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Twitter CEO Explains How Bitcoin, Blockchain Will Revamp Its Business

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  • Twitter CEO Explains How Bitcoin, Blockchain Will Revamp Its Business

    Bitcoin backer Jack Dorsey appeared on the Oslo Freedom Forum stream to discuss how the social media giant can embrace blockchain.

    In brief
    • Twitter CEO Jack Dorsey discussed Twitter’s decentralization initiative in an interview.
    • Blue Sky is a separate nonprofit that will develop the tech, and Twitter will be a client.
    • The team is still searching for a leader, Dorsey said.

    Last December, Twitter CEO and co-founder Jack Dorsey tweeted that the company would start a new initiative called Blue Sky with the intention of creating a decentralized standard for social media—Twitter included.

    There haven’t been a lot of concrete details since then, but Dorsey—the noted Bitcoin enthusiast—broke down the social media giant’s plan in a video interview during the Human Rights Foundation’s Oslo Freedom Forum stream today. The news was first reported by CoinDesk.

    In short: Blue Sky is separate from Twitter, it’s about more than just Twitter, and it’s still very early days.

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  • #2
    Thank u for this info!

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