Blockchain Technology’s Potential to Disrupt Social Media Platforms
While mainstream social media platforms have revolutionized the way we interact with one another and made eCommerce more effective thanks to targeted advertising, these platforms have serious flaws, notably data and privacy breached that should not be ignored. The advent of blockchain social media offers a plausible solution to these challenges, allowing individuals to interact over decentralized and distributed networks without third parties’ praying eyes.
Blockchain social media offers numerous benefits. Among other benefits, they allow users to enjoy greater privacy, assert better control of their data, and express themselves freely without drastic consequences or account censorship. Better still, decentralized social media allows users to earn income on their activities on the platform, including content creation and other interactions.
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More Africans Walk Towards Financial Freedom Due To Cryptocurrencies
The potential of African youth has been growing for a very long time, and now, when more and more young talents appear in Africa, the world is beginning to pay attention to it as a new favorable market for cryptocurrencies. In the cryptocurrency community, there was even an opinion that the “golden cryptocurrency age” of African development had begun.
Blockchain technology can provide people who have never used banking services with access to various services. For example, using dApps, people can get access to new ways to save money and pay bills, get loans, sell their own goods and services, and also get the opportunity to create their own applications or tools based on the blockchain. Instead of subjecting their financial assets to inflation, people can use stable digital assets, which allows them to gain more control over their funds and abandon a centralized system that does not provide any benefits.
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