The privacy network Loki has earlier today announced that it has become Australia’s first privacy software not-for-profit organisation.
Loki was registered as the LAG Foundation Ltd with the Australian Charities and Not-for-profits Commission (ACNC).
The network’s aim is to allow users to transact and communicate privately and anonymously over the internet. Using blockchain technology, Loki supports the development of privacy technologies and educates Australia’s people how to have more control over their data.
A poll carried out last year revealed a staggering 90% of people were “very concerned” about their internet privacy.
Simon Harman, Co-founder and Project Lead, Loki said:
The internet is perpetually swamped by security and privacy challenges. We hope to make a difference by advancing decentralised privacy and security tools for the general public to access. With the ACNC’s governance standards as a benchmark, we look forward to championing greater security and privacy online in Australia with stronger accountability and support from the Loki community and beyond.
Tim Norton, Chairman of Digital Rights Watch Australia commented on the news:
The recently passed Assistance and Access Bill 2018 demonstrates that Australians must look to new technologies to secure their digital rights to privacy and raise the cybersecurity standards for the next generation. As the community of privacy technologists continues to grow and innovate, Australia and the world can look forward to a new wave of networks and tools that will protect basic rights to privacy and build a more secure future for all.