How ironic Facebook, who has made billions from controlling and selling data in a highly centralised way, is now looking at using Blockchain technology with it’s CEO Mark Zuckerberg extolling the benefits of decentralised systems as a more secure way to login.Amazingly Zuckerberg recently said, ‘If you have a fully distributed system, it dramatically empowers individuals.’
Blockchain offers individuals control over their data so they can share and potentially monetize it this taking control away from the current hand full of tech giants that provide “free” services while selling your data to advertisers.
Facebook seem to be more and more active in the Blockchain sector having bought Chainspace earlier this year and announced it was going to launch FaceCoin on WhatApp in India.
