About the Pillar Project

in #pillar7 years ago (edited)

THE PILLAR PROJECT is a collaboration of the blockchain innovation community of 20|30. We want to get rid of old ways of thinking applied to new technology. While most people are busy building decentralized apps, we questioned the idea of apps in general and decided it was time to go in a new direction. The people listed here have joined because they are passionate about the project. We hope you will join us, too.
The European Commission’s Fire Study of Next Generation Internet recently concluded ...

Internet should ensure citizens' sovereignty over their own data and protect privacy;

Internet should ensure diversity, pluralism and a right to choose; and

Internet should avoid the concentration of data in a few proprietary platforms.

Personal Data Spaces was seen as a very important technology area for all the above top ranked values.

These are the problems the Pillar project will address. We want to give people a better, safer dashboard to their digital world, starting with an open-source wallet. We have two main objectives:

Replace accounts with atomic ownership. We all have dozens of accounts. With accounts, you log in and all your valuable data is trapped inside the app or the service. This presents huge concentration risk. By switching from accounts to wallets, each person owns his/her own assets and can switch vendors freely.

Replace apps with services. Apps on our phones are miniature desktop apps. This harkens back to the days of paper-based processes, showing once again that humans always adopt the old ways of working to new technology. Now that we all have superconnected computers in our pockets, we believe the personal data locker will replace iOS and Android to become the operating system for all your devices.

The decentralization movement and technologies like blockchain will lead to a fundamental reversal of power, putting people in control of their digital lives.

The Personal Data Locker

The concept of the personal data locker comes from David's book, Pull. We have seen many such projects come and go. Much of it comes down to trust - people don’t trust institutions, advertisers, or third parties to manage their data. This is why Microsoft and Google projects have failed.

We understand that consumers don’t want to manage their own data. There’s a detailed section of the gray paper that goes into consumer reluctance and how to find our early adopters. Right now, we have a chance - to create the world’s best wallet, integrate it into many systems, and let it lead to the personal assistant that “magically” helps you manage your life. See this early video from 2010 that shows the use cases for the project:

The Pillar Wallet
Having waited patiently for 15 years, we believe the moment is here now. We will start by building the world’s best cryptocurrency and token wallet. We will focus on the user experience - to make it as easy as possible to set up and use a wallet. There are a few excellent wallets - we have our work cut out for us. But since our target is to build a dashboard for your digital life, our wallet will be different. Our wallet will be mobile first. It will include a browser, and we hope to include one or more exchanges. We want the experience to be as easy as possible. We’ll be targeting specific use cases and personas and working to make their experience as familiar and powerful as possible. Almost everyone is a beginner. Almost everyone finds managing private keys challenging. Almost everyone doesn’t appreciate the complexity behind wallets and exchanges and smart contracts. This is our mission - to simplify, build a strong foundation, and keep adding what our customers want next.

The Pillar Ecosystem
Pillar is far more than a wallet, a browser, and an exchange. Pillar brings to life the concepts in David Siegel’s book, Pull. As David explains, apps are a huge waste of resources and prevent innovation. Apps have to be maintained on half a dozen platforms - more than 50% of every app is just infrastructure related to presenting content and offers. What really matters are content, connections, and commerce, and being able to mix them as you like. The Pillar wallet will let you sort, filter, compare, mix, and match these things to suit your needs. This represents the convergence of the semantic web and the web of value.

As an example, think of attending a conference in a city far away. To do this on your phone you’ll need a dozen apps that don’t talk to each other, and you’ll sign contracts for air, rail, car, hotel, tours, shows, excursions, currency exchange, babysitting, restaurants, conference registration, scheduling, events, meetings, and more. At best, each of these has its own app, and probably its own reward point system. Now try to manage all the expenses and record keeping - more apps. Do the apps talk to each other? In general, they don’t.

The pillar ecosystem will create a new ecosystem of data, content, and commerce. We’re almost there - we have the standards, formats, and APIs to do much of what we want. It’s our job to bring these together to create a customer experience that is many times more compelling than using apps. In general, you’ll ask a question or say what you’re looking for, and the content, data, and transactions will come to you. We believe the wallet will be the center of your digital life, and it will pull everything you want when you want it, in a way that's more natural than apps.

The Pillar Token
While the wallet and platform are open-source and free, users will pay for the various PDL services with pillar tokens as they use them. The token will power (provide micropayments for) the entire ecosystem, giving an instant business model to many projects that can tie in. This is the beauty of the token: you may need a service exactly once and you won’t need to sign up for it, you’ll just pay for it with a Pillar token and you’re done.

Here’s an example: you go see your doctor, she does some tests and gives you a prescription for some pills. All the data from that visit, and the prescription, will be copied to your wallet. You can then manage the prescription any way you like, including asking for bids from pharmacies for the lowest price, or fastest delivery, etc. In this case, pharmacies compete for your order, and their software can be aware what the bid/ask is, and they may give you special offers to choose their service or even pay you to watch an ad for a particular drug. This is all under your control - you decide how you want it, and you pay a small number of pillars each time you use the system for storing your records and letting you manage your relationship with the health-care system. Your data can even go to a study being done - with your permission - and even though you’re anonymous in the study, if they want to send you a message, you’ll have a choice of receiving it or not.

The pillar is a meta-token. For example, Brave has a native token for seeing customized ads and monetizing your browsing experience. Augur has a token for betting. Akasha has one for messaging. You'll encounter dozens or hundreds of tokens as you go about your day. All these tokens will be native in our system one level below the Pillar token. Users may only ever see pillars, or they may see the various utility tokens for the services they use.

website https://pillarproject.io/

Bitcointalk link - https://bitcointalk.org/index.php?topic=1989700.0

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I just lost over 350.00 investing in Pillar Token

  • ZERO SUPPORT from DAVID, CEO of PILLAR.

https://steemit.com/steemit/@rogerwilson/lost-350-00-usd-on-pillar-token

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