Cryptocurrencies

Overnight Crypto Sensation Sets Out to Undo Internet’s Failings

Internet Computer tokens jumped beyond $45 billion after debut
Protocol seeks to take on Ethereum, Polkadot, Binance Chain

WATCH: Dominic Williams, founder & chief scientist at the DFINITY Foundation, talks about the Internet Computer, a new decentralized global computer network. (Source: Bloomberg)

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By Matthew Leising and Olga Kharif

May 12, 2021 at 4:14 PM EDT

Updated on

May 12, 2021 at 4:40 PM EDT

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The cryptocurrency that shot to a more than $45 billion valuation since it began trading on Monday could be just the tip of the iceberg for a new type of blockchain that hopes to remake how people interact with the world wide web.

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Before it’s here, it’s on the Bloomberg Terminal

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