The state of social media is broken. The majority of today’s users depend on centralized platforms like Facebook to consume and share content, and as a result, data privacy concerns are reaching the mainstream. Yet Mark Zuckerberg’s recent congressional hearing reflects not just the fact that there was a data breach, but the implications that come with the content which users share and consume on Facebook. For example, during the hearing, Zuckerberg claimed that everyone consents to giving Facebook their data, despite also saying that Facebook tracks non-users for reasons of “security” and commercial purposes, such as targeted advertising. ThePowered by WPeMatico
Esports – also known as electronic sports – is a form of competition using video games that are played online. Most esports games consist of organized, multiplayer video game competitions between amateur, novice and professional players. Esports is one of the fastest-growing digital markets, with a 33% annual growth rate. Last year, the global esports industry was valued at nearly $500 million. Future projections indicate that revenue for the global esports market will reach $1.65 billion by 2020. And esports will have over 1 billion enthusiasts and viewers by 2023, which will be one-third of all gamers, making it one of
The way in which news is disseminated to the public these days is highly biased. This is because mass media is under the control of a few conglomerates which have exclusive control as to what information is worthy of printing and publishing. As a result, we now live in a world that is replete with click-bait and tinted articles. Snip is an all-new decentralized news platform that is powered exclusively by its community of supporters and users. Anyone can use the service and publish news stories and articles that matter to them. Contributors are duly rewarded with native currency tokens depending upon the popularity
Binance will partner with local organizations to create thousands of jobs for Ugandan youth. Announcing the initiative through his Twitter page, Binance’s founder and CEO, Changpeng Zhao, said Binance hoped to help youth in Uganda take advantage of emerging opportunities in the blockchain industry, which he referred to as the fourth industrial revolution. Binance will partner with, among others, the Made In Africa Initiative and Msingi, organizations that promote industrialization in Africa. The Industry’s Growing Charitable Nature This is just the latest act of charity from a cryptocurrency-related firm. Binance is the world’s largest crypto exchange, with a daily transaction volume
The following opinion piece was written by Jonald Fyookball. The bitcoin cash (BCH) community understands key principles: Bitcoin should be a peer to peer Electronic Cash system; most users can use SPV wallets instead of running their own node; “second layer” scaling solutions are often unnecessary and problematic. While important, and it places the BCH […]
You may have guessed from the title that creating a successful token ecosystem is hardly like baking a cake. There isn’t a step-by-step recipe to follow, after which point your ecosystem is golden brown and ready to take out of the oven. A tokenized ecosystem has to be built over time, and in order to be successful, it requires the continued and growing participation of its community. Tokenization is, in fact, the main aspect of blockchain technology that enables the transfer of value over cyberspace. Tokens create the liquidity and fluidity needed to connect products and services over geographies while breaking barriers
Smart contracts can offer a lot of functionality in the years to come. Right now, it is all about perfecting the technology and discovering new use cases. DocTailor may check a lot of the right boxes in this regard, as it aims to become a self-customizable, legally binding smart contract platform. Finding More Use Cases for Smart Contracts At first glance, DocTailor looks like a pretty interesting project. Legal smart contracts are of great interest to people all over the world, even though accessing this technology on a wide scale has not been possible as of yet. DocTailor may be one
We hear a lot about wallets and exchanges being hacked. And about ICO scams and unfortunate investors waking up to zero balances. Investing in the crypto space is scary. The prospect of losing money is scary. But what about losing data? As Equifax so monumentally demonstrated, having one’s personal information wind up in the hands of hackers is no walk in the park either. So, would using blockchain make us any safer? If this is the technology with the potential to store the world’s data, how do we know it won’t be stolen by cyber criminals as well? And if blockchains
Dark clouds have hovered over the cryptocurrency universe for most of this year. Having risen to record highs in the last few weeks of last year, it was widely expected that cryptocurrencies would maintain their market values and even rise higher. Many analysts went on TV shows and predicted that Bitcoin’s price would approach $50,000 by the end of the first quarter, and the market supported those predictions. Anything But Rosy However, the market has been anything but rosy for cryptos since the year began. For the last three months, Bitcoin has been battling to stay above $7,000, and the other cryptos haven’t done
Studies have shown that over 15.4 million individuals in the United States alone faced issues related to identity fraud and theft in 2016. Not only that, in the same year it was reported that 1.1 billion digital identities of internet users across the globe were stolen by hackers. Civic is an all-new blockchain-based identity verification (IDV) platform that provides users with on-demand, secure and low-cost access to digital privacy services. Through its unique system, Civic is able to eliminate the need for recurring background and personal information verification checks that are undertaken every time a new institution requires such a protocol to