A few days ago, Facebook announced a security issue that influenced very nearly 50 million users. Ideally, this security break will drive Facebook administration to quicken its endeavors to enhance information protection by fusing with blockchain technology.
The security update additionally demonstrates that the vulnerability was the consequence of the collaboration of three bugs that attacked the “View As” feature. Presently, Facebook reports that the vulnerability has been settled, as depicted in the most recent update:
’’We have also reset the access tokens of the almost 50 million accounts we know were affected and we’ve also taken the precautionary step of resetting access tokens for another 40 million accounts that have been subject to a View As look-up in the last year. Finally, we’ve temporarily turned off the View As feature while we conduct a thorough security review.’’
This security rupture surely may have been prevented if Facebook had joined blockchain innovation to guarantee information security.
The blockchain enables users to trade information in a disseminated, decentralized, secure and ethical condition. The intensity of this technology lies in its straightforwardness. Everybody can see the total of exchanges recorded in the blockchain. In particular, alterations in the blockchain can’t happen undetected. Bits of gossip have been coursing in the media that Facebook is investigating the possibility of utilizing blockchain technology.
In May 2018, Facebook appointed the leader of its Messenger team to coordinate a team assigned to “to explore how to best leverage Blockchain across Facebook, starting from scratch.”
On September 6, 2018, CNBC announced that Facebook was adding six positions to its blockchain team. For instance, the position depiction for the Head of Business Development and Partnership – Blockchain incorporates the accompanying mastery and duty:
“Deep understanding of blockchain product and technology to inform and influence our product roadmap and support, and execute on product plans.”