

However, in the current state of things, it looks like pulling out a sword where a needle could have done the job. I am sure there will be use cases where social media will utilize blockchain to build some exciting stuff. Is Blockchain useful in social media at all? There is no point in sharing data with a centralized system (the existing social media) and saying that I don’t trust you and hence put a blockchain. Thus, applying blockchain for the sake of privacy may not be a great idea. Definitely, this doesn’t seem to have been developed for solving the social media messaging related privacy issues. Although the privacy protocols like zk-SNARKs, which is based on a zero-knowledge proofs, is attempting to allow two parties to verify the transactions without revealing that specific set of transaction details, it is still not widely used. communications) can still be seen by the participating nodes on the network. Interestingly, while Blockchain talks about strong security through immutable, tamper-resistant design, the transactions (i.e. The current social media must respect this and do everything possible to protect this. What does Blockchain have to do with this?Īssuming that a given user is not at all giving a consent to share his/her data then their data shall not be shared at all.

This trust is important for people as well as the platforms.
CRYPTOCAT FOR SOCIAL MEDIA GETS INSANELY FREE
Again, Blockchain looks like a likely savior.Īdd to it, the digital socialist who believes in free grants would ideally want to get paid for using social media like Facebook, Reddit, Twitter, LinkedIn, etc. Hence, with the Facebook–Cambridge Analytica data scandal, involving the collection of personally identifiable information of up to 87 million Facebook users, rocking the social media, it becomes natural to ask the question, how blockchain based social media solutions could have prevented this.įurther, when the Facebook director Mark Zuckerberg apologized for the situation with Cambridge Analytica, calling it an “issue,” a “mistake” and a “breach of trust.”, then it sounds even imperative to explore a solution which will ensure trust in the trustless environment. Blockchain sometimes seems like a solution to all the problems.
