What Does Twitter’s New Decentralized Initiative Mean?

What Does Twitter’s New Decentralized Initiative Mean?

Decentralized social media is not so distant future as it might sound, meanwhile, there are serious obstacles that need to be solved before it becomes our present. Back in December 2019, Jack Dorsey, the founder and CEO of Twitter and payments operator Square, announced a new team dubbed Bluesky, to work on decentralized social media standards. The news has gotten both the crypto and noncrypto communities abuzz — and for good reason.Mr. Dorsey has…

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IBM Says It’s Open to Working With Facebook on Libra Crypto

IBM Says It’s Open to Working With Facebook on Libra Crypto

“Our clients are ready to work with” Facebook on Libra, said IBM’s general manager of blockchain services Jason Kelley. Technology behemoth International Business Machines (IBM) is open to working with Facebook on its Libra stablecoin, CNBC reported on Sept. 23.IBM’s general manager of blockchain services Jason Kelley said that the company is looking to spur collaboration in the space, noting that “blockchain is a team sport.” He also highlighted the firm’s openness to the…

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Facebook Hires Lobbying Firm to Ease Regulatory Pressure on Libra

Facebook Hires Lobbying Firm to Ease Regulatory Pressure on Libra

Facebook has hired a Washington-based lobbying firm to help it grapple with the negative responses sparked by Libra. Facebook has hired a Washington-based lobbying firm to help it grapple with the negative response to its planned Libra cryptocurrency.According to an O’Dwyer PR report published on Aug. 26, the social media giant is working with FS Vector — a consultancy firm that specializes in regulatory compliance, public policy, and business strategy for the fintech, cryptocurrency, blockchain…

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