Other DApps

In comparison to blockchain-based systems, the characteristics of a trustnet enable it to provide entirely new use cases. Specifically because of the ability to store private data solely on corresponding Trust-Nodes. Therefore, many Web3 and DeFi visions are now attainable with a trustnet. The added complexity of decentralised applications, however, limits their usefulness to use cases that require either the protection of sensitive personal data, a high level of trust, or censorship resistance. Among these are cloud applications such as:

• Chat and instant messaging services (e.g. Telegram, WhatsApp, WeChat)
• Online voting systems (e.g. Loomio, Polys, ElectionBuddy, eBallot)
• Sensitive data cloud storages (e.g. Bitwarden, DocuSign, Notion, Fileee)
• Online Community platforms (e.g. Slack, Discord, DEV, Skool)
• Productivity tools (e.g. Google Apps, Microsoft 365, Apple iCloud)
• User groups matching services (e.g. Uber, Airbnb, eBay, Tinder)
• Fundraising platforms (e.g. GoFundMe, JustGiving, Kickstarter)
• Online petition platforms (e.g. Change.org, iPetitions, GoPetition)
• Social media platforms (e.g. Twitter, Reddit, Facebook, LinkedIn)
• Content publishing platforms (e.g. Medium, Substack, Patreon)
• Authentication and authorization platforms (e.g. Auth0, Okta, OneLogin)
• Website reviews and social-proof platforms (e.g. Trustpilot, Trusted Shops)
• Company review and job listing platforms (e.g. GlassDoor, Indeed, Monster)
• Online gambling, betting and gaming platforms (e.g. DraftKings, GG.BET)

In general, trustnet technology can be thought of as a hybrid of blockchain technology and ActivityPub. This approach is particularly useful because, in a decentralised system, the vast majority of data in centralised cloud applications today does not need to be shared with the entire network. It is perfectly sufficient to broadcast only the information that must be stored in an incorruptible and censorship-resistant manner to the entire network.

In other words: decentralised applications on a trustnet can exchange data with other nodes without broadcasting them to the entire network. For example, a chat application could be developed to exchange data exclusively between the sender and the receiver. Even feature-complete social media networks could be implemented in a very elegant way with a trustnet. Personal data could be stored exclusively on a user’s Trust-Nodes, and posts that need to be published in a censorship-resistant manner could be broadcast to the entire network. Furthermore, the trustnet technology is also perfect for creating a kind of distributed social media (like Mastodon), where nodes can form their own communities (similar to the Fediverse).

As described above and in the previous sections a trustnet has far more potential than simply being a sound money system. One could even compare it with the evolution of mobile phones. Bitcoin was at least as revolutionary as early cell phones have been. And just as smartphones were the next evolutionary stage from cell phones, a trustnet could be seen as the evolution of the blockchain. It could actually be the most disruptive technology in the fight against centralisation.

In summary, trustnets are extremely adaptable and cover all of the Web3 and DeFi use cases. Web3 was, in our opinion, not possible until now.