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Can anyone explain what is Blockchain in Social media?

Discussion in 'SEO' started by Jorge Melisa, Sep 27, 2018.

  1. #1
    Hello Internet Marketer,

    As we know social media has take its place and its updating itself. I heard a new term "Blockchain" Can anyone explain what does it mean?

    Thanks in Advance!!
    SEMrush
     
    Jorge Melisa, Sep 27, 2018 IP
    SEMrush
  2. RichyG

    RichyG Peon

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    #2
    Blockchain entered the scene as a revolutionary and innovative technology that was changing the face of many businesses. This applies not only to social media. Blockchain represents a fundamentally new opportunity for business in different spheres such as healthcare, real estate, finance etc. More about it you can find here https://computools.com/blockchain-solutions-a-key-to-successful-business-transformations/.
     
    RichyG, Dec 7, 2018 IP
  3. Spoiltdiva

    Spoiltdiva Prominent Member

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    #3
    As I understand it Blockchain technology enables distributed public ledgers that hold immutable data in a secure way. It basically ensures that transactions can never be altered.
     
    Spoiltdiva, Dec 7, 2018 IP
  4. Abraham Cherian

    Abraham Cherian Abe Cherian Premium Member

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    #4
    The way I understand Blockchain in Social Media by not being too technical is... a social platform where every activity is done peer-to-peer, without a central authority controlling the transactions.
     
    Abraham Cherian, Dec 7, 2018 IP
  5. CorneliaAlan

    CorneliaAlan Greenhorn

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    Social media sites such as Facebook has been very busy in recent months, digging into and deleting false accounts that have posted fake news for several years now. Blockchain distributed ledger system can work to prevent all of this in the first place.
     
    CorneliaAlan, Dec 9, 2018 IP