Business Insider covered MaidSafe a company out of Scotland that is looking to redo the Internet. The goal seems to build a decentralized Internet, kind of like a Bitcoin model. They want to do away with the need for servers and data centers and use the unused resources of every computer in the network.
From the article:
The founders of a Scottish company called MaidSafe had a wild idea.
What if you were to give the internet a makeover, changing it so that it’s absolutely safe from hackers and government snooping, but is still good for app developers and for sharing information?
And the MaidSafe SAFE network was born, brainchild of David Irvine (who is CEO) and Nick Lambert (COO.)
They funded their new network by selling their software, something called safecoins. They accepted bitcoins in payment and something called “mastercoin,” a “programmable money layer” that lets anyone create their own cryptocurrency.
By their calculation, they sold $6 million worth of software in 5 hours, when converting the mastercoins and bitcoins into U.S. dollars.