There is no denying that social media has come a long way today. Gone are the days when platforms like Facebook and Twitter were only used for building new relationships and nurturing old ones. Today, these platforms are used for influencer marketing, branding, lead generation, and more. However, the significance of these channels has been dwarfed by corporate greed and unethical revenue-generation models. This is why GLBrain was built- to ensure privacy data control and build a sustainable social network.
What Makes GLBrain Better than Existing Social Media Platforms?
GLBrain was built to leverage blockchain technology that is known for its unparalleled security and privacy features. It has combined the product with its online mall to offer the users the best of both worlds- eCommerce and social media. It’s essentially a blockchain social network that uses distributed ledger technology to keep off third-party companies from accessing private user data for personal gain.
The Global Brain created Internal Receipt Ledger which makes it possible to time-stamp and verify every single transaction that’s processed on the network. The chain codes and data blocks, however, are stored on separate servers so that the data is tamper-proof.
Another important feature of the Global Brain is the chain-code system in which the database is managed in the form of rows and columns. Connections between the nodes are established in a highly organized and systematic fashion for different kinds of requests viz. accessing a user profile, sending a friend request to a user, etc. It also focuses on custom connections for different communities since the online mall is also a part of the project. This way, users who wish to purchase certain goods and services can find relevant options through these custom connections. At present, the database covers more than 224 countries and 52,000 cities!
Preparing for IEO
The development of the GLBrain platform started in 2012 and now it’s fully developed and in operation. However, it’s now taking the IEO route to raise funds for marketing that involves business partnerships with regional institutes and corporates, further development of the External Receipt Ledger function, and the financing of the Security Token Offering which is based on the revenue sharing model. If you are interested in learning more about it all, then you can visit this page.


