More and more people are realizing how powerful data is and need to be protected. Data is the new oil, and companies like FB and amazon are the new petrodollar oil champions in the world. Fortunately, blockchain provides a reliable way to break these islands of data and create a world in which data can be liberated by sharing data while still maintaining the same ledger or its original ownership, allowing creators to be rewarded.
I agree that ownership of data can be controlled, recorded and tracked with
blockchain but only in certain types of data. The stuff posted on social media
is posted by people who either dont care about ownership or realise they
sign away the rights to what they post.
More and more people are realizing how powerful data is and need to be protected. Data is the new oil, and companies like FB and amazon are the new petrodollar oil champions in the world. Fortunately, blockchain provides a reliable way to break these islands of data and create a world in which data can be liberated by sharing data while still maintaining the same ledger or its original ownership, allowing creators to be rewarded.
Data is really very important in modern times now. There are tools that can look at our data and know how we are. That's why advertising campaigns are becoming more and more popular because it meets the needs of the people who need it through our personal data.
The most important link in the chain. Is "humans". We are just as important
as the data because social media needs us to point their advertising at.
We are the product of social media, not data.