Impact of Blockchain on Big Data
The advent of the internet and its subsequent popularization in the 1990s led to the democratization of information. Blockchain has been called the most important technological breakthrough since the internet and has been crediting with facilitating the democratization of data. Blockchain has enabled numerous new fields of inquiry because of the unique architecture that allows…
Facebook May Launch a Cryptocurrency For Whatsapp
Social media giant Facebook is one of the most successful internet companies in the world right now with over 2 billion registered users and over $40 billion in revenue. Citing some unnamed sources, Bloomberg recently reported that Facebook is developing its cryptocurrency for its subsidiary, WhatsApp. A cryptocurrency backed by Facebook could finally bring cryptocurrencies…
Blockchain to Break the Power of Web Giants
The last 20 years have seen internet giants like Google, Amazon, and Facebook emerge as the world’s most valuable companies. Internet use has penetrated every part of the planet. In fact, all of the top 5 most valuable companies by market capitalization are internet companies: Apple, Amazon, Google, Microsoft, and Facebook. With market capitalizations in…
What is Facebook Doing in the Field of Blockchain?
Blockchain has the power to influence most of the industries positively. Apart from industries like finance, healthcare, shipping etc. it finds application in social media as well. The recent news surrounding Facebook coming up with its Blockchain team. The prime reason behind this could be that blockchain offers a high level of safety and security…
Evan Cheng to be the New Face for Facebook’s Blockchain Engineering
Facebook has had a tumultuous relationship with cryptocurrencies so far. Earlier this year, Facebook banned advertisements for all Initial Coin Offerings from its platform. At the time, experts commented that Facebook had restrictive policies for cryptocurrencies because they posed an existential threat to their business model. However, Facebook’s stance on cryptocurrencies seems to be softening…
Will Blockchain Disrupt Google, Facebook, Apple?
The rise of the internet in the last decade has been marked by corporations like Google and Facebook gaining too much control over our data. Social media platforms like Facebook and Snapchat derive most of their value from their users. That is to say that most people use Facebook to learn about their friends and…
How Can Blockchain Take the Digital Marketing Forward?
It’s no surprise that the digital marketing industry is a massive part of the internet ecosystem that drives traffic and pays for content. In fact, digital marketing is estimated to become a $500 billion industry by 2021, according to a recent study conducted by Forrester. Tech giants like Google, Facebook, and Amazon, are always tracking…
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