Global Blockchain Database Launched on BigchainDB

BlueYard Capital, a venture capital firm based in Berlin, hosted its first Decentralized & Encrypted event on 1st June 2016, during which a group of blockchain companies launched IPDB — the Interplanetary Database – a blockchain database for the decentralized world computer. The event brought together the leading minds working toward a safer, more decentralized internet, and included a closing keynote by Edward Snowden.

Citing the failure of the internet to provide a decentralised system where people have freedom and anonymity, BigchainDB founders and other blockchain firms decided to create its IPDB for an Internet where no single entity owns or controls the computing infrastructure, resources are shared amongst participants, and individuals, rather than third parties, are in control of their personal information and creations.