• Huobi Filecoin IPFS Web 3.0
    Alt coins,  Technology

    Huobi, Protocol Labs jointly launch $10M Web 3.0 incubation center

    The two firms will collaborate to incubate, invest in, and develop communities for projects that employ IPFS and Filecoin

    Protocol Labs user experience lead Jessica Schilling said interplanetary file system, or IPFS, aims to break the internet free from the monopolistic control of a few mega-corporations like Amazon, Microsoft, Google, and China’s Alibaba and Tencent. She also noted that the system can prevent censorship in places like Turkey, where a local version of Wikipedia is being hosted after the government blocked access to the standard Web 2.0 version of the site.