Thursday, September 29, 2022
HomeDeFiWeb3's RSS3 aspires to be a decentralised information processor

Web3’s RSS3 aspires to be a decentralised information processor

Really Simple Syndication (RSS), the first internet-wide information dissemination system, is ready to take on Web3 with RSS3, a decentralised information processing technology.

RSS3 outlined intentions for moving its popular online feed update to Web3 in a technical whitepaper issued on Monday. RSS3 would provide each entity with an RSS3 file that would serve as a source of information and would be updated regularly. The source data file may then be utilized to create social media, content networks, games, and other data-driven applications by aggregating all online activity. The source data would be in charge of deciding which information to make public and which to keep private.

RSS is a file that contains a summary of a website’s most recent updates, typically in the form of a list of articles with hyperlinks. These feed files were designed to be decentralised and played an important part in information exchange over the internet. According to the official document, the project may take another six to eight months.

The protocol is being rolled out by Ethereum, Arweave, Polygon, BSC, Arbitrum, Avalanche, Flow, and xDAI. Until now, the team behind the decentralised system has raised funds from Coinbase Ventures, Dapper Labs, Dragonfly Capital, Fabric Ventures, and others.

 

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