The issue of trust has come to stay in this digital age, and the social platforms of today have done nothing in making sure users are really who they say they are behind their social handles, trust is now a basis of life as no form of business will be successfully carried out without it.
AN OVERVIEW
The social networks of today have offered a poor form of user verification when it has to do with users trust on their platforms and that has been because there has not been a good form of verification done on these social platforms, therefore there is no means by which to know who is behind a user profile for all you know it could be a 20 year boy asking out a 60-year-old woman with the pretence of him being 55 years old, but I guess today's social network owners do not really care who is behind every profile as they keep making their money anyways, the more profiles they have, the more false and genuine user data they have to sell or give out for ads.
Facebook, Instagram and many other social networks have failed in building users trust in this fashion, and even with the increasing rate of online fraud they still do not intend building a system where every user is verified.
Today, however, I have found us a hail Mary to our problem and it is built on the blockchain which has proven to be a transparent form of transaction so far.
INTRODUCING SOCIALCHAIN
Social chain is a social network being built on the blockchain which will create a trust-based community that will be made up of verified users.
CHALLENGES ASSOCIATED WITH EXISTING SOCIAL NETWORK
Listed below are a few of the problems which have plagued the social network platforms of today.
- Fake Users: users which are available in social media platforms today are not verified, a majority of them lack a proper verification system, therefore, it permits fake profiles to exist all over social media platforms which leads to distrust amongst users and leads to an inefficient ad service.
- Centralized wealth: a few companies have assumed continuous control of an increased portion of the growing social media network and as a result of that, users whose data the industry profit from are not rewarded at all by the system.
With the emergence of social chain, all users in the platform will be subjected to verification before they are given access to the platform, the verification process will require the collection of the following details from members
- Name
- Phone number
- Email address
- State issued photo ID
- And a picture for facial recognition
The platform will also distribute social wealth by rewarding verified members with a portion of their token which is used as a means of monetary transaction on the platform and also rewarding them base on their activities of the social chain platform.
Social chain will be using the blockchain to give users charge over their data with the opportunity to monetize it if they choose to, thereby eliminating the use of middlemen who make profit from selling user data.
The social chain platform will be using dual blockchain settings of private and public blockchain which will enable for privacy and flexibility.
Other key features of the social chain platform will include;
- Full suite customer relationship management
- Powerful social media features by integrating Twitter feeds into user accounts.
- Decentralized contact database management
- Contact relationship application
With social chain, businesses and individuals will experience a whole new dimension of trust and a reward mechanism far exceeding that of its predecessors and competitors. It is a platform worth partnering with and I will advise you to partner with this platform via its ICO which is presently ongoing. For more information about SOCIALCHAIN PROJECT and its ICO please visit the links below:
[ Website | Whitepaper | Announcement Thread |
| Facebook | Twitter | Telegram ]
Writer: Sorento
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1910177