Facebook CEO Mark Zuckerberg is no stranger to blockchain technology. Now, he is potentially evaluating taking his interest in blockchain to the next level. In an interview with Harvard Law professor Jonathan Zittrain, Zuckerberg said that he is exploring the possibility of allowing users to login to various services with a single set of credentials on a decentralised system, without the need for a third party intermediary.
The use of blockchain technology for such a system would be an alternative to Facebook’s current single sign-on (SSO) application Facebook Connect. This would also appeal to the developers who do not want to be reliant on third party systems who can cut-off user access when they want.
For developers, one of the things that is really troubling about working with our system, or Google’s system for that matter, or having to deliver services through Apple’s App Store is that you don’t want to have an intermediary between serving the people who are using your service and you. Where someone can just say hey, we as a developer have to follow your policy and if we don’t, then you can cut off access to the people we are serving. That’s kind of a difficult and troubling position to be in.
The social media giant has been taking baby steps in the blockchain space. Earlier this month, there were reports about Facebook acquiring blockchain startup
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