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    Tech Giant IBM Files for New Blockchain Patent Regarding a Web Browser

    For those of our readers who may not be aware, IBM is not the only firm to have explored the domain of blockchain-based web browsers because earlier this year, the Norwegian company behind Opera too released its crypto-enabled iOS Touch browser. To be a bit more specific, Opera Touch comes with a built-in cryptocurrency wallet and also has the potential to seamlessly connect with a host of Web 3.0 applications.

    • According to a spokesperson for IBM, the firm’s new blockchain web browser will provide its users with a framework that lays a huge amount of importance on data privacy and security.
    • One of the primary advantages of this new browser will be its ability to prevent customer data from being stolen — since a viable backup of the persons information will always be available on the blockchain.

    As per an all new patent application submitted by IBM earlier this week, the multinational company is looking to create its very own blockchain-based web browser that will make use of a peer-to-peer network to store and collect customer information.

    From a technical standpoint, we can see that the browser is designed to acquire certain pre-specified information during web browsing sessions. This data is transferred within the network using a mesh of peer-to-peer nodes.

    Also, the information that is being collected will depend on the ‘browsing experience’ that is chosen by the user. Some of the session info that can be saved includes bookmarks, task performance, geo-locations etc.

    It is also being rumored that IBM will make use of a digital token to verify its users’ browser session activities.

    In closing out this piece, it bears mentioning that the demand for blockchain web browsers has been surging for quite some time now. However, only time will tell whether or not IBM will be able to deliver on its promises.

     

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    Avatar
    Shiraz J
    Shiraz is a multi-year cryptocurrency analyst and blockchain journalist residing in Melbourne, Australia. When he is not writing about the bitcoin ecosystem, he enjoys the art of meditation, playing the blues and traveling the world.

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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