How will facebook use blockchain

how will facebook use blockchain

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Facebook Is Developing Its Own Cryptocurrency
In particular, Zuckerberg said the blockchain could give users unique powers when granting data access to third-party apps. Facebook has been. This will drive a whole new sense of worth, identification, privacy and completely restructure what assets we own, trade and borrow against. If. Facebook and Twitter will soon be obsolete thanks to blockchain technology. On Web2 � Twitter and Facebook � users do not own their own content.
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Facebook peers can thus connect much rapidly, forming safer parties. Last but not least, blockchain technology offers a high level of data security, which can deal with the problem of Facebook privacy issues. By the time Calibra launches, Facebook hopes to have more than other companies and consortiums in place to govern the network.