The time has come to revamp social media because of the security risks it poses to users. When you browse online, do you ever feel that you’re being bombarded with advertisements for something you’ve been considering buying but can’t recall ever discussing with anyone? It’s the internet that performs digital profiling of each user by gathering and analyzing digital data through social media accounts. However, if enough safety measures aren’t taken, confidential and private data may be compromised.
According to estimates, Facebook alone will have approximately 3 billion users in 2022. According to Statistica, there are close to 4 billion active users across all social networking platforms. It includes established giants like LinkedIn and Twitter and relatively new services like TikTok and Truth Social. However, concerns about the potentially harmful effects of social media are growing. A key feature of blockchain technology is its emphasis on data privacy and the integrity of users’ data. Blockchain technology has the potential to improve the transparency of social media.
What A Change: From Early Internet To Cryptocurrency And Now Social Networking On Blockchain
When 2000 rolled around, only 300 to 500 million people were using the internet worldwide. It is a drop in the bucket compared to the projected 5 billion active internet users in 2022. The advent of various types of social media over the last two decades has been primarily responsible for the meteoric growth in the global population of people who use the internet. Since the internet of the 2000s, we have seen an incredible progression from cryptocurrencies to blockchain-based social networks. Due to blockchain technology, strong social apps that can operate indefinitely without downtime are now feasible. In this way, blockchains can be used to facilitate the development of censorship-free, secure, and user-controlled social media networks.
Verification Of Users And Data To Improve Discretion
Nothing in today’s Internet Age is more dangerous than the spread of false information. Data manipulation can be stopped in its tracks by employing a decentralized ledger system. Blockchain technology may enable social media platforms to be more direct. If social media networks were more transparent, they might even be able to win back skeptical users.
Ownership Of The Self-Created Content
Unlike private accounts, the information we provide on public social media accounts is rarely secure. Our social media posts may be seen by anybody, anywhere, globally. They may steal our ideas and then pass them off as their own. Unfortunately, this has caused some individuals to lose credit for which they were otherwise eligible. A blockchain-enabled social media network gives users complete editorial freedom over their material, and users may be rewarded in various ways for their participation and content.
Obsessively Checking News Feed To Prevent False Reports
Social media broadcasts false news often. This kind of article often misleads readers into thinking about something that didn’t actually happen. By adopting blockchain-based social media platforms, users can be confident that their feeds will always include only reliable news and stories.
