Mark Zuckerberg Considers Blockchain Authorization of Data in Recent Interview
Facebook founder and CEO Mark Zuckerberg said that he is considering a way to provide decentralizeduser data authorization
Facebook CEO and founder Mark Zuckerberg considered the ramifications of blockchain-based authorization of user data during an interview with Harvard Law professor Jonathan Zittrain on Feb.
Zuckerberg said that people of his generation got into technology because it gives individuals power, and is not massively centralizing.
He noted that while the relatively computationally intense processes of decentralized technology could eventually be overcome, there are also moral implications.
He stated that a decentralized system may give users more control over their data, but could also lead to more abuse, and any recourse would be far more difficult than on a centralized system.
Zuckerberg said that one example of how the company is moving toward a more decentralized structure is through offering encryption in its messaging services.
Facebook, however, reportedly acquired the startup primarily for the skills or expertise of its staff, rather than the service or products the company provides.
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