Facebook founder and CEO Mark Zuckerberg has uncovered his intentions to study decentralized technology, particularly cryptographic forms of money, as part of his promise to ‘fix’ Facebook in 2018.
On his Facebook page, Zuckerberg posted a message with the details of his ‘own challenge’ – like a resolution – for the new year, joined by a promise to study technologies “like encryption and digital money.”
“My personal challenge for 2018 is concentrating on settling these critical issues,” Zuckerberg composed, alluding to people’s rights being impeded by the government and different concerns expedited by media, government, and technologies. “One of the fascinating questions in technology at the moment is about centralization versus decentralization,” the billionaire added, uncovering his own particular motivations to get into technology was its capability to “be a decentralizing power that puts more power in peoples’ hand,” especially after the introduction of internet in the 90s.
“But, today, many individuals have lost confidence in that promise,” Zuckerberg included, indicating a centralized control of information and technology a relatively smaller but elite group of huge tech organizations, Facebook included, and governments who routinely participate in surveillance.
Mark promised to pledge his time and endeavors into understanding decentralized technologies, or ‘counter-trends’ to the worries stated previously.
“There are critical counter-trends to this – like encryption and digital currency — that take control from incorporated frameworks and put it back into individuals’ hands. However, they accompany the risk of being harder to control. I’m intrigued to go further and think about the positive and negative parts of these advancements, and how best to utilize them in our administrations.”
Zuckerberg is the latest mainstream figure to public commend decentralized blockchain advancements and it remains to be seen how he intends to ‘fix’ Facebook, the world’s greatest social platform with an estimated 2 billion users, by adopting p2p, decentralized technologies.
Story credit: ccn.com
Image: Google images