Embracing web 3.0: From Big Data era to data encryption management

This is the first time that Web3.0 comes to China, and it’s more or less fitting in, with a broader range of topics. In a sense, the driving force behind our drive to actively promote web 3.0 is, in essence, the human need to break through the boundaries and barriers of the traditional Internet. After the improvement of Internet performance, we pay more attention to the encryption protection of information data, the privacy protection of personal identity information, the security of assets and so on. If big data is the mobile cornerstone of Web 2.0, then web 3.0 is a wake up call, how to protect their privacy data can not be leaked and abused, the right to access and control data of their own choice, has become a common concern of ours.

Web 2.0 TO Web 3.0 The consciousness of data management is awakening
As early as the initial popularization of the Internet when people began to consider security, until today, how to protect privacy security has infiltrated into different place of society.

On the one hand,The reason is that the global flow of Web 2.0 Internet information and the configuration of user data exchanged are not secure, and a large number of individuals’ privacy and assets are transformed into data flowing into the Internet and exist in the network in a transparent manner, the security is minimal.

On the other hand, the technology giants control and monopolize the increasingly important data resources and various kinds of infrastructure in the big data era, and the real data producers become resources instead under the centralized network structure. In particular, driven by technologies such as 5G, Ai and Internet of things, the growth of data is exponential. In the interest of big data, users’ private or network data are sold and abused , and the theft of assets is frequent, the right to privacy and self-esteem has repeatedly been violated without boundaries. A series of risks and accidents caused by hidden diseases, with the awakening of the consciousness of individual sovereignty of Internet aborigines, make people in the face of the current Internet have a great sense of mistrust and insecurity. It also gave birth to the upgrading of the data encryption management technology of the decentralized system network in the web 3.0 era, as a kind of “middleware” with the characteristics of encryption, trust, peer-to-peer and tamper-proof, it can record, protect and assert massive and volatile data rights, hedge the risks of centralized power to the security of individual interests, and counter fears of black box insecurity.

“Privacy” and “data security” were the most talked about topics at this year’s WEB3 conference. So how do we seek security in Web 3.0?

Evolving data encryption solution
In addition to the evolution of the underlying language, people are constantly pursuing more secure data encryption solutions, but need to maintain the normal exchange of information resources, so data encryption has become one of the most important technology.

Data encryption is a kind of information technology which can realize data analysis encryption on the premise of protecting data itself from disclosure. It provides a way to break through the information island between different entities, with encryption computing to protect each level of data processing, to ensure data privacy while maximizing the application and play the value of data.

The data of the future will be the biggest gold mine for Web 3.0. The premise of whether the data can be a new type of asset is based on a complete decentralized identity authentication system. The real significance of data security lies in satisfying the security premise that users protect the core important data, make the most of the data pass or asset, let everyone have self-data sovereignty at the same time, get value from it. And once the balance between privacy protection and data flow is found, the value of the interaction between the data from the island to the interconnection will be fissioned, allowing for exponential growth over the existing data economy.

Exploration of first-line data management layout
Touchain aims to become the infrastructure for web 3.0 data asset management, based on awareness of data privacy and control, and strong demand for the integration of data assets and physical assets.

Data is generated all the time, and each data has its own unique value, said Mr. Yachi Zhou, CEO of carbon bearing data. By combining blockchain technology with the Internet and encrypting the data on a chip, and by de centralizing the identity DID for data rights and sharing transactions, we can make the data your asset and actually circulate it, return the value of the data to the individuals it generates. With more blockchain technology and the continuous innovation of landing applications, as well as seamless user experience, the dream of data capitalization will eventually come true.