Bitcoin Forum
August 15, 2018, 02:27:38 AM *
News: Latest stable version of Bitcoin Core: 0.16.2  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Cryptocurrency Can Help Social Media Sites Like Facebook  (Read 91 times)
Elysian_ELY
Jr. Member
*
Offline Offline

Activity: 112
Merit: 1


View Profile
April 19, 2018, 03:24:00 PM
 #1

https://www.forbes.com/sites/rachelwolfson/2018/04/18/cryptocurrency-and-blockchain-technology-could-help-facebook-recover-from-massive-data-scandal/

Most of us have heard of the recent Cambridge Analytica scandal with Facebook. What most people do not realize is that there is a solution that is right under their noses and its been in development for years now. Cryptocurrencies stand for decentralization and security. This is exactly what sites like Facebook need. Users are worried about there personal information being sold off; if Facebook adopted blockchain level data security all problems would be solved. It will be interesting to see how things unfold. What is everyone's' thoughts?

Good Luck Traders,
The Elysian Team
1534300058
Hero Member
*
Offline Offline

Posts: 1534300058

View Profile Personal Message (Offline)

Ignore
1534300058
Reply with quote  #2

1534300058
Report to moderator
1534300058
Hero Member
*
Offline Offline

Posts: 1534300058

View Profile Personal Message (Offline)

Ignore
1534300058
Reply with quote  #2

1534300058
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1534300058
Hero Member
*
Offline Offline

Posts: 1534300058

View Profile Personal Message (Offline)

Ignore
1534300058
Reply with quote  #2

1534300058
Report to moderator
1534300058
Hero Member
*
Offline Offline

Posts: 1534300058

View Profile Personal Message (Offline)

Ignore
1534300058
Reply with quote  #2

1534300058
Report to moderator
1534300058
Hero Member
*
Offline Offline

Posts: 1534300058

View Profile Personal Message (Offline)

Ignore
1534300058
Reply with quote  #2

1534300058
Report to moderator
pekavcilar01
Jr. Member
*
Offline Offline

Activity: 210
Merit: 0


View Profile
May 07, 2018, 08:40:01 AM
 #2

Crypto stock exchange is everywhere.
In the future we will see crypto money everywhere. Currently, there are only stock market sites. In the near future we will be able to do everything with digital money.
Facebook is already the most popular social media platform in the world.
In the near future, the user has aroused great repercussions for sharing the information.

XRT - A unified payment solution for food industries (https://www.xrtfoundation.org)
avikz
Legendary
*
Offline Offline

Activity: 994
Merit: 1040


FortuneJack.com


View Profile
May 07, 2018, 08:52:51 AM
 #3

Security is a serious concern for Facebook now as many people are worried about their personal data being used to influence market decisions and being sold off to third parties. Blockchain as a technology with decentralized nature, can certainly bring fresh changes to this segment. I believe I have seen couple of companies trying to bring such platforms in the market like Entle and all.me. But the challenge is to compete with a giant like Facebook. I don't think Facebook will use the blockchain technology in their platform because that will be a radical change and I am sure Facebook can't afford that experiment. However, new platforms using blockchain technology may gain momentum and people concerned about their data security will start using them. 

.FORTUNE.JACK.
      ▄▄███████▄▄
   ▄████▀▀ ▄ ██████▄
  ████ ▄▄███ ████████
 █████▌▐███▌ ▀▄ ▀█████
███████▄██▀▀▀▀▄████████
█████▀▄▄▄▄█████████████
████▄▄▄▄ █████████████
 ██████▌ ███▀████████
  ███████▄▀▄████████
   ▀█████▀▀███████▀
      ▀▀██████▀▀
         
         █
...FortuneJack.com                                             
...THE BIGGEST BITCOIN GAMBLING SITE
       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄██
█████████▀███████████▄
██████████▀   ▀██████████
█████████▀       ▀█████████
████████           ████████
████████▄   ▄ ▄   ▄████████
██████████▀   ▀██████████
 ▀██
█████████████████████▀
  ▀██
███████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
#JACKMATE
WIN 1 BTC
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████████▀█████▀██████████
███████▀░░▀░░░░░▀░░▀███████
██████▌░░░░░░░░░░░░░▐██████
██████░░░░██░░░██░░░░██████
█████▌░░░░▀▀░░░▀▀░░░░▐█████
██████▄░░▄▄▄░░░▄▄▄░░▄██████
████████▄▄███████▄▄████████

███████████████████████████
███████████████████████████
▀█████████████████████████▀
BIRC
Jr. Member
*
Offline Offline

Activity: 61
Merit: 0


View Profile
May 07, 2018, 09:22:04 AM
 #4

I think there are some teams are already researching this. You can google "TTC" protocol/coin for similar info.
AurumService
Jr. Member
*
Offline Offline

Activity: 182
Merit: 0

AURUM.services - Auction on Blockchain


View Profile WWW
May 07, 2018, 09:36:05 AM
 #5

What is known is that Facebook does everything to block any ad concerning blockchain and cryptocurrency. It means that this social media isn`t ready for any cryptoactivities. Reasons? A lot of scammers, lack of legislature of cryptos...However, as time goes by the situation may change dramatically.

[ICO] AURUM.services - Jewellery and Watches Marketplace on Blockchain (https://bitcointalk.org/index.php?topic=3865577.0)
emanjun
Member
**
Offline Offline

Activity: 196
Merit: 10

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN


View Profile
May 07, 2018, 09:48:49 AM
 #6

What is known is that Facebook does everything to block any ad concerning blockchain and cryptocurrency. It means that this social media isn`t ready for any cryptoactivities. Reasons? A lot of scammers, lack of legislature of cryptos...However, as time goes by the situation may change dramatically.
You have a point but I think if facebook will accept bitcoin then there is a big possibility that bitcoin will become more popular than it seem. There a lot of reasons why bitcoin was blocked on social medias, one of the major reason why it is being blocked it is because there are people who made such ads to scam people.

           ﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏
☆═══━┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈━═══☆
≈ WORLD POWER PRODUCTION ≈


【 BACKED ASSET GREEN ENERGY TOKEN 】
☆═━┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈━═☆
davison2
Jr. Member
*
Offline Offline

Activity: 98
Merit: 0

Join Cashberry Coin!


View Profile
May 07, 2018, 10:19:16 AM
 #7

The blockchain technology definitely holds the solution to the security challenges that is faced by Facebook and other social media sites. It is no news how the blockchain technology has helped fight hacking and other security problems.
ManaMan
Member
**
Offline Offline

Activity: 238
Merit: 31


View Profile
May 07, 2018, 10:26:18 AM
 #8

It's not just to say let's do a blockchain to everything as this at sometimes doesn't even matter what type of "database" are you using for your data. Even without blockchain on centralized service you can guarantee pretty good privacy if you let users encrypt their data with their keys without revealing anything to you.

Let's look at steemit as it is widely used social media currently that uses blockchain tech it is not like facebook alike, more like blogging, video and that type of thing but it surely shows us the problem with transparency. Because there you can see every bodies information and see where are they moving money so for advertisers it makes it even easier to see what you are doing with your money and what they can do to make you shift that or something. So if you are going to do a blockchain based social network/media best is to build it in such a way that it keeps as much as information private.

Security is a serious concern for Facebook now as many people are worried about their personal data being used to influence market decisions and being sold off to third parties.

Lets be honest, many of us knew way back before recent events that it was highly possible that facebook did something like this with our data. And since everything is held on their servers they can see whats where....
FrueGreads
Legendary
*
Offline Offline

Activity: 1344
Merit: 1048


View Profile
May 07, 2018, 10:28:38 AM
 #9

https://www.forbes.com/sites/rachelwolfson/2018/04/18/cryptocurrency-and-blockchain-technology-could-help-facebook-recover-from-massive-data-scandal/

Most of us have heard of the recent Cambridge Analytica scandal with Facebook. What most people do not realize is that there is a solution that is right under their noses and its been in development for years now. Cryptocurrencies stand for decentralization and security. This is exactly what sites like Facebook need. Users are worried about there personal information being sold off; if Facebook adopted blockchain level data security all problems would be solved. It will be interesting to see how things unfold. What is everyone's' thoughts?

Good Luck Traders,
The Elysian Team

I agree with you, but then I guess that your title is wrong. Blockchain technology could help social media platforms like Facebook, but not cryptocurrencies itself. If they stored data in a decentralized way, I guess that nothing of this would happen. I do see a small problem with this. We all know that people say that what you say on the internet is stored forever, but this would probably be even more true, if social platforms text was stored in the blockchain. I mean, how would people delete their accounts this way, if they ever wanted to. They should have that right.

Odlanyer
Member
**
Offline Offline

Activity: 308
Merit: 10


View Profile
May 15, 2018, 06:57:48 PM
 #10

I think yes, because by promoting crytocurrency using social media many people have an interest to used bitcoin and the price and the investor get high because of lot of user.

bitart
Hero Member
*****
Offline Offline

Activity: 938
Merit: 577


Vires in Numeris


View Profile
May 15, 2018, 10:29:21 PM
 #11

What is known is that Facebook does everything to block any ad concerning blockchain and cryptocurrency. It means that this social media isn`t ready for any cryptoactivities. Reasons? A lot of scammers, lack of legislature of cryptos...However, as time goes by the situation may change dramatically.
You have a point but I think if facebook will accept bitcoin then there is a big possibility that bitcoin will become more popular than it seem. There a lot of reasons why bitcoin was blocked on social medias, one of the major reason why it is being blocked it is because there are people who made such ads to scam people.
It seems that both of you are missing the point... Facebook has banned cryptos because it wants to develop (or introduce if it's already developed) it's own crypto, to manage somehow the peer to peer small value transactions (fiat money, or it's own crypto, we'll see) inside it's system... So at first, they need to get rid of the competitors and after they will have more chance to introduce their crypto.

Heartbreakeren
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
May 16, 2018, 01:03:52 AM
 #12

It's all about info sharing and for social media sites to milk money from such communication. I won't be surprised if the next round of social media platforms will be shaped by blockchain tech rather than the other way around.
imyashir
Full Member
***
Offline Offline

Activity: 378
Merit: 108


Vanig.io - The Future of Shopping


View Profile
May 16, 2018, 01:04:21 AM
 #13

https://www.forbes.com/sites/rachelwolfson/2018/04/18/cryptocurrency-and-blockchain-technology-could-help-facebook-recover-from-massive-data-scandal/

Most of us have heard of the recent Cambridge Analytica scandal with Facebook. What most people do not realize is that there is a solution that is right under their noses and its been in development for years now. Cryptocurrencies stand for decentralization and security. This is exactly what sites like Facebook need. Users are worried about there personal information being sold off; if Facebook adopted blockchain level data security all problems would be solved. It will be interesting to see how things unfold. What is everyone's' thoughts?

Good Luck Traders,
The Elysian Team

The future of facebook in crypto currency will be great. Facebook security is going to be fine because there are solutions in facebook so far we know facebook is now involved in illegal activities, scams, fraudster etc. Now Facebook in Blockchain when it comes together will be security of the identity information of facebook users ,, Just take a look at the next step of facebook.

paul gatt
Hero Member
*****
Offline Offline

Activity: 784
Merit: 500


🤖UBEX.COM 🤖


View Profile
May 16, 2018, 02:11:42 AM
 #14

Facebook is a social network that communicates quickly to everyone in the world. But not all information is accurate. It is important to have quality control when reading information on the face. Face can help transmit bitcoin quickly.


.GLOBAL DECENTRALIZED ADVERTISING EXCHANGE.

Token sale: MAY 21

                                  ▄█▄      ▄█▄        
                                 █████    █████       
                        ▄██▄     ▀█▀      ▀█▀        
                ▄█▄    ▀██▀                           
         ▄     ▀█▀                        ▄█▄        
        ▀█▀                      ▄█▄     █████       
                        ▄██▄    █████     ▀█▀        
   ██          ▄█▄    ▀██▀     ▀█▀                  
         ▄     ▀█▀                        ▄█▄        
        ▀█▀                      ▄█▄     █████       
                        ▄██▄    █████     ▀█▀        
   ██          ▄█▄    ▀██▀     ▀█▀                  
                ▀█▀                                    
          ▄                      ▄█▄      ▄█▄        
         ▀█▀           ▄██▄    █████    █████       
   ██          ▄█▄    ▀██▀     ▀█▀      ▀█▀        
                ▀█▀                                    
           ▄                      ▄█▄     ▄█▄        
          ▀█▀            ▄██▄   █████   █████       
    ██            ▄█▄   ▀██▀    ▀█▀     ▀█▀        
             ▄    ▀█▀                                 
            ▀█▀                         ▄█▄           
       ██              ▄█▄   ▄██▄    █████          
                  ▄    ▀█▀   ▀██▀     ▀█▀           
                 ▀█▀                                   
            ██                   ▄██▄                 
                    ▄     ▄█▄   ▀██▀                 
                   ▀█▀    ▀█▀                          

▄█   ▄█  ▄█        ▄█████▄   ▀█▄     ▄█▀
██   ██  ██▄▄▄▄▄   ██▀   ▀██    ▀█▄  ▄█▀
██   ██  ██▀▀▀▀██  ██▀▀▀▀▀▀▀      ████   
██   ██  ██   ██  ██▄   ▄█    ▄██▀▀██▄   
▀██████▀  ▀██████▀  ▀███████▀   ▄██▀   ▀██▄
Telegram
Facebook
ANN Thread
Youtube
LinkedIn
Twitter
Medium
Reddit
Github
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!