A New Era for Social Networking?
In a move that could potentially disrupt the social media landscape, Project Liberty, a decentralized social networking protocol, has announced a "deep partnership" with SOAR.com, an AI-powered data sharing and social networking portal created by Ancestry founder Paul Allen. This collaboration aims to create a publicly accessible database of people’s social connections using blockchain technology.
Project Liberty: A Decentralized Social Networking Protocol
Project Liberty is backed by real estate billionaire Frank McCourt, who has invested $500 million in the project. The goal of Project Liberty is to create a decentralized social networking protocol (DSNP) that puts users in control of their data. This is a significant departure from the current centralized model, where social media platforms like Facebook and Twitter own user data.
The Benefits of Decentralization
Decentralized social media platforms offer several benefits over traditional ones:
- User control: Users have complete control over their data, which can be shared or removed at will.
- Security: Data is stored on a blockchain, making it virtually tamper-proof and secure.
- Transparency: All transactions are recorded publicly, ensuring that users can see how their data is being used.
SOAR.com: AI-Powered Data Sharing
SOAR.com is an AI-powered data sharing and social networking portal created by Paul Allen. The platform includes a Family Portal, which uses AI-powered transcription technology to log and store familial interactions. This portal has already gathered 120 million users, making it one of the largest decentralized social media platforms.
The Citizens Portal: A Local Community Government Data Service
SOAR.com also includes a Citizens Portal, an easily searchable local community government data service with over a million hours of transcripts and information from city, county, and state meetings. This portal aims to provide citizens with access to important information about their communities.
Why Decentralization Matters
Paul Allen, founder of SOAR.com, has expressed his concerns about the current centralized social media model. "Did we want this kind of an outcome with a few trillion dollar companies controlling the internet? Not really," he said in an interview. "We have sovereign citizenship in the countries we live in. We must have sovereign citizenship in the future of the web, respecting our human rights in the digital world."
Project Liberty’s Prospective Bid for TikTok
In addition to its partnership with SOAR.com, Project Liberty is also a prospective bidder for the U.S. version of Chinese-owned firm TikTok. Should TikTok be forced to sell its U.S. assets, Project Liberty is widely regarded as the leading bidder.
The Future of Social Media
Project Liberty’s Summit on the Future of the Internet, scheduled to take place in Washington D.C. on Nov. 21-22, will bring together experts and stakeholders to discuss the future of social media. This event aims to promote decentralized social networking and provide a platform for users to share their thoughts and ideas.
Conclusion
The partnership between Project Liberty and SOAR.com marks an exciting new development in the world of decentralized social media. By putting users in control of their data, these platforms offer a refreshing alternative to traditional social media models. As the future of social media continues to evolve, it will be interesting to see how projects like Project Liberty and SOAR.com shape the landscape.
Key Takeaways
- Project Liberty is a decentralized social networking protocol backed by real estate billionaire Frank McCourt.
- The project aims to create a publicly accessible database of people’s social connections using blockchain technology.
- SOAR.com, an AI-powered data sharing and social networking portal created by Paul Allen, has partnered with Project Liberty.
- Decentralized social media platforms offer several benefits over traditional ones, including user control, security, and transparency.
