Alpha version of blockchain-based social media is coming soon

Rage Review : Synereo's social network, based on the principle of the attention economy, uses blockchain technology to achieve peer-to-peer Internet, which directly transfers control of content, personal information and monetization to users. This decentralized open source social network cannot record or store any kind of personal information, so it cannot be resold to third parties or locked based on market information. Only permitted participants can access information.

Translation: Nicole

Synereo, a decentralized, open-source social network based on the principles of the attention economy, is set to enter its alpha phase in September. Synereo’s alpha version is built on the company’s distributed technology stack, using blockchain technology to enable peer-to-peer internet.

Blockchain-based social networks are a new form of social media that puts control of content, personal information, and monetization in the hands of users. The network cannot record or store any kind of personal information, so it cannot be resold to third parties or targeted based on market information. Instead, all network transactions and relationships are encoded into a distributed ledger, and only authorized parties can access the information on the ledger.