Exclusive: NEO GM Says Blockchain Could be Used to Replace Facebook

A senior NEO executive has questioned how Facebook handles data, offering blockchain as a solution to the problem of data consent. Speaking on his first time in London, he also said NEO are planning to create a European office to access the western market.

Blockchain: More Transparent and Private

Chen ‘Johnson’ Zhao, General Manager of NEO Global Development, said that it is difficult to tell who controls user data on Facebook and that there is little emphasis on users providing consent over who has their data. Speaking at the ‘Zeroing in on Europe’ conference on June 16 as part of London Tech Week, he also looked at the issues of compliance for cryptocurrencies.

 

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