Dfinity presents an open version of Linkedin: ‘LinkedUp

Dfinity the decentralized cloud startup, which raised $102 million in 2018, has launched an open version of LinkedIn called “LinkedUp”.

According to a statement, the LinkedUp application runs on Dfinity’s decentralized network, unlike a proprietary platform such as Amazon AWS or Google Cloud. LinkedUp is also not owned or operated by a corporate or government entity, according to Dfinity.

In particular, LinkedUp is only a demonstration and not a real launch. The firm said that, using its Internet Computer platform, developers could create open versions of WhatsApp, Facebook, eBay, Salesforce and many more.

LinkedUp was built by “1.5 engineers in three weeks,” the firm said.

“Great technology has hijacked the Internet and stifled innovation by possessing the patented infrastructure and user relations. As a result, a handful of for-profit companies have created a monopolistic and closed Internet,” said Dominic Williams, founder and chief scientist of Dfinity. The computer with Internet provides a means to rebuild Internet services in an open way.”

Dfinity has launched the bronze version. The commercial launch has been delayed and is now scheduled for this year.

Even before the launch, the Dfinity network is valued at $2 billion, according to the release. The Swiss-based firm is backed by notable investors, including Andreessen Horowitz (a16z) and Polychain Capital.

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