As people all over the globe have become increasingly aware of their privacy rights and how they are constantly being violated by various prominent social media platforms, the need for tangible, decentralized alternatives has continued to grow rapidly. For perspective, in 2019, Facebook was ordered to pay a mind-boggling $5-billion fine by the United States Federal Trade Commission for improperly acquiring private data of up to 87 million of its users. Just a year later, the social media giant had to shell out another $550 million to settle a privacy lawsuit that suggested that the firm had illegally accrued customer data (including their biometric and personal details) without their explicit consent.
Read more : Blockchain-based decentralized messengers: A privacy pipedream?
