Native Assets: A Blockchain Firm

Most internet-based apps & services host their code on private, centralized servers. In contrast, smart contract-based decentralized applications, known as “dApps” run backend code on decentralized peer-to-peer networks.

As a benefit of this design, dApps benefit from zero downtime, immutable + verifiable data, full auditability, and private, permissionless access. As with APIs, these specialized programs are composable & interoperable.

By combining the power of smart contracts with user facing front ends allowing for easy & intuitive interaction, rapid iteration and innovation has become the norm.

For reference, MetaMask, Uniswap, Aave & Compound, some of the most prominent dApps, are all a consequence of interoperability.

Though this new era of programming is still in its formative stage, dApps will serve as the new de facto standard for internet-native applications, products & services in the Web3 future.

Digital assets & the base of blockchain technologies underpinning + driving the revolution are extraordinarily powerful in their capacity to foster change on a scale unheard of since the dawn of computing itself.

A new era of economic, creative, social & political freedom is more possible than ever. Should the collective fail to learn from history’s litany of lessons, these very tools of empowerment may quickly devolve into chains of tyranny + oppression.

With such awareness it is of utmost importance to approach digital assets, cryptocurrencies, + the broader field of blockchain technology with intention, respect, & a sense of responsibility.