digital asset. In our system, digital assets mainly have three elements: one is mass media, such as a photo, a video, a song, an article or an e-book. The second element is the electronic contract, terms or conditions for the use of the digital asset, and the third element is some encrypted digital currency, which can be used to buy or transfer or sell the ownership of the digital asset."

Airbnb, Uber, Job Search, online dating and other services

This new platform can create a P2P version of Airbnb or Uber, that is, let the host and the tenant, as well as the driver and the passenger directly establish business contacts through the smartphone, thus eliminating the middleman company. Obviously, this business has a very broad development prospect.

Fermat also offers a reputation management and background check feature that companies like Airbnb rely on to run their businesses. Under this feature, customers can accumulate their reputation through online dating, freelance work, or acting as hosts on the Airbnb platform, and Fermat can link the reputation records of all services of customers together for comprehensive analysis.

Other diversified services provided by Fermat include advertising, online dating, coupons, vouchers, discounts, house rentals, etc. From this, you can see the development trend of this industry: this will be a huge impact on most service industries that mainly engage in intermediary business, just like the impact of current electronic currency on the financial field.