Internet versus blockchain

The internet is a more-than-30-year-old technology with the purpose of sharing information over TCP/IP and the Open Systems Interconnection (OSI) model stack. From the birth of the internet, every new technology had disrupted an existing one, whether it was email or the web, or even e-commerce. The internet is one of the strongest technologies and has been powerful enough to spread out ideas to impact and create illusions for reality.

TCP/IP was the first internet protocol suite built to standardize communication between similar networks; however, the OSI model was developed by the International Standard Organization (ISO) to provide a framework to standardize communication between systems, irrespective of vendors, models, and technologies. Organizations preferred both models for client/server communication because client/server networks tend to be much more reliable and stable in nature. It was important to have better control over what data customers were using...