April

Security

Forge

TikTok, the widely used social media platform, is <a href="https://www.ndtv.com/world-news/tiktok-routinely-sent-us-data-to-china-claims-report-company-reacts-5461684" target="_blank" rel="noreferrer noopener" data-wpel-link="external">accused</a> 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.&nbsp; 
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.&nbsp; 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Today's article from <a href="https://twitter.com/iamsternlicht?ref_src=twsrc%5Etfw" target="_blank" rel="noopener" data-wpel-link="external">@iamsternlicht</a> 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) <a href="https://twitter.com/TikTokPolicy/status/1779970114252624018?ref_src=twsrc%5Etfw" target="_blank" rel="noopener" data-wpel-link="external">April 15, 2024</a>
 </blockquote> 
 </div>
</figure> 
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.&nbsp; 
Edell <a href="https://www.rollingstone.com/culture-council/articles/beyond-tiktok-privacy-security-and-blockchain-1235005385/" target="_blank" rel="noreferrer noopener" data-wpel-link="external">suggests</a> that using blockchain for distributed control in cryptocurrency can empower users to own their data, reducing risks linked with centralized control. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/04/17/tiktoks-byteplus-and-mysten-labs-forge-path-for-web3-gaming-on-sui/" target="_blank" rel="noreferrer noopener" data-wpel-link="internal">TikTok’s BytePlus and Mysten Labs Forge Path for Web3 Gaming on Sui</a> 
</blockquote>

TikTok Faces Data Transfer Claims, Blockchain Pitched as Solution

The Crypto Times

Other articles published on Apr 17, 2024

Token Burn Propels SHIB As Analysts Eye Critical ‘Gray Box’ Support Level

‘Dogecoin purer than Ethereum:’ Elon Musk, execs react to Top 10 move

Aark Raises $6M Funding to Accelerate LRT Liquidity Integration for High Leverage Trading (17 Apr)

New Legislation in the US to Tighten Cryptocurrency Regulations

Shiba Inu's Supercycle: Insider Optimism Peaks as BTC Halving Nears

Introducing CRUIZ: Revolutionizing Ride-Sharing with AI and DePIN Technology

Join our free newsletter for daily crypto updates!