![]() The Polkadot team wants to prioritize individual sovereignty but at the same time recognizes that blockchain technology, in its current form, isn’t ready to break free from the corporate grip on the web yet. “Because that data can often paint a detailed picture of our personal lives, it’s become a resource more valuable than oil” Polkadot Lightpaper ![]() The Polkadot blockchain marketing efforts propose a strong ethical standpoint from the outset on the issues surrounding personal data and how it is used (or abused) by centralized entities in today’s world. Have a glimpse of the updated Dapp Industry Overview.Parity has essentially molded the blockchain industry from building the widely used Parity Ethereum client and implementations of Bitcoin and Zcash to now working on ‘the next generation of blockchain technology’ with Polkadot. ![]() Gavin Wood and former Ethereum Foundation Head of Security Dr. Polkadot was built by Parity, a company founded by Ethereum co-founder Dr. The network was built to allow any type of data to be sent between any type of blockchain and has the potential to unlock a wide range of real-world use cases. It’s known as a layer-0 blockchain, where, besides its main Polkadot relay chain, there can be multiple Polkadot parachains that link to it. Polkadot is a next-generation platform that enables blockchains and other parachains to work together under one umbrella. In this complete article, you will find all the need-to-know information about Polkadot. This fairly-recent project is innovating the industry and cannot go unseen by anyone entering the Web3.
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