Will Blockchain Reinvent Social Media?

Social media is everywhere Large players in the industry take billions of users and claim heavy layers of data and content. These days, however, possibly due to the rise of Blackben, social media may be a major change.

Facebook, Twitter, Instagram and others spent a better part of the millennium growing up in irregular rates, users have recently started abandoning social media accounts, selecting a single account or having no social media. Psychological welfare reflects a common misdeed among pre-fans, and it seems that loyal social media addicts are also starting to raise dissatisfaction with food pictures of political issues and long hierarchies.
Users who take social media seriously and produce quality content, they found that all the hard work is done on the forum, they are not getting any financial benefits, and some millions of choices in the form of compensation And a moment of fame Instead of content creator on social media, the stage became a stepping stone for massive financial gain.
What is more, information about social media which was intended to be private, the public has been made government, advertising companies and more, so users are less interested in sharing intimate details of life. In relation to potential violations of privacy, Facebook, Instama, Snapchat and others are willing to change the order of the feed, making information more transparent than users and users linking with advertisers.

In other words, social media is losing its edge

Meet Block Chain

Enter block channel technology

BlackChane, a cryptocurancer built on decentralized platform, is the technology behind the recent media darling bittoine. The decentralized database, or decentralized laser, blockschain technology creates new 'blocks' for information that is being stored or processed. For a new block of information to be stored, it should be approved by the whole series, which means that the series is completely decentralized and therefore safe and transparent.

Eden Khan, one of the TEDx speakers, says, "No more bad transactions, errors of human or machine or even an exchange which was not done with the consent of the parties involved above anything, the most important Area where BlackChan helps, not only guarantee the validity of the transaction through the recording of a connected distributed system of registers, which are all safe Experiments are connected through the system. "

BlackChan increases social media to a whole new level; The very nature of blockchain technology provides a methodology that allows users to have more control over the privacy of information, as well as to obtain monetary compensation for creating viral content. . Two companies have seen the potential and the way they are moving forward.
Personalize Your Experience

In the area of ​​privacy, a company is NXS, which is the maker of Social Coin through incoming ICO (initial coin offer - digital currency token). Nexus is designed for a social media platform where users can post information, send private messages, and are able to make public transactions, sales and mobiles, through block channels.
The benefits should be immediately evident, for starters, all the information contained in the blockchain is private, and therefore, without any matter, without any matter, the Naxal can be sent any instant message to know its content. "The founder of the Nexus Jade Mulholland says, all the information stored on the site and all the transactions within the platform will become completely personal, the doors of the world of social media Incineration will become a real choice for consumers.

In addition, Nexus intends to release its cryptosystems, which are called social, which can be used as monetary tools within the platform. Social and can be used for the purchase of goods and services, and all these transactions are also managed on BlockChain and free from Pring eyes. Nexus is also linked to its social coin from debit card, allowing users to spend their social expenditure in the form of Vita currency (dollar, pound, euro) where visas are offered.
Receiving the one you deserve

When it comes to monetizing content on social media, Seenu has created an amazing creative system called WildSpark, which has used blockchain technology so that users can get paid for the work they have created. Like the Nexus, Sinnersio has created a cryptocycation called AMP, which is used by the content creator to distribute the contents by 'curator' (those who see and distribute good content i.e. 'likes' or 'share') Can be used and get paidContent by the secondary person, the Society, instead of all financial benefits - Social media outlets - provide a means for users to pay, enjoy and pay for AMP information and content to create and share.
If it sounds complicated, then it is not so. It allows users to control how their content and sharing information is distributed using BlockChain technology, and helps them to make profits.

"This way, a new economy has been created," says founder Dor Confere, "In this way, the UGC enables users to use their skills to benefit from the successful delivery of the [user-generated content], while the creators are inactive Provide a form of income. " In other words, instead of making the material beneficial for the benefit to the creators and curators, payments are made to create and share social content. Designated one of the top 5 'best sellers in BlackChan Technology' by Gartner, Cyanaria is rapidly gaining traction in its beta phase.
Going forward

As the erosion of heritage social media is decreasing, these companies, and others like them, are seeing the big potential of block technology to empower them again. Blockchain has promised to take the Pashtanese social media to a different level, and what kind of material and information it has the power to restore the personal and profitable nature to be distributed.

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