Privacy and rewards in new blockchain social network

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Recent revelations regarding the selling of personal data by social media platforms has shocked many. As a result, there has been increased public scrutiny of how centralised social media platforms use personal data. One result of this has been the European GDPR legislation governing the storage and use of personal data. Another has been the creation of blockchain social networking. Chinese startup ONO has created the first blockchain-based, decentralised social media platform in China. It joins other innovative uses of blockchain, including a secure way to sell genetic data and a cryptocurrency that tackles climate change. The ONO network is…

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