Twitter planning to set up independent research group to build decentralized standard for social networks
By MYBRANDBOOK
The social media platform, Twitter Inc is planning to set up an independent research group. It will help to create an “open and decentralized” system for social networks which could relieve pressure on the company to appease critics of its content policies but also give rise to a new crop of competitors. As per Twitter CEO, Jack Dorsey, the system or standard would not be owned by any single private company. It will empower individuals to use a variety of services to access the same network, just like they choose different email providers to see the same messages.
He also said that the new approach will allow Twitter to focus on building open recommendation algorithms which promote healthy conversation and it will also force the company to be far more innovative than in the past.
Twitter’s Chief Technology Officer, Parag Agrawal will be responsible for hiring a lead for the research team, called BlueSky.
As per Dorsey, Twitter will fund the project, which will take many years to complete, but will not direct it. He went on to suggest that blockchain technology might provide a model for decentralizing content hosting, oversight and even monetization of social media, without elaborating on possible alternatives to Twitter’s ads-driven business.
Singapore to remove One-Time Passwords from Bank Accounts
According to the Monetary Authority of Singapore, clients who utilise secur...
Is 375 million Airtel subscribers database breached?
When a hacker claims to have accessed and put up for sale a customer databa...
The government of India intends to construct a single portal f
A single portal will be launched by the Indian government to list all of it...
OpenAI offers GPT-4o, a faster model available to all users at
GPT-4o, a faster and more sophisticated AI model, is made available to all...
Icons Of India : NEERAJ MITTAL
He started his career as an IAS Officer in 1992. He has held various a...
Icons Of India : Arundhati Bhattacharya
Arundhati Bhattacharya serves as the Chairperson and CEO of Salesforce...
Icons Of India : Girish Mathrubootham
Girish Mathrubootham is the Founder of Freshworks (previously known ...
LIC - Life Insurance Corporation of India
LIC is the largest state-owned life insurance company in India...
CERT-IN - Indian Computer Emergency Response Team
CERT-In is a national nodal agency for responding to computer security...
CSC - Common Service Centres
CSC initiative in India is a strategic cornerstone of the Digital Indi...
Indian Tech Talent Excelling The Tech World - Sundar Pichai, CEO- Alphabet Inc.
Sundar Pichai, the CEO of Google and its parent company Alphabet Inc.,...
Indian Tech Talent Excelling The Tech World - Dheeraj Pandey, CEO, DevRev
Dheeraj Pandey, Co-founder and CEO at DevRev , has a remarkable journe...
Indian Tech Talent Excelling The Tech World - George Kurian, CEO, Netapp
George Kurian, the CEO of global data storage and management services ...