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 How Blockchain impacts social media (like Facebook)?

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Presently Facebook is aware of everything concerning its users and is ready to sell advertisers terribly targeted data for advertising purposes. With blockchain primarily based on social media, people can have far more management over their personal information and be able to use cryptocurrencies to facilitate micro-transactions to sell bits of their data. This model is essentially a distributed model that is that the opposite of this Facebook vogue social media.

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