Welcome to our Mark Zuckerberg news page. Here you'll find some of our featured Facebook CEO Mark Zuckerberg content pieces as well as all our latest Mark Zuckerberg Blockchain-based Login User posts.
Facebook CEO Zuckerberg Posts Note Showing New Plans to Improve Privacy on Social Media Platform
Facebook has been a continued source of news recently as the company has reportedly been hiring engineers and other employees for their secretive blockchain project. While this news was not addressing, the CEO of the company took to his “Notes” option on the website to discuss the changes that the company is willing to reveal at the moment.
In a recent report from CNBC, CEO Mark Zuckerberg has described exactly how he intends to make a more “privacy focused” future for the platform, with a heavy focus on communications platforms.
Zuckerberg has already discussed how the privacy of the platforms will become even more important in the coming years, which could be a node to the messaging service that they are creating. The new service will include a combined platform between Messenger, Instagram, and WhatsApp, which will allow them to hold private conversations.
In the Facebook post, Zuckerberg spoke on how the communication industry will eventually move to “private, encrypted services,” ensuring that the content is secure but hidden. He added, “This is the future I hope we will help bring about.”
With the new service that combines these popular communication platforms, the main goal is to focus on user safety and private correspondence.
Admittedly, Facebook does not have much of a history for building this kind of secure service, since most of their work has been towards an open-sharing type of platform. Still, Zuckerberg insists that the company has continually shown that they have the ability to “evolve” to create these services that consumers will need, even though there’s not much of an explanation about how privacy will be improved.
If privacy is what the Facebook platform is looking for, then blockchain and cryptocurrency could be the way to end up going. The transactions on a blockchain are completely transparent in their amounts and addresses, but the actual identity of the user is protected.
Furthermore, the author of the CNBC article pointed out that the current work on the crypto project could be adapted to monetize private communication. The full post from Facebook can be viewed here:
Facebook CEO Mark Zuckerberg Hypes Blockchain-based Login User Benefits with Harvard Law Professor
Mark Zuckerberg Describes Pros and Cons of Blockchain Authentication in Interview
Facebook founder and CEO Mark Zuckerberg issued some notable statements on blockchain technology earlier today. In a video interview with Harvard Law professor Jonathan Zittrain, Zuckerberg described how blockchain-based authentication could allow users to securely log into Facebook in the future.
Today, Facebook allows users to sign into the social network using something called Facebook Connect, which is the platform’s gigantic single sign on (SSO) application. It’s the part of Facebook that authenticates you every time you login on a desktop or mobile device.
In the future, however, Facebook Connect and other SSO technologies could be replaced by blockchain technology. Based on the latest video interview, Zuckerberg seems to be seriously considering the use of blockchain for authentication – he just needs to figure out how to implement blockchain.
“A use of blockchain that I’ve been thinking about … though I haven’t figured out a way to make this work out, is around authentication and… granting access to your information to different services,” Zuckerberg said in his interview with Zittrain. “So, replacing the notion of what we have with Facebook Connect with something that is truly distributed.”
How would a blockchain-based authentication system work for a social network like Facebook? Here’s how Zuckerberg described it:
“Basically, you take your information, you store it on some decentralized system and you have the choice to log into places without going through an intermediary.”
A blockchain-based login system would theoretically be advantageous for software developers and users because they would not need to rely on corporations to control access to a program. Today, social media networks have been criticized for silencing certain voices because they have the power to singlehandedly ban a user who violates their terms of service.
A blockchain-based authentication system may allow users to be authentication not by a centralized corporation – but by a decentralized network.
Could Blockchain-Based Facebook Have Prevented the Cambridge Analytica Scandal?
During the interview, Zuckerberg specifically cited the Cambridge Analytica scandal that took place last year. Facebook was accused of giving third party entities too much access to sensitive user data. Cambridge Analytica, a political data firm hired by President Trump’s 2016 election campaign, gained access to private information of more than 50 million Facebook users, including information that could predict voting habits and influence voter behavior.
Zuckerberg claims a blockchain-based authentication system may be able to prevent a similar scandal from taking place again:
“Basically people chose to give their data which was affiliated with Cambridge University and that person sold that information to Cambridge Analytica, which was a violation of our policies. We cut off the developers’ access.”
Zuckerberg goes on to describe how blockchain could prevent bad actors from taking advantage of the system in a similar way in the future:
“If you have a fully distributed system, it dramatically empowers individuals on one hand but….it raises the question of consent and how people can really know that they’re giving consent to an institution. In some ways, it’s a lot easier to regulate and hold accountable larger companies…I think this is a really interesting social question.”
Blockchain-based Authentication Is Far from Perfect
Zuckerberg discussed the advantages and disadvantages of blockchain authentication during the video interview. Although blockchain-based authentication would solve some problems, it may also introduce new problems.
“The question is, do you really want that [blockchain authentication]? Do you have more cases where yes people would be able to not have an intermediary but there’d be more instances of abuse and recourse would be much harder?”
Blockchain would also introduce significant technical challenges. It’s unlikely that any current blockchain platform could replicate Facebook’s centralized authentication engine today, for example:
“Certainly the level of computation that Facebook is doing is really intense to do in a distributed way. Decentralized things that are computationally intensive will be harder. They’re harder to do computation on, but eventually, maybe you have the resources to do that.”
Overall, Mark Zuckerberg seems ambivalent about the idea of using blockchain technology to authenticate Facebook logins moving forward. Blockchain is still in the early stages of development, and we’re a long way away from major corporations like Facebook relying on blockchain to control something as crucial as user authentication.
For now, we’re going to have to trust centralized corporations like Facebook to authenticate users using centralized engines – for better or worse. In the future, however, blockchain could play a crucial role in decentralized authentication.
Mark Zuckerberg Says He Strongly Believes in Decentralizing and Putting Power on Individuals
Mark Zuckerberg, the CEO of Facebook says that he believes in decentralization and putting power in individuals ‘hands.’ He said this during the company’s Q4 2018 earnings call on January 31st.
During a conversation with RBC Capital Markets’ Mark Mahaney, he talked about data privacy and their goals for 2019. Mr. Mahaney asked whether he sees a future where individuals are compensated for sharing their data to Facebook and other companies. He has also asked whether this will be in the form of cryptocurrencies or in another way.
Mark Zuckerberg answered that this is very important for the company since they spend a lot of time thinking about it. According to him, he believes ‘very strongly in trying to decentralize and put power in individuals’ hands.
On the matter, he commented:
“I believe very strongly in trying to decentralize and put power in individual’s hands. That’s always been the first part of the mission of Facebook is giving people the power to share, to connect, to come together and build communities.”
One of the ways that he says that the company is thinking and talking about is decentralization and independent encryption. As people are starting to know and learn about how privacy works and how their data is handled, encryption is going to help users to be protected.
Facebook has been lately in the news due to the rumours related to the company releasing a new cryptocurrency for users of the popular messaging application WhatsApp. According to a report published by Bloomberg, the new token would be used to make money transfers within the application for individuals located in the Indian market.
The company is trying to improve users’ privacy with these implementations. However, it remains to be seen what Facebook will be doing to improve its services.