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Blockchain News

TikTok Faces Data Transfer Claims, Blockchain Pitched as Solution

Written By Brian Mutembei
Published 2024-04-18·Updated 2 years ago
Make The Crypto Times preferred on GoogleGoogle
Biden Signs Law Targeting TikTok; CEO Vows Legal Challenge

TikTok, the widely used social media platform, is accused of transferring users’ personal information to its ultimate owner, China. Former employees claimed that TikTok continued to operate under a profit-driven model separate from the Chinese Communist Party, despite attempts to distance itself from its parent company, Bytedance. 

The information reportedly included the users’ personal data including their names, emails, demographics, and locations, according to the report. Regarding the allegations, TikTok firmly denied them, stating that all data on US users has been isolated since January 2023, with close monitoring by the US Data Security team. 

Today's article from @iamsternlicht is factually inaccurate.

Facts matter.

FACT: Our secure environment for protected U.S. user data was isolated in January 2023 and is overseen by USDS personnel. After that point, new protected U.S. user data was inaccessible to anyone outside…

— TikTok Policy (@TikTokPolicy) April 15, 2024

The Chairman and the CEO Jeffrey Edell of MeWe, one of the social media platforms operating on a blockchain infrastructure, advocates blockchain for addressing privacy matters and providing a safe environment for the users. 

Edell suggests that using blockchain for distributed control in cryptocurrency can empower users to own their data, reducing risks linked with centralized control.

Also Read: TikTok’s BytePlus and Mysten Labs Forge Path for Web3 Gaming on Sui

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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