- In a recent interview, Derrick Foote spoke to the news outlet to discuss giving back data freedom and control online to the users.
- Foote has been involved in the Blockchain industry since 2013 and has been an active member in that time.
In a recent interview with CryptoSlate, the Canadian web 3.0 entrepreneur dedicated to helping build Web 3.0, Derrick Foote spoke to the news outlet to discuss giving back data freedom and control online to the users.
Foote has been involved in the Blockchain industry since 2013 and has been an active member in that time. As well as being a graduate of the Oxford University Blockchain Strategy program, Foote has spent several years teaching people on the tech behind Bitcoin and other cryptocurrencies, managing many high tier over the counter deals as well as commercial mining for the past three years it has moved in the direction Blockchain and IPFS (interplanetary file system) software development.
Two years ago, Foote booted up Temporal, a scalable IPFS infrastructure to help the production of ready applications.
Speaking on the project, Foote explained how he started the firm and what the mission of Temporal actually is.
“We dove into the Temporal project in early 2017 when our co-founder, who I meet through the Rally Trade community, and lead developer Alex Trottier introduced me to IPFS. I immediately became fascinated and we shared the same enthusiasm for the technology and how its three key features such as content addressing, data verification and de-duplication were going to change the online world for the better, fixing a lot of the current issues surrounding HTTP. We recognized that we needed to help users and enterprise operations to understand and adopt the technology, as there was no one in the space doing this at the time. We wanted to focus on creating the infrastructure that would not only support Web 3.0 but help people build and plug into this technology, enabling mainstream adoption.”
The founder further went onto talk on the notable achievements and milestones the company has over its time the last few years.
“An amazing achievement is that we are the only IPFS platform not built on cloud services leading to extreme savings for the users by not getting hit with high data storage, CPU hours, bandwidth costs. This is to ensure you can confidently store your data knowing that we maintain full ownership of the hardware and aren’t subject to a cloud-based provider randomly decommissioning our services.”
“RTrade also achieved several other great milestones for IPFS that we are very proud of including the first Amazon S3 compatible IPFS client, IPFS WeChat mini-app, Full-Service IPFS website, our Dedicated IPFS Data Center, IPFS Amazon S3 API Client, and tools to manage private IPFS networks.”
This is just a few snippets of the interview so if you want to read the full thing click here!
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