- The X account of SingularityNet CEO Ben Goertzel was just lately hacked.
- Cardano's Charles Hoskinson provides decentralized identification (DID) integration into X for elevated safety.
- The expertise offers a safe approach to management private knowledge.
Following the hacking incident focusing on the X (previously Twitter) account of SingularityNet CEO Ben Goertzel, Cardano co-founder Charles Hoskinson reiterated his supply to Elon Musk to combine Decentralized Identification (DID) expertise into the social media platform. Hoskinson says DID may assist forestall fraud and improve safety on X.
On Monday, July 15, Ben Goertzel, CEO of SingularityNet, apologized to his followers after his private X account was hacked. In an apology letter posted on X, Goertzel revealed that the hacker had posted fraudulent hyperlinks, a few of which referred to crypto tokens associated to SingularityNET and directed followers to fraudulent websites.
The CEO of SingularityNet later regained management of his account and suggested affected people to report the incident to the authorities to safe their info.
Goertzel said, “I’m working with Twitter and the related authorities to analyze the incident and forestall such occurrences sooner or later; and I encourage anybody affected to report the rip-off to the suitable authorities and take the required steps to safe their accounts and private info.”
In response to the assault, Hoskinson X-marked Elon Musk and reiterated his supply to combine DID expertise to stop related incidents.
“Elon @elonmusk we’d like DID constructed into X. It solves all these issues. I'll do it once more without spending a dime.”
Regardless of latest makes an attempt to interact Musk in a Cardano partnership, Hoskinson's efforts have been unsuccessful.
DID permits customers to retailer private info in a decentralized identification pockets utilizing distributed ledger expertise managed by peer-to-peer networks. This technique offers customers management over what info they share with companies or web sites.
Due to this fact, it reduces the necessity for websites to retailer delicate knowledge similar to cellphone numbers and bank card particulars. Moreover, the answer addresses deepfakes, artificial identities, Sybil assaults and privateness considerations. Whereas just a few corporations have adopted DID, Michael Saylor's MicroStrategy is amongst those who have adopted the expertise.
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