‘Facebook Login On the Blockchain’, Mark Zuckerberg Interested In Experimenting With Blockchain

During an interview with Professor Jonathan Zittrain of Harvard Law, Mark Zuckerberg, a well-known figure of web and social media revealed his sentiments towards blockchain technology. While discussing, Facebook CEO, Zuckerberg said that ‘he is potentially interested’ to put Facebook login on the disruptive technology, blockchain.

Blockchain-based Authentication, Facebook sees a Potential use case

The social giant, Facebook has recently been very active in blockchain space. In fact, as Coingape reported, it acquired the team behind ‘Chainspace which is a blockchain firm’ founded by Cheddar (one of the researchers from University College of London). Nevertheless, this was the very first acquisition of Facebook in blockchain space which was made earlier this month. And what Zuckerberg hints of using blockchain for Facebook login would be indeed its first practical initiative. He initially said -we’re building data center capacity for the next five years long’ and here is a statement quoted from the interview;

Authentication was “use of blockchain that I’m potentially interested in,” although “I haven’t found a way for this to work.” In general, the proposed system would replace Facebook Connect with “something that’s fully distributed.”

This year I'm hosting a series of discussions on the future of technology and society. Here's the first one with Harvard Law Professor Jonathan Zittrain.I joined his seminar and we covered topics including information fiduciaries, encryption, decentralized services, governance, fighting misinformation, different business models, privacy innovation, and future research areas.I found his ideas fascinating. We spoke for almost two hours and still only got through about a third of what we hoped to discuss. I'm looking forward to continuing this series soon and covering more topics beyond the internet.

Mark Zuckerberg ಅವರಿಂದ ಈ ದಿನದಂದು ಪೋಸ್ಟ್ ಮಾಡಲಾಗಿದೆ ಬುಧವಾರ, ಫೆಬ್ರವರಿ 20, 2019

According to him, such implementation is to avoid the use of data by any third party or something that would allow you to control which app to allow to access to your data. Its worth mentioning that there are other platforms which have launched a similar system but in Zuckerberg’s view, Facebook wouldn’t primarily cut off the access to third-party apps ‘that helps app developers’. As such, one cannot forget Facebook’s data scandal happened through Cambridge Analytica and if Facebook’s head is eyeing blockchain, there would also be a talk on privacy. Addressing the similar context, he stated that;

“In a fully distributed system, there’d be nobody who could cut off their access. A fully distributed system empowers individuals on the one hand, but it really raises the stakes,”

A quick interview recap in Mark Zuckerberg’s words;

You basically take your information, you store it on some decentralized system and you have the choice of whether to log in in different places and you’re not going through an intermediary. There’s a lot of things that I think would be quite attractive about that. For developers, one of the things that are really troubling about working with our system, or Google’s system for that matter, or having to deliver services through Apple’s App Store is that you don’t want to have an intermediary between serving the people who are using your service and you. Where someone can just say hey, we as a developer have to follow your policy and if we don’t, then you can cut off access to the people we are serving. That’s kind of a difficult and troubling position to be in.

What do you think about the CEO’s statement on ‘blockchain based authentication’ on Facebook? Share your opinion with us.

The post ‘Facebook Login On the Blockchain’, Mark Zuckerberg Interested In Experimenting With Blockchain appeared first on Coingape.

Source: Coin Page

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