Orchid Labs says that it has developed blockchain-based protocol that lets users access the internet free of censorship, restrictions, and surveillance.
The main idea is to incentivize people with unused internet bandwidth to share it with other users (presumably in places with restrictions), in exchange for payment via Orchid’s Ethereum-based tokens. The company also says it’s a more viable option than Tor and virtual private networks (VPNs), which are increasingly difficult to access in places like China.
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In Their Own Words (via FAQ):
Orchid is an open-source project committed to ending surveillance and censorship on the Internet. The Orchid protocol uses an overlay network built upon the existing Internet, which is driven by a peer-to-peer tokenized bandwidth exchange, creating a more inclusive, liberated Internet. Orchid Labs Inc. is a Delaware company with the mission of promoting and supporting the research and development of the Orchid Protocol. Orchid Labs Inc. was founded in 2017 by leading technologists and is headquartered in San Francisco, California.
Orchid protocols are available in private alpha to select recipients today. Later this year, all Orchid software will be published to the open source community. Early in 2018 we plan to offer a public beta of the Orchid Protocol to help billions of users on all corners of the globe make Internet Freedom a reality.
See Also: Orchid White Paper About Protocol: “Orchid: A Fully Distributed, Anonymous Proxy Network Incentivized Through Bandwidth Mining”
47 pages; PDF.