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Author Topic: Mark Zuckerberg Considers Blockchain Implementation For User Data Authorization  (Read 365 times)

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Facebook CEO Mark Zuckerberg regards the use of distributed tools to keep personal data of users private and the way they will allegedly be able to “log into places without going through an intermediary”. Meanwhile, the company is in the center of criticism for misusing of personal information, while being vulnerable to hacks targeted at user data.

In a recent interview with Harvard Law professor, Jonathan Zittrain Facebook founder and CEO Mark Zuckerberg considered using distributed ledger technology for giving back control personal data to users. He explained, “Basically, you take your information, you store it on some decentralized system and you have the choice to log into places without going through an intermediary.”

However, Zuckerberg stated that implementation of a distributed system raises “philosophical questions of the goodness of a system like that one,”, saying, “A fully distributed system empowers individuals on the one hand but it really raises the stakes… You’d also have more cases of abuse and the recourse would be much harder.”

Facebook CEO also added that the company is already moving towards decentralization by offering encryption for its messaging services.

In January, Zuckerberg praised the concept during Facebook‘s Q4 2018 earnings call, saying that he believes “very strongly in trying to decentralize and put power in individuals’ hands.” At the same time, TechCrunch reported about Facebook’s program called Project Atlas, which awarded users for downloading an application, which gathered all information about users’ web activity.

Apple reacted on the publication by deleting Facebook Research application, connected to the Project Atlas, from App Store for violation of marketplace rules about user data privacy.

Earlier, Facebook faced several major leaks of user data after hacks. The most massive breach occurred in October 2018, when perpetrators succeeded in exposing the personal details of 50 million accounts


 

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