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Tag: blockchain

Myth or Fact: How Blockchain is Impacting Social Media

Posted on by in Social Media

Something is going wrong in the world of social media. Such companies as Facebook and YouTube are leaders in this sphere, and it’s impossible not to notice new scandals and questions that shake these companies from the inside.

impact-blockchain-on-social-media

Social media is a perfect business model. These companies earn millions of dollars by selling ads, and they collect all the possible information about users, which makes this business so successful. Using complicated algorithms, social networks monetize content by selling ads based on users’ interests. Of course, Facebook keeps claiming that they put the privacy of their users first, but the scandal around Facebook and Cambridge Analytica proves the opposite. Read more…

Blockchain Technology – 15 Things You Need to Know About

Updated on by in Cryptocurrency

The CEO of IBM, Mr. Ginni Rometty said that “What the internet did for communications, blockchain will do for trusted transactions.” The truth of this statement is yet to be established as we are still in the midst of the development of blockchain technology. But it can easily be said that with the impact it is having on the economic and social structure of ours the impact will be enormous. The matter is still a debatable one and that is leading to various concerns both positive and negative about such technology. Over here we are going to break down all that should be known about blockchain technology.

blockchain-technology

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Bitcoin Hard Fork – Everything You Need To Know About

Posted on by in Cryptocurrency

Who doesn’t know about the famous cryptocurrency that has taken the world by storm? If you are someone who was resting in a cave and perhaps lacks the knowledge on Bitcoin, it is internet money, a digital currency that came into existence in the year 2009 by an anonymous person that uses an assumed name Satoshi Nakamoto.

bitcoin-hard-fork

Bitcoin eradicate the use of banks as it operates electronically. Therefore, it cannot be printed and can be used for various online activities. Bitcoin doesn’t thwart you from getting your hands on any kind of stuff. It is invented to make our life more simple, efficient and productive. Read more…