With the Federal Trade Commission announcing a $5 billion dollar, fine on Facebook for data privacy irregularities, it puts a question mark in your mind about how safe is your personal data?
People shared posts of the best moments of their life, their graduations, marriage, engagements, and their first child.
This awareness will help in keeping a check on social media sites like Facebook, to better manage the big data collected from its users.Sources have unconfirmed reports of Facebook being engaged in secret projects with other private companies, especially on people and their physical and mental attributes, what do they buy, what pages do they visit out of interest, even to things like what do they do as an activity as well.
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This is alarmingly high considering almost 60 percent of the world population is using some mode of Facebook.
Bitcoin, on the other hand, has stayed traditional and true to its origins, in its approach of data privacy, with distributed ledger using blockchain technology.