Is #blockchain Social Network The Answer to Securing User Data Online?
▻https://hackernoon.com/is-blockchain-social-network-the-answer-to-securing-user-data-online-3e5
Data breaches, especially those associated with social media, have attracted their fair share of headlines in recent years. Yet, if there has been one winner to arise from the wreckage, it’s the reputation of blockchain as a method to secure user data.To date, blockchain technology has gained a lot of attention due to its ability to establish secure transactions using smart contracts. One of the latest incidents of information theft has wiped $40 billion off the value of Facebook in light of a scandal which exposed the personal data of tens of millions of users. Mark Zuckerberg’s social behemoth joins the likes of Yahoo, eBay and Equifax in facing a severe data breach over the last five years. But can blockchain social network become the panacea for safeguarding those in the firing line: (...)
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