Recent events like data breaches, large hacks have forced people to release a bitter truth about the internet. Nothing on the internet can be termed as completely secure. But this does not mean that we could not improve improve security or decrease the chance of security breach. And that's what blockchain is capable of doing that.
After I heard about the Facebook data breach, I started looking for a various solution which can provide better security and more control over the flow of my information on the internet. That's when I came across Blockchain technology. So, I decided to learn more about blockchain technology and its advantages. Much to my surprise, Blockchain is incredibly secure and reliable. It's is nearly impossible for someone to hack through a blockchain network (not completely!!). This made me think that why no one has thought of implementation such a crucial weapon in Social Networking industry (which needs the most).
So, I was browsing the internet one day, when I came across ONe Network which tends to provide exactly the same goal. I knew it was only the matter of time before some company decided to use blockchain technology in the social networking industry. So, I decided to dig deeper and find out more details about the company.
ONe Network platform
ONe Network is a social blockchain ecosystem which aims at providing customers with better control over social channels. The platform will meet the needs of billions of customers who are demanding better privacy, data control, security, and reliability. The company believes that blockchain can provide a common solution for all these issues.
ONe Network has also launched its own cryptocurrency which will be used for various operation on the platform. The platform will also be using Proof of Stake consensus algorithm which is a significant improvement of Proof of Work algorithm. Some of the unique features of the platform are-
➢ Support for Public and Private GPS
➢ Private and Public chat option available
➢ Support for going completely anonymous
➢ Better encryption to provide enhanced security
➢ Content reward system
➢ Voluntary ad platform
ICO and Team
ONe Network uses ERC20 token which is created on Ethereum blockchain. The company has released 125 million OneBit tokens for the sale. ONe Network will organize a pre-ICO sale from 26th June 2018 -12 the July 2018 and main ICo sale from 31st July 2018 -12th September 2018. The tokens will be sold at a rate of 1 OneBit token= $0.2 USD (pre-ICo sale) and 1 OneBit= $0.4 USD (ICO sale). You can get your hands on one of these tokens by exchanging it with Ether, Bitcoin, Bitcoin Cash or fiat money. But, remember that you need to invest a minimum of 100 USD.
Conclusion
ONe Network will release its iOS app in Q3 2018 which will be followed by the release of Android and web application in Q4 2018. The company has also planned to launch API for another service provider in Q1 2019 with the ads platform being scheduled to be launched in Q1 2019.
The Facebook data breach has taught us a lot. People have started taking their privacy and security very seriously. This very fact can be realized by seeing a number of people deleting their facebook account and moving to other social media platform. But, this does not mean that other social media platform is more secure. So, it's high time for social media companies to look for a solution which could provide a better privacy, reliability, and security to its user. And I believe that ONe Network could be a good start in that direction.
I don't know what will happen in coming years. But the thing is sure that social network industry is due to undergo a lot of change. So, let me know what are your thought regarding this? What is the other solution which you can think of which can provide better security and privacy?
You can remain updated to latest news related to ONe Network via-
Website - https://www.onesocialnetwork.io/
Whitepaper - https://www.onesocialnetwork.io/wp-content/uploads/2018/05/wp.pdf
ANN - https://bitcointalk.org/index.php?topic=2189162.0
Facebook - https://www.facebook.com/The-ONe-Network-215684259015103/?modal=admin_todo_tour
Twitter- https://twitter.com/ONeSocial_Net
Reddit- https://www.reddit.com/user/ONeSocialNetwork/
Telegram - https://t.me/joinchat/Ho-YFg43JkoeeC-fuDfw9g
Published by - Etheran
Profile - https://bitcointalk.org/index.php?action=profile;u=1108165
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