Connect with us

Blogs

TRON (TRX) Plans to Combat Internet Censorship

Published

on

Internet Censorship
READ LATER - DOWNLOAD THIS POST AS PDF

Many people are well-familiar with internet censorship imposed by nations like Russia, China, and the Middle East. However, there is a more familiar and understandable form of censorship that has seen its emergence on social media platforms. For instance, people of stringent and conservative political views have put the accusation on YouTube that it has been demonetizing their videos. This means that these videos are unable to mint advertising revenue.

Twitter has also been doing something along similar lines by banning accounts associated with hate speech. All of this is, in spite of the fact, that there are no laid down guidelines that distinctly demarcate what is acceptable and what is not acceptable for posting. Both of these social media conglomerates comply with a centralized norm for filtering of content. Both depend upon a single authoritarian figure to make the decision for what is permissible on their platforms. This authority can be constituted of a panel of human reviewers or the decision can also be taken with the help of computer algorithm. This decision of content filtering is almost akin to the censorship imposed by governments of several nations. The difference is that this time the medium is online social media platforms.

TRON has the capability to fight internet censorship and the trend of centralization of information. The ways in which the online entertainment industry can be disrupted has become a heated topic of discussion. But a more careful look can be taken at how the slow restriction of content and information, which has been taking place on the largest platforms like YouTube and Twitter, can be avoided by the usage of TRON’s platform.

TRON ensures direct ownership of content by content creator

The basis of a network like TRON lies in its ability to build an agreed-upon, comprehendible means for ownership of content. Whenever an article is published on Facebook, Medium or any such similar platform of online content, the creator cannot really take credit for being the owner. Once something goes on the internet, nobody can claim definite ownership of that content. Anyone is free to take the content, violate copyright laws, publish it according to his own needs and not even credit the original creator. Social media conglomerates like YouTube and Instagram enhance the connection between content and the content provider using direct promotion. But the problem arises in a different way.

The trade-off for YouTube publishing is agreeing to terms of licensing and opening oneself to censorship. Almost all content providers easily agree to this trade-off in return for endorsement and visibility. The final result was a channeling of all the internet content to some centralized and powerful distributors. It projects the image that all news yield from the three primary outlets like YouTube, Facebook, and Twitter that have singular control over what be published, what can be monetized and at what price. All this opens up the avenue for an incentive-dependant feedback system which in turn results in stringent censorship.

 How TRON Ensures Liability of Content Creator

From fake Facebook profiles toTwitter bots or forum posts on Reddit, it is difficult to keep track on the creator of the content or with whom the actual source belongs.TRON has come up with a solution to solve this problem through the implementation of blockchain technology.In spite of the fact that anonymity cannot be fully shunned, a block-chain based network (like that of TRX) offers a complete ledger for the purpose of content distribution.

This basically implies that if a certain person posts any type of content, the entire consumer base of TRON’s network will agree to the existence of the connection.TRON’s network helps the content creator gain back the rights to his content and it enables in the distinct identification of the source of the content. An account owner posting abusive, harmful content can no longer deny their accountability towards their created content. The content also cannot be deleted owing to the blockchain’s permanence. The consensus mechanism of a blockchain links an account to the created content, in the same way, that a cryptocurrency blockchain keeps track on the history of transactions of an account.

Conclusion

TRON is not slated to have an immediate impact in transforming the way content is published and distributed across various digital platforms on the internet, but it could usher in a drastic change in the rules of censorship that has become a trend across all social media and online content platforms. By emphasizing on direct ownership and liability of created content, TRON could transform digital interaction on every platform. While the existence of trolls, hate-mongers, and plagiarists and cannot be easily annulled, the blockchain network of TRON will manage to keep censorship in check and ensure wider representation for content of all categories. TRON’s visualization for the purpose of content distribution is undeniable as it plans to deploy a feature that could motivate more people to be accountable for the content they create and their own online repute.

We will be updating our subscribers as soon as we know more. For the latest on TRX, sign up below!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Pierre-Selim via Flickr

Blogs

How Can Foreigners Get Loans in Singapore

Published

on

loans for foreigners in Singapore
READ LATER - DOWNLOAD THIS POST AS PDF

Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also…

Continue Reading

Altcoins

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

Published

on

Aluna.Social
READ LATER - DOWNLOAD THIS POST AS PDF

When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve,…

Continue Reading

Altcoins

CoinFlip Scores Big with BRD Wallet Partnership

Published

on

CoinFlip
READ LATER - DOWNLOAD THIS POST AS PDF

As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

Continue Reading

Press Release