Quora on Blockchain Is the Next Big Thing

Quora had a data hack. The company found it on Friday, Nov. 30, but reported it on Monday. About 100 million users might have had their data stolen. To prevent future hacks like this one, blockchain tech can help.

Quora Had a Data Hack

Quora is an online platform where users can post questions and others can give their opinions. The company is based in the Silicon Valley area. It was created by former Facebook workers.

The website became available to the public in 2010. Now, it has over 600 million visits per month. The site is among the top 100 websites in the globe. 

Quora discovered the hack on Friday. It reported the incident within the 72-hour timeframe that laws require. According to the company, about one-third of all user accounts might have had their data stolen. The info that the hackers took might include names, emails, data from linked accounts, passwords, and direct messages. Even more, the company’s CEO tried to downplay the hack by saying that only a low fraction of users used direct messaging. Additionally, the CEO said that it is unlikely for the hack to involve identity theft. 

Blockchain Can Help Quora

Blockchain is new tech that lets the public confirm information. Satoshi Nakamoto, an anonymous user, invented the tech. The new tech can help with cyber issues like the Quora hack.

Blockchain’s main draw is decentralization. Because centralized systems have limited resources, they sometimes need to put speed over security. Thus, their systems experience hacks at times.

However, blockchain can help decentralize the web. And, one example of companies that are doing it includes Gladius. Gladius is a pioneer in blockchain cyber security. Thus, it is building a distributed model. In the model, people can rent out computer bandwidth that they do not use.

Just like the Internet built the new era of tech, blockchain will help build better systems. Consequently, the next step for Quora is blockchain. Users formed around platforms like Quora because of communities; similarly, users will form around blockchain economies. If blockchain startups find a way to reduce hacks, the new tech will be safer than the old one. Furthermore, blockchain offers better records that the public can confirm.