Tim Berners-Lee Announces "Solid" To Decentralize Web

Director of W3C and the father of the World Wide Web, Tim Berners-Lee believes that the web has reached a critical tipping point where a powerful change for the better is necessary.
For last few years, Berners-Lee has been working with researchers at MIT to develop Solid, an open-source project developed with an intention to restore power and agency on the web to individuals.
I’ve always believed the web is for everyone. That’s why I and others fight fiercely to protect it. The changes we’ve managed to bring have created a better and more connected world. But for all the good we’ve achieved, the web has evolved into an engine of inequity and division; swayed by powerful forces who use it for their own agendas,posted Berners-Lee.
According to him, in the prevailing model of the web, users surrender their personal data to giant companies in exchange for a perceived value, while Solid will give us complete control over our data, personal or not, in a revolutionary way.
Solid is designed using the existing web but giving users a choice over where data is stored, what people can access certain parts of it, and which apps you use. It will allow users to link and share their data with anyone and will enable to access the data in different apps at the same time.
Source: medium.com 
Solid unleashes incredible opportunities for creativity, problem-solving and commerce. It will empower individuals, developers and businesses with entirely new ways to conceive, build and find innovative, trusted and beneficial applications and services. I see multiple market possibilities, including Solid apps and Solid data storage,” said Berners-Lee.
Berners-Lee commented in 2009 that “the web as I envisaged it we have not seen yet.” as people were primarily using the web for documents. While the web has matured and witnessed more open data, we have not yet seen read-write data, which Solid will enable.
Sir Tim Berners-Lee has founded a company called inrupt. Inrupt will be the infrastructure that will allow Solid to thrive. Inrupt’s mission is to provide commercial energy and an ecosystem to help protect the integrity and quality of the new web built on Solid.
Together, Solid and inrupt will provide new experiences benefitting every web user — and that are impossible on the web today,” said Berners-Lee. “Where individuals, developers and businesses create and find innovative, life- and business-enriching, applications and services. Where we all find trusted services for storing, securing and managing personal data. I’m incredibly optimistic for this next era of the web.