Bringing the trust back: how blockchain enhances social networks?

Millions of people stay close to each other with the help of social networks, even if they’re hundreds miles away. Facebook, Instagram, Twitter and other platforms form an integral part of users’ lives. Facebook only processes over 136,000 photos and 510,000 comments every minute! But does our personal data actually remain personal?

Not long ago the world was struck with Facebook data leak scandal. Over 87 million users learned that their personal data was shared with Cambridge Analytica. It included public profiles, page likes, birthdays and current cities. The biggest hypocrisy was that Facebook discovered that the information had been harvested in late 2015 but failed to alert users at that time. As a result, only government of the United Kingdom fined the platform with £500,000 for not protecting user data. Still, it is very unlikely that this “punishment” can satisfy Facebook case victims — their stolen information can never be retreated.


Read the article on our Medium and see how blockchain brings back the user's trust!