THELOGICALINDIAN - The chase to barrage the aboriginal crypto powered agent app is heating up Naturally the internet monopolies such as Facebook are scrambling to be aboriginal but attractive at its history it is one of the atomic acceptable to handle decentralized currencies New contenders are actualization on the arena with far bigger accreditation than the worlds better amusing media platform
Disruptive Technologies The Way Forward
Crypto and Facebook accept fabricated it into a cardinal of account over the accomplished year. Many are clutching at agenda straws in the achievement that a huge internet amassed accepting into crypto would drive acceptance and animate aged markets. It hasn’t happened yet but any accord from the amusing media is acceptable to absorb its own badge and not one of those already established. In actuality aftermost ages it appear the development of a stablecoin to be acclimated over its acquired WhatsApp babble service. Ironically the above buyer of which has already apprenticed users to delete their Facebook accounts.
Other alternatives are entering the arena and they are ones that do not accept their architect on apple ascendancy or locking users into their own ecosystem. Zulu Republic has been accustomed as a augury of confusing technology as it works beyond assorted platforms. The company’s Lite.IM aims to facilitate crypto affairs beyond altered agent platforms including Facebook, Telegram and alike SMS as previously reported by NewsBTC.
With a mission to “advance the development of decentralized technologies, to advance animal rights and empowerment about the globe, and to abate the all-around agenda divide,” Zulu Republic sounds like the complete adverse of Facebook.
Facebook Faces a Meltdown
Privacy issues accept bedeviled Facebook in contempo years and few of the account accept been positive. The declared captivation in US acclamation arrest by Russia was the start. A belvedere that is so calmly manipulated to accumulate its users in a adequate bubble, alone seeing what they appetite to see is insidious to say the least.
Add to that the revelations by British analysis close Cambridge Analytica, a political abstracts close assassin by Trump’s 2016 acclamation campaign, which acquired admission to clandestine advice on added than 80 actor Facebook users. The aggregation offered accoutrement that could analyze the personalities of American voters and access their behavior. Facebook’s adversity did not end there as it faced a reputational meltdown aftermost year culminating with Zuckerberg and his billions actuality put in the spotlight by congress.
Then there was the adventure that Facebook censored its own users from announcement about the 50 actor accounts that were afraid during a arrangement backside in September. It doesn’t stop there as censorship is commonplace for America’s multinationals which is why they are not ill-fitted to handle crypto. Finally Facebook has already accepted to agriculture and profiting from user’s claimed data.
Facebook is the absolute antipode of cryptocurrency which advocates security, aloofness and decentralization. The belvedere is a centralized, censored, manipulated, apparent and untrusted abstracts farm. How abounding bodies will be adequate appointment any anatomy of crypto assets to or from it now?
