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ACENT: How Web 3.0 Browsers Are Delegating Privacy Rights to Users | Project Description

2021-05-19 17:30
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Facebook and Instagram recently updated their new user agreement: Please allow us to sell your profile in exchange for free use.

 

Are Facebook and Instagram too honest? No, just the latest version of Apple's iOS. In the restriction App secretly use user data to track the type of advertising. If a user turns down a request from Facebook or Instagram, Facebook has hinted that it could then switch to paid use.

 

The value of personal data and privacy is difficult to quantify, but it is undeniable that the data and privacy of users have formed a large part of the market value of most Internet companies. Robin Li, the founder of Baidu, also said that Chinese consumers, under the premise of privacy protection, are often willing to use a certain amount of personal data authorization in exchange for more convenient services.

 

To some extent, users get easy and free access to apps by transferring some of their personal information and privacy to tech companies. Technology companies, on the other hand, obtain user portraits through cross-comparison of massive data obtained from different fields through penetration, accurately deliver the traffic directly to mobile terminals, form a complete closed loop through the cultivation of product ecology through users' natural road dependence, and then take advantage of the whole value chain from beginning to end.

 

Another win-win in Web 3.0

 

The advent of Web 3.0 has changed the way technology companies get most of the profits while users get a free app.

 

Osiris, the second transparent browser after Brave, was created based on Web 3.0 and offers a comprehensive solution for P2P, B2B and B2C services for Web 3.0, with decentralized rewards for providing user information and privacy.

 

Built by South Korea's peer-to-peer distributed Internet infrastructure solution network DecenterNet and backed by Acent, Osiris browser has been downloaded more than 350,000 times and is available in three Android, iOS and Windows versions.

 

Osiris Browser provides Privacy Browser service can effectively reduce the user personal information leakage and other malignant events. With its own Liberty search engine, you can ensure that your privacy is protected from third parties and that your search information is not distorted. Liberty also runs on Web 3.0, and searches for the same information are much faster than traditional search engines.

 

At the same time, Osiris has built-in Ad-Block in its browser, and Liberty Ads offers you the option to view Ads, which you receive financial incentives from advertisers. Giving users the option of viewing ads means that advertisers need to target ads more closely to their users to increase their exposure. The advertising value previously captured by tech companies will be redistributed through the browser, allowing users to sacrifice some privacy in exchange for financial value.

 

Transitioning some privacy rights in exchange for some economic value may not be the optimal solution, but it may be another kind of win-win under Web 3.0.

 

Osiris Browser Principles and Features

 

As the entrance of the Internet "browser", the most important is low learning cost. With the improvement of Web 3.0 standards, the integration of decentralized technologies and the Web ecosystem has become possible, and the average user will no longer need to distinguish between a browser using blockchain technology and a traditional browser in their browser experience. Osiris is a blockchain-enabled browser that allows users to switch from traditional to browser-free at any time.

 

The Osiris browser differs from traditional browsers in three major innovations: Cryptocurrency Acent (ACE), Ocean Architecture (Osiris Crypto Engine Acent Interface), and Otin (Osiris Desktop Application Interface).

 

Acent's economic system is an important part of Liberty's search engine. As a fully open source core asset, Acent is not owned by any third party organizations or institutions. Companies can reward Acent users by rewarding them for watching ads and providing information.

 

The Ocean architecture is primarily responsible for handling Acent cryptocurrency trades, and the system executes processing commands on the back end to match orders as soon as the trades are triggered. The Ocean architecture can effectively reduce the unnecessary hassle of cryptocurrency trading after it is transferred to the exchange platform.

 

Ocean also has a unique ecosystem app called Osiris Metawallet, which connects to dApps without requiring other wallets, and will support more blockchain networks in the future. Perhaps in the near future, cross-chain via Osiris Metawallet will also be available.

 

Odin is related to COBA, which is a board game application on the Osiris browser. It is well known that game enthusiasts prefer action-packed competitive games like League of Legends and Tekfists to NFT collection, but due to the limited capabilities and resources of blockchain, large games are often unable to run on blockchain. COBA, on the other hand, offers gamers the possibility to play large scale games in the blockchain space, with high quality graphical games created using the Unreal Engine via the Osiris browser. This is done through Odin.

 


Source: COBA

 

Acent token economy and allocation

 

Token name: ACE

Maximum supply: 2 billion

 

Distribution mechanism:

 

Reserves: 1 billion (50%);

Sales: 400 million pieces (20%);

Team: 200 million (10%);

Developer: 200 million (10%);

Partner: 100 million (5%);

Marketing: 100 million (5%).

 


Source: Acent white paper

 

ACE is the base currency for all economic activity in the Osiris browser ecosystem.

 

Users can use ACE to pay transaction fees for using DAPPs and multifunctional wallets, and earn community ACE rewards by contributing content and building platform ecology. DApp developers use ACE to pay for the use of DApp services; Advertisers using Liberty Ads will pay for their Ads using ACE. Similarly, the Osiris Metawallet, a multipurpose wallet, will also use the ACE as a service charge.

 

The team members

 

Founder and CEO: Sean Kim

 

Sean Kim has over 8 years of experience in IT, including 3 years in blockchain. Previously, Kim developed decentralized mining software for desktop PCs and received patents related to cloud mining management applications.

 

Currently, Sean Kim has a "We Media" network with 270,000 subscribers.

 

Co-founder: Angela Kim

 

Angela Kim is a consultant to the Korean Blockchain Content Association (KBCCA) and the Korean Mobile Gaming Association (KMGA) with over 4 years of blockchain experience. At the same time, Angela Kim was also interviewed and reported by Vietnam National Radio and many well-known Chinese media as the Asian female leader in the blockchain industry.

 

The CTO: Shin Daisuke

 

Shin Daisuke has more than 16 years of development experience in the telecommunications industry and has been involved in and run 180 development projects, including those for Motorola and Intel. Shin Daisuke also holds certification certificates including Digital Architecture Certification for Data Center (TOGAF), Blockchain Professional Developer Certification, and Telecommunications Technology Consultant Certification.

 

Future development roadmap

 


 

In the second quarter of 2021, AcentG will launch a POSA (Proof of Staked Authority) consensus testing network; Osiris desktop version will be updated, Android version and desktop version will inherit credit card payment for crypto assets; Osiris Metawallet  Windows version and integrated TRN will be available.

 

In Q3, Osiris Metawallet will be integrated with iOS and Android versions of the Osiris browser. Acent smart contracts will support Defi; Osiris Metawallet  Will integrate with the Bitcoin network and dApp store; The Liberty search engine will be testing it.

 

In the fourth quarter, the COBA game engine went into beta. Acent's on-line node management contract integrates with Defi's online wallet and integrates multiple crypto assets in the wallet to function with each other; Osiris Metawallet integrates Pokar network and EOS network.

 

The browser is the gateway to both Web 2.0 and Web 3.0. The Osiris browser is a clever way of offering financial incentives to privacy - and information-conscious users to open the door to Web 3.0 first. However, it is also important to note that browser expansion is a constant battle.

 

The dominant Internet browser before the dotcom bubble burst was Netscape, but it was not long before Netscape dominated the Internet and was overtaken by Microsoft's Internet Explorer. Now, thanks to its high performance and scalability, Chrome has topped the charts with 67% of the market share.

 

After a short experience, the Osiris browser is still not very impressive, and its white paper has officially described the functionality is not fully live. You'll have to wait for a more fully functional Web 3.0 browser.

 

 


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