Difference between revisions of "DFINITY Foundation"

Revision as of 20:45, 20 October 2021

The DFINITY Foundation (or more correctly, “DFINITY Stiftung”) is a not-for-profit organization based in Zürich, Switzerland, which is funded by an endowment worth several billion dollars. Its purpose is to contribute technology and support to the Internet Computer blockchain and its ecosystem, and to advocate for its mission. While it has no shareholders or stockholders, it acts competitively, like a startup, with a mission to drive a “blockchain singularity”, in which the majority of humanity’s information systems and services are rebuilt and reimagined upon the Internet Computer using a novel advanced form of smart contracts called canisters. DFINITY is held to the purpose defined in its notarial deed by a framework regulated by the Central Switzerland BVG and Foundation Supervisory Authority (ZBSA).

The organization can be described as Blockchain Maximalist, decentralization forward, and tech forward. DFINITY arguably runs the biggest R&D team in blockchain, and employs more famous cryptographers than any other tech organization. Currently the team is approximately 200 strong, and works from several dedicated research centers around the world, and remote teams. DFINITY is constantly integrating new talent into its team and scaling its R&D effort. By its own estimates, it will grow to employ thousands of cryptographers, computer science researchers, and engineers, as well as operations staff.

The name DFINITY comes from Decentralized inFINITY.

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-The '''DFINITY Foundation''' (whose native name is “DFINITY Stiftung”) is a not-for-profit organization based in Zürich, Switzerland, which is funded by an endowment worth several billion dollars. Its purpose is defined by a notarial deed, within a framework regulated by the Central Switzerland BVG and Foundation Supervisory Authority (ZBSA). Its purpose is to contribute technology and support to the [[Internet Computer]] blockchain and its ecosystem, and to advocate for its mission. While it has no shareholders or stockholders, it acts competitively, like a startup, with a mission to drive a “blockchain singularity”, in which the majority of humanity’s information systems and services are rebuilt and reimagined upon the [[Internet Computer]] using a new breed of advanced smart contracts called [[canisters]]. The organization can be described as Blockchain Maximalist, decentralization forward, and tech forward. It currently employs more than 200 people, and boasts one of the world’s most highly-powered teams of cryptographers, research scientists and engineers, which it constantly expands as talent becomes available. The name '''DFINITY''' comes from '''D'''ecentralized in'''FINITY'''.
+The '''DFINITY Foundation''' (or more correctly, '''“DFINITY Stiftung”''') is a not-for-profit organization based in Zürich, Switzerland, which is funded by an endowment worth several billion dollars. Its purpose is to contribute technology and support to the [[Internet Computer]] blockchain and its ecosystem, and to advocate for its mission. While it has no shareholders or stockholders, it acts competitively, like a startup, with a mission to drive a “blockchain singularity”, in which the majority of humanity’s information systems and services are rebuilt and reimagined upon the [[Internet Computer]] using a novel advanced form of smart contracts called [[canisters]]. '''DFINITY''' is held to the purpose defined in its notarial deed by a framework regulated by the Central Switzerland BVG and Foundation Supervisory Authority (ZBSA).
+The organization can be described as Blockchain Maximalist, decentralization forward, and tech forward. '''DFINITY''' arguably runs the biggest R&D team in blockchain, and employs more famous cryptographers than any other tech organization. Currently the team is approximately 200 strong, and works from several dedicated research centers around the world, and remote teams. '''DFINITY''' is constantly integrating new talent into its team and scaling its R&D effort. By its own estimates, it will grow to employ thousands of cryptographers, computer science researchers, and engineers, as well as operations staff.
+The name '''DFINITY''' comes from '''D'''ecentralized in'''FINITY'''.