Honestis.Network – Social Media Platform Based on the Ethereum Blockchain
The distribution of inaccurate news, vulnerability of personal information, government requests on client data, and security issues on existing social media platforms are major security-related drawbacks which users are forced to deal with on a daily basis.
It is difficult to provide necessary solutions to resolve the vulnerability of personal data and prevent government requests for sensitive user information because the vast majority of social media and messaging platforms are centralized systems.
Honestis.Network, a social media platform developed on top of the Ethereum protocol, is a blockchain-based application which aims to solve most of the underlying issues of social media platforms in regards to security and transparency. Similar to Facebook, on the Honestis.Network, developers can launch secondary marketplaces for applications and users can process peer-to-peer messages.
The key difference between Honestis.Network and other social media platforms is that as a distributed platform, it processes all of its operations in a decentralized and peer-to-peer manner.