ZURICH – Dec 19, 2023 – (SeaPRwire) – The DFINITY Foundation, a leading Swiss non-profit driving decentralization research and development, has achieved a major milestone in web3 scalability and regulatory compliance with the launch of a geo-bounded European subnet on its Internet Computer blockchain network.
This groundbreaking development represents the inaugural subnet launch in Internet Computer history. It paves the way for an explosion of innovative dApps on ICP built to align with General Data Protection Regulation (GDPR) policy enforced across the EU starting May 2018.
By combining tamperproof decentralized infrastructure with privacy and security features purpose-built to enforce stringent GDPR protections, the European subnet empowers developers to release dApps with full compliance confidence. All data processing and storage occurs within secured EU jurisdictional boundaries.
Dominic Williams, Founder and Chief Scientist of DFINITY explained, “The Internet Computer enables full-stack decentralization. The newly launched EU subnet combines nodes exclusively within region to facilitate creating GDPR-aligned dApps. Developers can now build legally compliant and decentralized user experiences benefiting millions across Europe and beyond.”
Core capabilities ensuring GDPR conformity include encrypted private data, data amendment/deletion flexibility, access control mechanisms, decentralized network security vetting and upcoming distributed decryption safeguards currently in progress.
The DFINITY Foundation first proposed the pioneering subnet to token holder voters on the permissionless Internet Computer’s governance system dubbed the Network Nervous System (NNS). With near unanimous 99% support, the EU subnet subsequently launched and opened for developers across region seeking to build at web3’s cutting edge intersection with EU policy.
By eliminating centralized third-party hosting providers in favor of geo-distributed node decentralization, dApps on the European subnet unlock vastly superior security, resiliency and data control compared to web2 alternatives. DFINITY’s subnet launch represents the next frontier of innovation at the crossroads of scalability and compliance for global consumers and enterprises alike.
Organizations interested in leveraging DFINITY’s EU subnet infrastructure should visit https://dfinity.org or public forums for guidance deploying regulatory-approved dApps built to drive web3’s next mass adoption wave.
SOURCE DFINITY Foundation
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