Cambridge Analytica had plans to launch a digital currency
According to sources, the company had shown interest in the application of blockchain technology to support online data
The Cambridge Analytica company became famous in recent months after the “scandal” over the unauthorized use of private data by Facebook users, something that put Alexander Nix’s agency in the eyes of the world, in a negative way.
According to sources, the company had consulted to structure an “Initial Cryptocurrency Offer” (ICOs) and had shown interest in the application of blockchain technology to back up data online, something that remained in plans only after the controversy.
“Before the controversy with Facebook, we were developing a set of technologies that would allow users to recover their personal data from corporate entities, in order to have more transparency and control over how their personal information is used. including blockchain technology”, cited a company report.
It’s not surprising that the data analysis company was interested in this topic, since with the emergence of new technologies focused on the development and financial improvement, in the field of cryptocurrencies, ICOs have presented an excellent alternative to capitalize projects.
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