A System For Blockchain-based Micro-blogging And A Method Thereof

Category- Blockchain

Industry Classification:

NIC (2008)- 6201- Computer programming activities ; 631- Data processing, hosting and related activities; web portals
NAICS (2022)- 516210 Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers
Applications- securely posting and managing content; digital advertising for targeting the right audience, efficient data management, data safety, and content management; smart contracts
Market drivers:
The global blockchain technology market size is projected to grow from $27.84 billion in 2024 to $825.93 billion by 2032 with a CAGR of 52.8%.

The existing social networking systems comprise a centralized mechanism which configure service providers to be the sole authority to control user data and user content in the social networking platform. This raises concerns on the security and accessibility of user data.
Decentralized platforms models such as federated platforms and equal rights providing social networking platforms either do not devolve rights completely or face problems in data routing and storage.
There is a need for a highly secure system and method for publishing and managing content in a decentralized social networking platform, that is devoid of the problems mentioned above

The system comprises a distributed network of mobile devices wherein each mobile device comprises a client application such as a microblogging application over a blockchain node.
The blockchain network may comprise a light TCP/IP server suitable for mobile devices and a consensus algorithm such as Stellar Consensus Protocol (SCP).
Each mobile device functions as a blockchain node. Further, the blockchain node comprises the client application along with an application program interface (API) such as, REST API, a business logic module, a blockchain network , a consensus protocol and a database
The content regulation mechanism employs one or more federated machine learning techniques along with blockchain level consensus protocol to validate the user generated content, before publishing the user content in the microblogging platform.
Finally, based on the maximum type of consensus received from all the blockchain nodes a decision is made by the client application, to either publish or drop the user generated content.
A smart contract may be generated between user/blogger and the sponsor with essential conditions for rewards. When the essential conditions in the smart contract are met payment is activated from the sponsor’s wallet. These rewards may be claimed at physical stores using a smart card.

Embodiment, the decentralized microblogging platform may comprise the blockchain which may be a permissionless type, thereby ensuring rights for all the users in the blockchain network. Whereas, conventional decentralized federated models do not provide equal rights to users
Hence, each user is responsible for the storage and availability of their content/data. Advantageously, since the entire blockchain-based microblogging system is decentralized, there does not exist any single point of failure or data breach. Therefore, the broker-less system provides secure personal data and anonymity protection to the users’ content. Whereas, conventional social networking systems store data in centralized servers which if compromised can lead to mass privacy violations and data breaches.
The smart-contract based content monetization mechanism between sponsor and bloggers prevents any concerns associated with trust, manipulation, violation of contract, etc. Conversely, conventional platforms that rely on traditional contracts and legal systems for agreements between the creators and sponsor are unable to protect rights of small creators when the contract terms are breached due to expensive litigation and dispute resolution processes.

Prof. Prabhu Rajagopal

Department of Mechanical Engineering

TRL 2

Technology Concept formulated

Technology Transfer