Social networking has turned into an essential part of our day-to-day lives. According to Statista, it was estimated that in 2019, there will be further than2.77 a billion social media addicts worldwide.
The prolusion of blockchain in social media will be able to crack essential problems related to sequestration violations, notorious dishonors, data control, and content applicability. Hence the blending of blockchain in the social media area is another arising technology trend.
The performance of blockchain in social media will ensure that all the published data in the social media sphere remain untraceable and can't be duplicated, indeed after its elision. Also, druggies will get to store data more securely and maintain their power. Blockchain technology ensures that the power of content applicability lies in the hands of those who created it, rather than the platform holders – thus making druggies feel more secure.
What's Blockchain Social Media?
Blockchain Social Media are decentralized networking platforms made up using blockchain protocols/ platforms that allow the development of operations and smart contracts.
Image source: Google
Blockchain-grounded social media platforms support social networking, content sharing, and indeed blogging, but being decentralized, they enable end-to-end encryptions for every relation. Also, ultimate of them, support certain features typical to the Blockchain ecosystems
- Perfecting the chances of social commerce
- Drop-in frauds of announcement
- Enhanced Data Security
- Less scalability
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