Published
5 years ago on
October 03, 2018
"This was an attack, an attack that would require people to understand three different bugs. It was an odorless, weightless intruder that walked in that Facebook could only detect once they made a certain move."The attackers remained undetected as a result of the sophisticated nature of this style of attack. Not forgetting the fact that it was entirely down to Facebook’s own vulnerabilities too. Overall, this seems to have developed through a combination of factors, all of which now have had a devastating impact on Facebook and some 50 million users. How can blockchain technology improve this? This hack is down to flaws within the current technologies used at Facebook, flaws that simply would not exist within a blockchain model. As you know, there are already a number of blockchain based social networks such as Steemit and Mastodon. Granted, in terms of popularity these projects aren’t even close to being as big as Facebook, however traditional social media can learn a lot from the likes of Steemit. Using blockchain technology to secure the data of social media users will be the next big step that these companies need to take in order to grow and develop their platforms. Facebook are researching blockchain technology, therefore, perhaps this hack will be the last straw and that after this, Facebook will finally start taking our technology a little more seriously. References CNBC
