Entrepreneurs on Fire How Blockchain is Improving Internet Connectivity and Networking for Businesses with Domas Povilauskas: An EOFire Classic from 2022
Jun 14, 2025
Domas Povilauskas, co-founder of a successful SaaS startup and innovator at Syntropy, dives into the revolutionary impact of blockchain on internet connectivity. He highlights how blockchain decouples internet accessibility from monopolistic telecom systems, enhancing security and privacy. Domas discusses the issues plaguing current internet infrastructure, such as monopolization and vulnerabilities. He envisions a future where decentralized networks empower users, reduce costs, and allow for community control over digital experiences, unlocking potential in areas like the metaverse.
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Blockchain's Societal Revolution
- Blockchain represents a profound shift in how societies operate, extending beyond just technology.
- It enables decentralized systems that challenge traditional centralized authority and trust models.
Syntropy Decentralizes Internet
- Syntropy uses blockchain to decentralize internet connectivity and address security, privacy, and monopolization.
- It aims to provide a transparent, secure, and reliable alternative to telecom-controlled internet.
Internet's Outdated Design Problem
- The internet's original design didn't anticipate today's scale and remains largely unchanged since 1994.
- Monopolization by telecoms and outdated technology cause security, privacy, and innovation problems today.