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/biz/ - Business & Finance

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9028958 No.9028958 [Reply] [Original]

Inside information here, but I have no idea what project its referring to:

>[Facebook is] shitting our pants with the heat and increasing risk of being regulated, especially since we have no way to ensure data isn't sold to third parties except by using a blockchain and that would require a complete overhaul which isn't feasible. Without it though, regulatory fines will eat the company alive because of the scale of our data and the number of third party developers that now expose the company to risk. We've been grappling with how we can adopt DLT as quickly as possible to get ahead of this, and there's one name that keeps coming up. The goal now is to stall any regulations long enough to implement our self-regulation prototype using this third party project, and then announce that our self-regulation system will be launched when that project launches to avoid the government basically taking over the company. If we can at least get as far as having a prototype we can save the company by taking back control of the optics and showing self-initiated progress. If we can't, Facebook is about to change drastically when regulation gets handed down.

What's the project he's talking about? Facebook getting into crypto would be HUUUGE!

>> No.9029001

LINK

>> No.9029018

I can't believe you wrote all that bullshit.
Get a hobby that isnt shitposting.

>> No.9029029

>>9028958
list the largest shareholders of facebook stock and within you have your answer.

>> No.9029038

>>9028958
ETH. Literally no other coin has the scale and adoption to cope

>> No.9029040

>>9028958
large if accurate

>> No.9029071
File: 45 KB, 431x431, DQibaiBW4AEwfu6.jpg [View same] [iqdb] [saucenao] [google]
9029071

>>9028958
ltc

>> No.9029087

>DLT
>A fucking ERC20 token
why wouldn't they just create their own, fucktard? no one wants your bags.

>> No.9029093

>>9029071

I thought that too, but how would LTC help with data and regulation? Sounds like they're looking for more than just a coin.

>> No.9029169

hes obviously talking about ENG but fuck you im not buying your shill

>> No.9029346

>>9028958

Obvious LARP. If not, post some proof that you're an "insider".

>> No.9030183

>>9029169
This, enigma dealing with the problem of trading data to be used in computations while keeping it 100% private.

>> No.9030250

Tron train you fuckin hoes

>> No.9030326

https://blog.enigma.co/why-blockchain-alone-cant-fix-facebook-fbd9510b36f5

>> No.9030353

>>9029029
Go on

>> No.9030370

>>9029087
DLT as in distributed ledger technology, not agrello

>> No.9030415

DXT is the most suitable choice for partnership. Facebook profits come from data selling, and DXT is built entirely on the fundamentals of data trading.

>> No.9030507

This rumor has been swirling silicon valley for the last week, word on the street is that they are partnering with Patria Digitalis.

Patria Digitalis will use FOSS technology to allow you to control your digital footprint. Ive heard this from several reputable sources and hope it is true.

>> No.9030605

VERGE

>> No.9030630

>>9028958
VEN

>> No.9030665

>>9028958
It's EOS you fucking retards.

>> No.9030667

>>9030630
Tfw that Breyer connection makes you crack a grin.

>> No.9030678

TKY

>> No.9030687

It's ENG

>> No.9030707

It is TKY