San Francisco: Twitter and Square CEO Jack Dorsey has once again reiterated that Bitcoin and Blockchain technology is the future of his micro-blogging platform to keep it more secure from hackers.
Dorsey last year announced a non-profit platform called Bluesky to develop an open and decentralized standard for social media.
“Blockchain and Bitcoin point to a future, point to a world, where content exists forever. We’re not in the content hosting business anymore, we’re in the discovery business,” the Square CEO said during the virtual Oslo Freedom Forum 2020 last Friday.
Dorsey expects Blue Sky to create an open Twitter protocol, which users can contribute to and access data from instead of a centralized service where the social media platform hosts content on its website.
“(Blue Sky) is a completely separate nonprofit from the company (Twitter),” Dorsey said.
“We’ll focus…