Using Blockchain Technology to Eliminate Chaos in the Networking Industry

When internet users upload their data unto professional or social networks by signing up, they are afforded the privileges of using such networks, but at the same time they lose control of such information. They can no longer determine to what use and extent these platforms can apply such data within their disposal.

The risk of centralization

Despite the several benefits and the solutions that have been offered by these centralized platforms, the unfair practices of data hoarding and undue manipulations have become subjects of concern, especially in recent times. Most platforms are known to sell the data of users to advertising companies for revenue purposes without the consent of these users. The security risks posed by this indiscriminate data sharing or broadcast is another matter altogether.

Besides the risks and unpermitted use of personal identities, the real data owners do not yet maximize the possibilities of having their property online, neither can they control how these data can be used.

Fragmented system management

The blockchain protocol being introduced by is an ideal system that ensures personal control of data. This protocol will enable incentivized data sharing opportunities and also introduce other monetization procedures that will benefit the actual owners of data.

Built on top of the Ethereum mainchain, developers can connect their apps to the dock blockchain and enable a seamless permitted interaction between themselves and other platforms. This can happen with the full consent and permission of the data owners and platform users. Beyond just allowing access, data and identity owners can fragmentally manage their identity resources. This means that depending on personal conviction, any user can control the extent of information that they share with different apps and networks, including advertisers who may pay directly to the identity owners and not some unpermitted companies.

The benefits of decentralization

However, the application developers are not also left out of the revenue angle. With each contributing their own database while connecting to the protocol, the transaction involved in sharing such data involves a peer-to-peer incentivization process using the platform’s tokens. This data exchange procedures are seamless and fast. It enables users manage their profiles much more effectively.

Opportunities abound all over the cyberspace, and clients are in steady search for service providers and solution experts within professional networks. The confusing premise of multiple inconsistent profiles for a particular individual leads to missed opportunities. This is difficult to manage given the current state of the centralized independent networks. These networks hoard information, thereby requiring users to independently update their profiles from time to time. This task is usually unrealistic and unachievable as most professionals keep several profiles across different platforms at the same time.

Eliminating chaos

A one-stop platform where every update can be securely implemented will prevent users from running helter skelter, trying to catch up on all networks. It will also avoid omissions and give clients and employers a clearer and consistent picture of their intended recruits.

Apparently, the current state of the professional and social networking industry is full of chaos and grossly unorganized. The order and sanitization that the dock blockchain protocol brings should offer a more productive atmosphere in terms of privacy, security, efficiency and financial benefits. Users can now focus on more important areas of development rather that running around the internet just in an effort of fixing their brands.