This project to decentralize the internet already has 5-10X more cloud storage space than all other blockchain projects together

TechFirst with John Koetsier

Can we really decentralize the internet with blockchain? The internet was originally designed to be decentralized ... and that’s how it was supposed to work for emergencies and disasters. Lately, it's been getting more and more centralized controlled by major corporations, as well as countries like Russia and China.

One company thinks it has a solution. In this episode of TechFirst, we chat with the cofounder and CEO of ThreeFold, Kristof de Spiegeleer, who thinks the internet should be like electricity: available and almost-free everywhere. But with a key difference: enabled by all, in a sort of mesh networking scenario.

His not-so-secret weapon?

"Technically we have 18,000 CPU cores and 90 million gigabytes, which is a lot of capacity. It's probably between five and ten times more than all of the capacity of all the blockchain projects together."