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Showing posts from September, 2020

Twitter's Blockchain Strategy - Crypto Currency News

Jack Dorsey Details Twitter's Blockchain Strategy at Oslo Freedom Forum. When Twitter and Square CEO Jack Dorsey spoke at the virtual Oslo Freedom Forum 2020 on Friday, he said blockchain technology is the future of Twitter. “Blockchain and bitcoin point to a future, point to a world, where content exists forever,” Dorsey said. “We’re not in the content hosting business anymore, we’re in the discovery business.” In short, Dorsey expects the nonprofit Blue Sky to create an open Twitter protocol, which users can contribute to and access data from instead of a centralized service where the social media platform hosts content on its website. “[Blue Sky] is a completely separate nonprofit from the company [Twitter],” Dorsey said. “We’ll focus on becoming a client of it so we can build a compelling service and business where anyone can access and anyone can contribute.” He added the nonprofit is still looking to hire at least five roles, tasked with creating a public blockcha