ECHO Merges Blockchain and Social Media for Space-Age Communication
ECHO, a distributed, peer-to-peer and encrypted messaging and digital payments platform, enables people to exchange encrypted text, audio, video, and image messages. It also portends to allow users to send money and even pay at places like Starbucks. “We enable anybody to exchange encrypted text, audio, video, image messages plus transforming digital payments into taking a simple picture,” CEO Christoph Hering told Bitcoinist.net. The CEO says users will be able to send digital fiat currencies like USD, EUR, GBP as well as leading crypto-currencies bitcoin, Ethereum and Litecoin via....
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I. The flaws of centralized social media platforms & the problems can be solved by their decentralized counterparts Today we use social media applications such as WeChat, Discord, Twitter, and Facebook to transcend spatial/temporal limits and communicate with others, thereby minimizing the time needed for communication or social interaction. However, such centralized social media platforms […]
Billionaire and real estate mogul, Frank McCourt has recently been working on a new blockchain venture titled Project Liberty. It’s ambitious goal, to bring together the power of the blockchain and merge it into a social media protocol. With a social media database like this, he believes no social media platform would be able to […]
Social media, a relatively old concept and way of connecting people have existed since 1997. Yes, over 2 decades old. It has continuously evolved so much that we cannot fully comprehend it any longer! And now there’s blockchain, again over a decade-old science, which has since taken off. We’d think that the only connection blockchain would have is with finance and technology. However, the reach that blockchain has is massive. That’s what The LoveChain took advantage of unleashing. A way to bridge the gap between regular old social media, to the decentralized future version of it, via....
Facebook, MySpace and Twitter took the web by storm in the 2000s, enabling a wave of communication never before possible on the Internet. The appeal of social media didn't transition from tech-savvy high schoolers to the mass market overnight, however. It took time for the industry to build the necessary infrastructure to properly scale for mainstream use. Because of its status as new and disruptive technology, there are some who see the parallels between the social media industry and the bitcoin industry. Sean Percival, who was involved in the early stages of social media as the vice....
Most consumers view social media as a godsend, providing an easy way to stay in touch with friends, family, and loved ones. At any time or place, a status update tells the whole world what something about you. However, Facebook’s methods of handling direct communication may indicate that social media is a wolf in sheep’s clothing. Whensocial media started making headway as a mainstream trend, the advantages became visible for everyone to see. You can connect online with people you know, as well people you don’t know, at no cost. Share personal opinions with the world through networks such....