Category: Congress

The recent Facebook congressional hearings on the (mis)handling of customer data has impassioned many of its users. The hearings themselves made a few things clear, and the public response shined light on a growing trend in a blockchain world: people want greater control over their data. Congressional Facebook Testimony Underscores Need for Blockchain Technology The facts are these: Facebook makes its money through ads, and those ads are worth more money if Facebook can provide information (freely offered by its users through a Terms of Service that they didn’t read) to tailor those ads. I can’t blame Facebook for wanting to make money;