Topic: What will happen when facebook gets replaced by blockchain?? - page 2. (Read 351 times)
Facebook is a social media where people can post and share their thoughts because of freedom of speech, but blockchain talks about money, if blockhain replaced Facebook then all data should be transparent to the devs, but the good thing is everybody will be able to know and connect through blockchain technology. However, Blockchain will be abuse by the government for sure if it would be the replacement of Facebook.
Is there even and relation between Facebook and blockchain? One's a social network while the other is a piece of technology which is highly advanced. If you're talking about a social network project in the crypto world, there have been a few and the standout one in my eyes was 'Social' which had a lot of good things going their way.
There's no relation of course, and I don't think OP was trying to make one. But blockchain as can be seen has been making inroads into every damned industry we can think of. But there IS a huge difference to me between simply making social networking on blockchain, which is what a lot of projects are doing, and using blockchain to guard data privacy (which is an application that is cross industry).
I don't think anyone actually has a project that truly looks at this. Data privacy laws in the US are old, even if they think they're modern.
That would be a great innovation if ever facebook changes to blockchain technology instead wasting our time and being exploited by it. In sharing, liking and uploading personal data. We can actually gain from it through a reward like in bitcoin mining where users receives reward from mining block, facebook can also do the same when users likes a photo or comments or share files he gets rewarded and earn something.
Is there even and relation between Facebook and blockchain? One's a social network while the other is a piece of technology which is highly advanced. If you're talking about a social network project in the crypto world, there have been a few and the standout one in my eyes was 'Social' which had a lot of good things going their way.
Circumstances are pushing Facebook to take the technology of the blockchain to continue operating.
The project as you mentioned; Algebraix, is nothing compares to Facebook. Cause the project you mentioned is just for advertising, unlike Facebook which is a social platform coupled with other purpose. If Facebook is replaced by a blockchain technology or something similar to that exist, then it will be a good thing. Good ICOs can use them to advertise their projects and probably likes might earn one coins.
I have read today stating Facebook gonna launch their new ICO and new coin in the market. I do not think they having blockchain left on the distributed open ledger.
If you use the private medium network means it will be able to transacting the cryptos with in that ledger itself.
Hope Facebook would not compete the blockchain at anytime.
The project as you mentioned; Algebraix, is nothing compares to Facebook. Cause the project you mentioned is just for advertising, unlike Facebook which is a social platform coupled with other purpose. If Facebook is replaced by a blockchain technology or something similar to that exist, then it will be a good thing. Good ICOs can use them to advertise their projects and probably likes might earn one coins.
If facebook is replaced by blockchain that will be great news for everyone because people will be making with the time they spend on social media either directly or indirectly.People can take part in bounties and advertise about cryptocurrency to their followers to attract investors whiles getting paid for their services.This will help to deal with unemployment to a minimal level.Yes this is possible and the future is very bright for cryptocurrency.
I'm really curious to see how facebook is going to spin their recent scandal. There have been some really good projects popping up that emphasize data sovereignty of personal data.
My recent favorite is Algebraix. Permission-based advertising platform where you get paid to watch ads and disclose info relevant to advertisers, all the while keeping your personal data private. https://algebraix.io/
I really think it's time we end data exploitation. I'm very excited for projects like algebraix and the implications they have for privacy/micro-rewards for the future. Thoughts?
My recent favorite is Algebraix. Permission-based advertising platform where you get paid to watch ads and disclose info relevant to advertisers, all the while keeping your personal data private. https://algebraix.io/
I really think it's time we end data exploitation. I'm very excited for projects like algebraix and the implications they have for privacy/micro-rewards for the future. Thoughts?
Even after the Facebook scandal about data, a whole lot of people didn't know except people.conversant with recent happenings in the news which means only the few that are current would want to consider switching to another platform other than Facebook. Facebook would still remain relevant, all we need is to be more careful on the amount of information we share on social media and they have been made to be responsible for their lapses. I don't now know what else we really wanted.
I'm really curious to see how facebook is going to spin their recent scandal. There have been some really good projects popping up that emphasize data sovereignty of personal data.
My recent favorite is Algebraix. Permission-based advertising platform where you get paid to watch ads and disclose info relevant to advertisers, all the while keeping your personal data private. https://algebraix.io/
I really think it's time we end data exploitation. I'm very excited for projects like algebraix and the implications they have for privacy/micro-rewards for the future. Thoughts?
My recent favorite is Algebraix. Permission-based advertising platform where you get paid to watch ads and disclose info relevant to advertisers, all the while keeping your personal data private. https://algebraix.io/
I really think it's time we end data exploitation. I'm very excited for projects like algebraix and the implications they have for privacy/micro-rewards for the future. Thoughts?
Even after the Facebook scandal about data, a whole lot of people didn't know except people.conversant with recent happenings in the news which means only the few that are current would want to consider switching to another platform other than Facebook. Facebook would still remain relevant, all we need is to be more careful on the amount of information we share on social media and they have been made to be responsible for their lapses. I don't now know what else we really wanted.
guys read into what the OP is actually saying. I looked over the algebraix project and I see lots of potential behind their idea: permission-based advertising meaning that we as consumers get paid to watch ads while keeping our data safe/being exploited. I think this is going to be huge as data will be the oil of our future economy.
I wouldn't sleep on reading about them - https://algebraix.io/
they also have their sale going on right now via SAFT
I wouldn't sleep on reading about them - https://algebraix.io/
they also have their sale going on right now via SAFT
that is actually cool and definelty better than facebook because facebook doesnt even pay us to view their ads on their site and also our privacy or data is also being exposed continuosly to the other website or any other shady business. if someone could invent a social media like facebook but with the ability to use blockchain and crypto in order for us to earn an incentive , then that could possibly beat and replace bitcoin immediately. Blockchain is indeed a verry powerful technology that can transform the way we used the internet.
Can that really happen that facebook can be replaced with blockchain. What could happen maybe that facebook may have a full adoption of bitcoin and cryptocurrency when the adoption issues are resolved.
guys read into what the OP is actually saying. I looked over the algebraix project and I see lots of potential behind their idea: permission-based advertising meaning that we as consumers get paid to watch ads while keeping our data safe/being exploited. I think this is going to be huge as data will be the oil of our future economy.
I wouldn't sleep on reading about them - https://algebraix.io/
they also have their sale going on right now via SAFT
I wouldn't sleep on reading about them - https://algebraix.io/
they also have their sale going on right now via SAFT
If cryptocurrency becomes popular enough Facebook would probably choose to adapt to the trend rather than risk becoming obsolete
I think this is not gonna happen because we all know the function of bitcoin and facebook are not relevant to each other. I don't see any reason why blockchain will replaced bitcoin. In terms of advertising of securing the data on facebook I think using blockchain is a good thing but of course facebook will not replaced by anyone easily.
When you sign in to any social network or any platform, there's a user-end agreement. And all of the terms there are in favor of them and assume and expect that your data will be saved in their database for the sake of ad-network. They have to through ads while using those data's that they have gathered from their users while giving them free service. Algebraix is just going to be another altcoin so there's nothing new with it.
If cryptocurrency becomes popular enough Facebook would probably choose to adapt to the trend rather than risk becoming obsolete
I'm really curious to see how facebook is going to spin their recent scandal. There have been some really good projects popping up that emphasize data sovereignty of personal data.
My recent favorite is Algebraix. Permission-based advertising platform where you get paid to watch ads and disclose info relevant to advertisers, all the while keeping your personal data private. https://algebraix.io/
I really think it's time we end data exploitation. I'm very excited for projects like algebraix and the implications they have for privacy/micro-rewards for the future. Thoughts?
My recent favorite is Algebraix. Permission-based advertising platform where you get paid to watch ads and disclose info relevant to advertisers, all the while keeping your personal data private. https://algebraix.io/
I really think it's time we end data exploitation. I'm very excited for projects like algebraix and the implications they have for privacy/micro-rewards for the future. Thoughts?
I think you got it wrong, there's no correlation between the recent scandal about Algebraix and Facebook and Blockchain. But regarding the scandal, yes its a big thing because Facebook has been telling us that they are really protection our privacy. But when the scandal broke, everyone is really questioning their capacity to provide us data security. Maybe there's where blockchain can enter, specially private ledger, its gonna be hard to compromise and even tampered with, this is one nature that every social media should take advantage of so that a data breach is more likely not gonna happen and we are going to be a happy customer.
What?!?! I think there's a huge correlation: data exploitation.
I looked into what algebraix is doing and they're preventing that while providing micro-rewards to consumers. While algebraix focuses on the advertising aspect, the data exploitation part is very relevant.
There is no way bitcoin can replace Facebook because Bitcoin is not a social media platform,it's just like saying phones would replace chairs but so far,Facebook has been waging a war against cryptocurrency ads.
Actually Google is the one creating its own blockchain right! I hope op has confused everyone. Let him confirm or lock this thread. As you said Facebook is not competing bitcoin at all.
Many spammers in this forum just create a worst threads this forum.
May be as day goes we will find this thread spamyard. Hope op will lock it earlier.
So, the problems and problems are very serious about facebook but every problem there will definitely be a solution because both run and need each other, maybe more appropriate need technology and renewal more suitable for now.
If you are referring to the data of facebook to be in a blockchain, there is a possibiliy, however there is a huge amount of data that they need consider, which I think will become more contreversial wehen a breach happens, if we considere what had happened to facebook, wherein people have their own discretion on how to protect their data, yet there are outside factors that had given away their data, but when it comes to blockchain, just like what they are doing in healthcare now, insurance companies are sharing information of their members, in case they would want to transfer from their health insurance to another, in a way will also violate their rights. For facebook, if they will use.blockchain technology, it will be faster, however, those who owns the data, should create more advanced security and not just depending on their account passwords.
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