Tuesday, January 18, 2022

Slide Slide
Home Internet World Wide Web source code set for auction as NFT

World Wide Web source code set for auction as NFT

In 1989, Sir Tim Berners-Lee created the World Wide Web and wrote the first web browser in 1990

The source code of World Wide Web is set to be auctioned as a non-fungible token (NFT) at Sotheby’s, the US-based auction house said in a statement on Tuesday.

Giving rise to a powerful tool billions of people today use to interact on the internet, in 1989, Sir Tim Berners-Lee created the World Wide Web and wrote the first web browser in 1990.

Allowing anyone to verify the asset’s authenticity and ownership, an NFT is a digital asset that exists on a block-chain that serves as a public ledger. It exploded in popularity this year with artwork and music albums selling for millions of dollars.

The NFT, titled ‘This Changed Everything’, will be Sotheby’s first digital-born artefact to be sold, and will be offered directly by Berners-Lee himself, the auction house said. The sale will give “people the opportunity to reflect with Sir Tim on the bare bones of the architecture of the web’s creation”, the statement said.

The token will comprise of four elements – the original time-stamped files containing the source code written by Berners-Lee; an animated visualisation of the code; a letter written by the inventor reflecting on the code and the process of creating it; and a digital poster of the full code created from the original files using Python including a graphic of his physical signature.

The source code of World Wide Web contains nearly 9,555 lines whose content includes implementations of three language protocols — HTTP, URI, and HTML — that remain fundamental to the World Wide Web today.

With bidding starting at $1000, the sale of the World Wide Web source code will open from June 23 to June 30, Sotheby’s noted.

“Three decades ago, I created something which, with the subsequent help of a huge number of collaborators across the world, has been a powerful tool for humanity. For me, the best bit about the web has been the spirit of collaboration. While I do not make predictions about the future, I sincerely hope its use, knowledge and potential will remain open and available to us all to continue to innovate, create and initiate the next technological transformation, that we cannot yet imagine”, Bernes-Lee said in the statement.

“NFTs, be they artworks or a digital artefact like this, are the latest playful creations in this realm, and the most appropriate means of ownership that exists. They are the ideal way to package the origins behind the web”, he added.

Also read:DigiYatra: A paperless journey experience for domestic air traveller

Do Follow: CIO News LinkedIn Account | CIO News Facebook | CIO News Youtube | CIO News Twitter

khushbu
Khushbu Sonihttps://www.cionews.co.in
Chief Editor - CIO News | Founder & CEO - Mercadeo

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -1x1 banner1x1 banner1x1 banner1x1 banner

Most Popular

Bringing new technology and automation into the process is always on priority, says Vinay Kumar, CIO at MMG

As technology became increasingly important, one of the most important roles that I needed to adapt to was to become a strategic thought partner...

Venture capitalist technology: CM Bommai hails PM Modi as Bengaluru becomes one of top funding hubs

Overall, Indian tech venture capitalist technology investment grew nearly three times to USD 44.6 billion in 2021 from USD 14.9 billion in 2020 As India...

Technology: Banks to face major challenge in finding talent

The demand in the market today is for the right talent, whether it’s for business, technology or some of the niche skills around AI...

Rocket scientist Somanath is the new Chairman of ISRO

From TKM College of Engineering, the rocket scientist earned his B. Tech in mechanical engineering and a Masters in aerospace engineering from the Indian...

Recent Comments