Image taken from source listed above.
Social media and blockchain technology, I love it. As we've seen here at Steemit, social media and this new fangled tech called blockchain can really grow together. I've learned myself that some of the users on Steemit aren't even familiar with other coins, some don't even really know about Bitcoin, as crazy as that sounds, I know. BUT, it's true!
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"By decentralizing corporate social media, Blockchain technology removes the hub responsible for censorship and privacy leaks.
Social media on a decentralized peer-to-peer ledger would allow users to interact directly with each other. Because the information is on the Blockchain, it would be completely secure, eliminating the issues of privacy.
Further, moving social media onto the blockchain would allow for decentralization, creating a censorship-free platform where users could express themselves without corporate governance. Such a system would bring to fruition what social media set out to be."
source: https://cointelegraph.com/news/blockchain-making-private-censorship-free-social-media-platforms-possible
THIS. I could not agree more with the writer of this article. Social media is too censored and centralized. The opposite of what it is truly meant to be. There are a few platforms that will be around, competition is good! Remember that!
Now the next part of the article I'm focusing on is a spotlight of my personal favorite project of Synereo AMP!
"Blockchain is also decentralizing how we ‘pay attention’. The attention of consumers is at a premium. Advertising agencies, websites, and social media are all clamoring for traffic in order to boost revenue, while users are left with few options to monetize their content.
Centralized systems keep profits from consumers’ attention, while the users themselves are unable to find ways to monetize their content apart from selling ad space. The content itself is owned and leveraged by the centralized platform.
Blockchain technology may offer a simple solution to this problem as well. By creating a platform that allows users to interact with each other instead of through the hub, platforms like WildSpark.me from Synereo are pushing profits back to the user.
By creating internal tokens, these new Blockchain platforms are designed to incentivize users and remove censorship. Consumers are completely in control of what they share and how they profit from what they’ve shared.
Blockchain technology’s ability to replace centralized corporations with machines and spread both content and profit to users may well create a perfect storm for new social media disruption."
source: https://cointelegraph.com/news/blockchain-making-private-censorship-free-social-media-platforms-possible
There's more to the article(linked at the top), but these two portions are what I really took out of it. Definitely a good read if you wanna know what else was said about blockchain and digital crime! Highly recommend you check out Synereo AMP if you haven't already! Home of the beta is Https://wildspark.me. Look forward to seeing you there!
If you'd like, here's a good song that I went ahead and AMP'd, it's a surprise. ;)
https://l.wildspark.me:8000/B1KANUWuZ
Also check out this article on FORBES! https://www.forbes.com/sites/steveolenski/2017/08/09/will-blockchain-reinvent-social-media/#122e6ab83ec1
Thank you for reading! Much love!
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