Bicameral Ventures invests in new Aion-powered blockchain browser Metalyfe
Summary
“A comprehensive browsing experience requires seamless integration of many different functionalities, technologies, and features and so building this on a single blockchain network would introduce substantial limitations,” Frank told BetaKit. “Leveraging Aion’s ability to incorporate multiple, purpose-built blockchains and decentralized technologies allow the scale and flexibility required to bring this vision to life.” Currently in beta on Mac, Windows, and Linux, Metalyfe’s value proposition comes on two fronts: privacy and commerce. A user’s login and browsing data are encrypted on the blockchain, and supposedly kept safe from the prying eyes of websites around the world, and say, Google (Metalyfe has signed partnerships agreement with distributed VPN provider, Sentinel, and decentralized search engine, Presearch, in the last two months). Tim Berners-Lee is working on a Contract for the Web but Metalyfe hopes to be the one to operationalize it: giving users the ability to decide what information they provide to each site and profit from the transaction through the browser’s Lyfe Coin cryptocurrency. “Metalyfe brings to life the ethos of what Web 3.0 stands for, which is a re-orientation away from an economy and culture dominated by centralized players who maintain their dominance through a moat of deep data access towards a self-sovereign model where a user’s online identity, actions, and profile allow them to build up real digital trust and goodwill in a way that’s impossible in the current mutable digital world,” Bicameral CIO Alex McDougall said.