Blockchain
Project Liberty Joins SOAR to Challenge Centralized Social Media Giants With AI, Decentralized Data
Credit : cryptonews.net
SOAR creator Paul Allen beforehand constructed a household social networking app on prime of Fb, which amassed 120 million customers.
Undertaking Liberty says it is going to be the biggest bidder for TikTok’s U.S. property, ought to they grow to be obtainable.
Undertaking Liberty, a decentralized social media providing, is making official a so-called “deep partnership” with SOAR.com, a collection of AI-powered information sharing and social networking portals created by Ancestry founder and serial entrepreneur Paul Allen.
Backed by actual property billionaire Frank McCourt to the tune of $250 million, Undertaking Liberty includes making a publicly accessible database of individuals’s social connections, known as a Decentralized Social Networking Protocol (DSNP). The undertaking additionally makes use of cryptocurrency within the type of Frequency, a part of the Polkadot ecosystem.
It is onerous to think about how energy could possibly be any extra concentrated than it’s now within the palms of social media platform house owners like X’s Elon Musk, suggesting that that is now a perfect alternative for decentralized options to amass new customers to drag.
Allen’s SOAR AI studio features a Household Portal (an software he initially constructed on Fb with 120 million customers), which is able to use AI-powered transcription know-how to log and retailer a universe of household interactions. Additionally included is a Residents Portal, an simply searchable native authorities information service with a couple of million hours of transcripts and data from metropolis, county and state conferences.
One of many primary causes Allen was interested in Undertaking Liberty is the promise to customers that they’ll without end stay in charge of their information – a belief that has been abused within the case of Fb and at Ancestry.com after he purchased the corporate to go away. firm, he mentioned. This should be executed on the know-how layer and never by means of a service settlement that may be modified additional down the road.
“Do we wish these sorts of outcomes with a number of trillion-dollar firms controlling the web? Not likely,” Allen mentioned in an interview. “We’ve got sovereign citizenship within the international locations we reside in. We should have sovereign citizenship in the way forward for the web, with respect for our human rights within the digital world.”
Because the founding of the Frequency blockchain, Undertaking Liberty has recruited 1.3 million customers. SOAR’s Household and Residents will elevate tens of tens of millions extra sooner or later as folks search for options to the present, omnipotent social media platforms, says Tomicah Tillemann, president of Undertaking Liberty. Not solely does it carry decentralization, however additionally it is a chance to “do AI proper,” he mentioned.
Undertaking Liberty can be one potential bidder for the American model of the Chinese language firm TikTok (the so-called “people’s bid”), the company should do be forced to sell to an American owner.
Tillemann mentioned there was a variety of exercise surrounding the TikTok bid and the commitments of tens of billions in capital to take part within the effort.
“We’re at present extensively thought-about to be the main bidder for TikTok’s U.S. property, ought to they grow to be obtainable,” Tillemann mentioned. “We’re working with a variety of stakeholders to finally carry TikTok and its 170 million US customers onto the identical infrastructure we’re speaking about in our partnership with the Frequency blockchain.”
Undertaking Liberty will set up the inauguration Way forward for the Web Summit in Washington DC on November 21-22.
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