What is Blockchain Technology?
Blockchain is normally associated with Bitcoin and other cryptocurrencies, but it is efficiently a database that’s authenticated by a wider community, rather than a middle authority. It’s a collection of records that a crowd oversees and maintains, rather than relying on a single entity, which most expected hosts data on a particular server. Of course, a physical database kept on paper could never be supervised by tens of thousands of peers. That’s where computers, and the internet, come in. Each “block” stands for a number of transactional records, and the “chain” component links them all together with a hash function. As records are shaped, they are established by a distributed network of computers and paired up with the preceding entry in the chain, thereby generating a chain of blocks or a Blockchain.
The entire Blockchain is kept hold off on this large network of computers, meaning that no one person has managed over its history. It makes the Blockchain a public ledger that cannot be simply tampered with, giving it a built-in layer of the guard that isn’t possible with a normal, federal database of information.
While traditionally we have needed these central authorities to believe one another, and fulfill the needs of contracts, the Blockchain makes it probable to have our peers promises that for us in an automated, secure fashion. Though usually not used for it yet, Blockchain could be used to uphold a variety of information. An organization called Follow My Vote is making an attempt to use it for an electronic voting system that’s more secure than modern versions, and healthcare providers might one day use it to grip patient records.
The Impact of Blockchain on the Future of Social Media
Whether you are a social media marketer the one who is offering services to businesses or a business owner who is making use of social media to reach customers, it is quite important that you understand that social media is about to go through a striking shift.
The blockchain is unsettling a number of industries, and social media is among those which is likely to feel the ramifications of blockchain disruption first. Companies actually used to create their brands on platforms like Facebook and Twitter are about to realize that all that investment of time may have been for nought. As it is going to change the platforms consumers and businesses use and how they network, social media marketing will go through a disturbance which they never expected and even it never did before.
So if you want to make yourself for the future of Blockchain-enabled social media marketing, the following are five trends you should be having a look closely:
1. Rising interest in established online identities:
With a massive number of problems on social media platforms like Facebook and Twitter, business owners are more and more looking out for customer outreach platforms where they can enlarge their marketing ROI (return on investment). The capability to bond with consumers who have had their identities verified via Blockchain and smart contracts is tempting for business owners who don’t want to carry on to market into the black hole of social media and fraudulent PPC (pay per click) ad impressions.
2. Better Establishment of Social Media:
Just as established identities will overrule the future of Blockchain-enabled social media, so will the established marketplaces of like-minded individuals and companies. Marketplaces are already increasing to address definite needs and this will continue as Blockchain becomes conventional and business owners understand its potential. The aptitude to market to an established group of individuals and companies you know are by now interested in what you are selling can reduce your marketing efforts while rising your return on investment of time.
3. The arrangement of Cryptocurrencies and Blockchain:
Blockchain has allowed social media networking is one more tempting example of the prospect of social platforms. When decentralized platforms become commonplace, social media users will have their choice of platforms on which to system. The capability to earn small amounts of cryptocurrencies for your behaviour will pull towards you users to platforms where contributions to platform increase get a payback. Think of how much time you at present spend on social networking sites like Twitter and Facebook and visualize if each post you made earned you a tiny amount of Bitcoin. A crypto-enabled social media future is fascinating indeed.
Foresting – It is obvious that our existing social service providers are becoming unprofitable for users, especially with regard to their evaluation and content. The lack of emphasis on estimating the distribution of content on these platforms leads to an increase in the alternatives that can be able to meet these challenges. Foresting ICO is an example of how blockchain technology can be an alternative to ensuring effective value sharing for content creators on social networking platforms. This is how he plans to deploy the opportunity for economic activity with a single click of the “I Like” button.
Foresting Network.
The Foresting network will be available to any person without the need for prior knowledge of cryptocurrency or blocking. The new concept involves creating a network platform that allows users to realize the value of content creation. The Foresting network is designed to provide remuneration for content creation and revenue distribution systems for vendors. All content types have the right to remuneration, consumption, and support in the content system. Foresting hopes to introduce a new ecosystem consisting of forest representatives (community members) working on networking, connectivity, and communication concepts. The ecosystem also includes the following functions: Foresting platform.
Part of Foresting works as a block-net for social networks that operates within a decentralized system of fair value distribution.
Best Bank.
The core of the Foresting network is the provision of financial services to support content rewards. This will be available through the establishment of digital finance, Foresting Bank.
Foresting Laboratory.
In addition to supporting foresting activities, there is community support and marketing activities for content creators.
User interface.
The goal of Foresting is to provide users with a convenient and convenient service that is intuitive and not problematic conceptual service
Simplified coin exchange.
Foresting also allows users to increase the value of their content by providing them with a secure conversion platform to receive money in return.
Content support.
When using blockchain, afforestation provides users with the best technology to download or download different content components in a seamless way
Optimize your device.
Foresting ecosystems are diverse enough to integrate people’s lifestyles and this will allow them to influence content at any time using any device.
Security and privacy.
A critical aspect of a blockchain technology is the decentralized nature of the system.. This feature provides better protection and privacy for users because there is no single object that controls the operation. Foresting Token ICO:
The Pton token works as the determinant of value for rewarding participants who contribute their content to foresting. The token does not mean that it works like other kryptons available through mining. The Pton marker will be available according to the level of participants ‘ contribution. It is expected that part of it will also be used so that users can use the foresting application.
ICO Parameters:
Private Sale: April 2018 to May 2018
Public Sale: From July 2018 to August 2018
ICO: August 2018 to September 2018
Token name: Pton
Blockchain: Ethereum
Model: ERC20
Token feed: 24 000 000 000 tokens
Available for sale: 9 600 000 000 Pton (40%)
Token distribution:
Sale of tokens 40%
Team and founders 25%
Advisers and marketing 10%
Partners 10%
10% reward
Reserve 5%
ICO Planning
The Pton token will be released in a total of 24 000 000 000 (24 billion) tokens with ERC-20, with 40% of the total set of tokens for sale. ICO members can get a swap through the foresting currency purse after starting mainnet foresting.
General Information Detail Information :
Website: https://foresting.io
Whitepaper: https://forestingnetwork.com/whitepaper ... pdf?ver0.2
Twitter: https://twitter.com/foresting_io
Facebook: https://www.facebook.com/forestingHQ
Medium: https://medium.com/foresting
Telegram: https://t.me/foresting_global
My Profile: https://bitcointalk.org/index.php?actio ... ;u=2326040