The DFINITY Foundation, more precisely the "DFINITY Stiftung", is a non-profit organization established in Zug, Switzerland, in October 2016 and headquartered in Zurich. The DFINITY Foundation is committed to contributing technology to the Internet computer blockchain, providing support for its ecosystem, and advocating its application as a technology stack. This article will delve into the mission, goals and important position of the DFINITY Foundation in the blockchain field.
The establishment and mission of DFINITY Foundation
The DFINITY Foundation was established in 2016 with the mission of promoting the development and application of Internet computers. The DFINITY Foundation holds billions of dollars worth of ICP token grants and sells these tokens when needed to fund its operations. Although DFINITY has no shareholders or members, its mission is clear: to create a blockchain singularity where, over time, most of humanity's systems and services are reimagined and rebuilt on Internet computers On the blockchain, a new form of smart contract called a “container” is used.
DFINITY’s decentralized vision
The DFINITY Foundation adheres to the mission stated in its notarial certificate, in accordance with the regulatory framework operated by the BVG of Central Switzerland and the Foundation Supervisory Authority (ZBSA). DFINITY is a champion of blockchain and decentralization first. DFINITY has the largest R&D team in the blockchain industry, employing many well-known cryptographers, computer science researchers, and senior engineers. It currently employs about 200 full-time employees, many of whom work at research centers in places such as Zurich, Switzerland, and California, with many teams working remotely.
R&D team and future planning
DFINITY continues to add new talent to its team and expand its research and development. According to DFINITY forecasts, thousands of R&D and operations personnel will be hired in the coming years. The name DFINITY comes from the decentralization of inFINITY. Founder Dominic Williams first used this name in 2015 to refer to the technical research he was conducting, hoping to make Ethereum a true world computer blockchain.
Vision of a World Computer
DFINITY was established as an independently run project when it was realized that realizing the great vision of a world computer would require a large and highly specialized team, supported by long-term R&D investment. The blockchain architecture used by Internet computers today is reconstructed from scratch to provide world computer functions. DFINITY has become the work organization of choice for talented people working on the cutting edge of blockchain, computer science, and cryptography.
The Creation of Internet Computer Blockchain
After several years of research and development, the Internet Computer Blockchain achieved the launch of the genesis block on May 10, 2021. This marks the beginning of a new era in which Internet computer blockchain will provide developers and enterprises around the world with a decentralized computing platform on which they can build and run applications.
DFINITY’s future outlook
The future outlook for the DFINITY Foundation is full of hope and challenges. As blockchain technology continues to develop, DFINITY will continue to be committed to promoting the development of Internet computers and providing developers and enterprises around the world with a more secure, reliable and efficient computing platform. DFINITY's vision is to achieve a truly decentralized Internet where everyone can participate and benefit.
Conclusion: As a pioneer of blockchain technology, the DFINITY Foundation has made remarkable achievements on a global scale. Its mission and vision are not only to promote technological progress, but also to create a more fair and decentralized world. As internet computer blockchain develops, we can expect to see more innovations and changes that will profoundly impact the way we live and work.