INTRODUCTION
Good day everyone, hope you're doing great?
Blockchain is changing the world of social media. Social media has changed quite a bit over the years, but with technologies like blockchain, we are now seeing a large shift in how businesses interact. The trend of social media platforms becoming centralized will be halted by Blockchain technology and open source applications such as Hive Platform.
Blockchain technology has gained popularity because of its ability to circumvent centralized organizations and their involvement in the financial industry. But it also has a great potential for social media, which is why blockchain companies like Hive Platform, who offer an intuitive and user-friendly interface, will shape the future of social media.
Blockchain is the new buzzword in the world of social media and is poised to shape its future. Just like with any other modality, it has evolved over time, which in turn has shaped how people communicate themselves on social media — be it through text messages, instant messaging apps or by posting pictures on Instagram. The emergence of blockchain technology is perhaps one of the most significant changes that social media has faced during its time. The way we interact with our friends and loved ones on social media is changing. With blockchain opening the door to a more transparent world via digital record keeping, there's no reason why it shouldn't be the same for social media. If you’re thinking that the idea of Blockchain isn’t relevant to Social Media Marketing, think again. With proof-of-concepts now available for Blockchain Social Networks, we are moving into unchartered territory.
1. What is Blockchain?
Blockchain is a distributed ledger technology (DLT) that makes it possible to create a trusted database of transactions across many computers. A blockchain database contains a list of all the transactions that have ever occurred on it, and each new transaction must be verified by the network in order to be added to the ledger. The verification process is called consensus, and it requires that each computer on the network agrees to accept new information as valid.
Blockchain was created by Satoshi Nakamoto in 2008 as an alternative to traditional databases such as MySQL. The idea behind blockchain is to eliminate the need for a trusted third party in transactions between two people who don't know each other very well. Instead, they can exchange information with complete trust in its validity because they both know what's already on their end of the transaction, which eliminates any opportunity for tampering or fraud.
Blockchain technology has applications beyond money transfer: governments are exploring ways to use it to create digital IDs, while banks are investigating how they might use it as an alternative to SWIFT transfers or other payment systems.
Blockchain is a technology that enables the creation of decentralized applications. It allows people to create smart contracts and transacting directly with each other without any middleman.
With blockchain, financial transactions are recorded as blocks on a shared ledger. Every block contains data such as the transaction data, timestamp, and the hash of the previous block in the chain. The blockchain then links all blocks together in a chain that cannot be changed or manipulated.
2. WHAT IS HIVE?
Hive is a blockchain-based platform that provides access to the world’s most advanced data analytics technologies. It’s designed to make it easier for businesses to make decisions and implement them with confidence.
The Hive Platform Features:
Hive Connections – Connecting applications, databases and other distributed ledgers (DApps) has been challenging for developers because of their disparate nature. The Hive Platform solves these challenges by combining the needs of multiple distributed ledgers into one easy-to-use interface.
Hive Data – Data on the Hive Platform is divided into three categories: private, public and hybrid, which includes both private and public data sets on the network. Private data sets are encrypted and stored in a decentralized manner, while public data sets can be accessed by all users on the network through the HIVE token payment system. Hybrid data sets allow users to exchange information between different blockchains with minimal effort or cost.
Hive is a blockchain-based platform that allows businesses to create, trade and manage digital assets.
Hive uses a stablecoin, the HBD token, as its native currency. The goal of Hive is to be the most accessible and user-friendly wallet available. The Hive app offers smart contracts and decentralized applications (Dapps) on top of the Ethereum blockchain.
The Hive token (HBD) will be used on the platform in order to make transactions faster and more secure. Users can pay for purchases with cryptocurrency or fiat money.
Hive is a marketplace for buying and selling digital goods. It's a place where you can buy, sell and trade virtual goods such as stickers, avatars, pins and more.
Hive is powered by blockchain technology and smart contracts, which means that everything you do on the site will be recorded on the blockchain. This means that you are in complete control of your data and identity at every point.
Hive was launched in April 2018 by Hive Labs Pte Ltd and is currently available in Singapore only.
3. THE HIVE PLATFORM
The Hive Platform is a next-generation digital asset management platform that uses smart contracts to enable the trading and storage of digital assets on the Ethereum blockchain.
The Hive platform will provide an easy to use interface for users to buy, sell, and store their digital assets. The Hive platform integrates with web3 javascript libraries and web3 frontends (e.g., Metamask, Mist) enabling seamless integration between the user's wallet, the Ethereum blockchain, and the natively built DApp (decentralized application).
The Hive Platform has been developed by ConsenSys, a company founded by Joseph Lubin in 2015 to create tools for blockchain-based applications. The Hive project was announced at Devcon2 in October of 2017 as part of ConsenSys' broader effort to promote Ethereum-based technologies.
How Much Can You Make on the Platform?
The amount of money you can make from the Hive platform depends on a few factors, including how much time and effort you put into it. For example, if you have a good understanding of your target audience and how they shop online, then you can start earning money in no time.
If you are an experienced marketer who has been building websites for years, then it will take some time before you start seeing significant results from your efforts. However, if you have an existing website with an established audience and high-quality content, then this is a good option for making money online as well.
It's All About The Traffic
The most important thing that people need to understand about making money with Hive is that it doesn't come easy. If you want to make any kind of impact in the world of ecommerce marketing, then you need traffic — lots of it! This means creating content that people want to read and share with their friends and family members.
4. DLive, DTube, Partiko, AND OTHER APPS TO EARN HIVE.
Hive is an open-source video platform that allows you to create and distribute your own videos. It's a great way to get started with video on the blockchain, and it has a wide range of features that make it easy to use.
Here are some of the best apps that work with Hive:
DLive (https://dlive.co/) - This app lets you broadcast live streams and build up an audience.
DTube (https://dtube.video/) - You can use this app for live streaming or for creating videos about anything you like, including cryptocurrency topics like Bitcoin.
Partiko (https://partiko.com) - The Partiko app is all about creating YouTube-like video content in the form of stickers, photos, and GIFs.
Conclusion
In conclusion, Hive Platform is a revolutionary solution to make your life easier. It is the first project that combines blockchain and data science in one place. The platform has various features, such as:
Hive Blockchain (HBC) - an open source blockchain that can be used by anyone to build decentralized applications (DApps) on top of it
Hive Data (HDN) - a decentralized network for storing and distributing data under the control of users
Hive Token (HVT) - a utility token used within the ecosystem to pay for services provided by other parties.
The Hive platform is a blockchain-based social media network that acts as a decentralized hub for all types of content, from videos to audio recordings and written articles.
The platform has its own token, called the HIVE token, which can be used to access various features on the platform and pay for them using cryptocurrency or fiat. This includes things like premium content, advertising and even the ability to hire editors and translators.
In addition to being able to buy HIVE tokens with other cryptocurrencies, users can also trade them in exchange for legal tender or other cryptocurrencies such as bitcoin (BTC).
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