Since the coming of multibillion-dollar tech companies, the data business has never been more lucrative. Silicon Valley tracks, stores, and uses every single bite of data they can get hold of. Altera develops technology that might bring an end to a period of insecurity and privacy breach.
By using decentralized finance to completely host, create, and secure alternative web environments, data can be exchanged freely without leaving any electronic traces whatsoever. Web applications hosted and created using the Altera Software Development kit will also be part of the same metadata-free infrastructure created by the protocol. Thereby creating an internet of blockchains.
The Web2 usage of Web3 is tremendous and to help improve global application the interoperability should improve drastically. By combining DeFi with paid cloud services the project will create a new playing field for software engineers.