TikTok Owner to Use Blockchain Technology - PowerPoint PPT Presentation

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TikTok Owner to Use Blockchain Technology

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The recent news and controversies surrounding the security flaws of TikTok make a strong case for the company shifting towards blockchain technology. – PowerPoint PPT presentation

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Title: TikTok Owner to Use Blockchain Technology


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Tik Tok Owner To Use Blockchain Technology
  • It was recently reported that TikTok, the
    renowned video-sharing app, developed serious
    security vulnerabilities. CheckPoint, the leading
    provider of cybersecurity solutions, has reported
    that it has come across flaws that will allow
    hackers to take entire control of TikTok
    accounts, upload and delete the videos,
    manipulate the content, and reveal personal
    information such as private email addresses.

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  • CheckPoint revealed that the security flaws would
    make it possible to compose and send standard
    text messages to any phone on behalf of TikTok.
    TikTok's website has a feature that allows users
    to send a text message to themselves for
    downloading the app. This meant that the
    attackers could create a fake text message that
    appeared as if it was from TikTok but was
    actually a malicious link.

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  • The moment a user clicked on the link, the
    attackers gained total access and control to
    their accounts. Another vulnerability found in
    the TikTok web domain is allowing attackers to
    insert a malicious code through which they could
    gain access to the personal information of the
    users.

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  • CheckPoint has revealed that it has disclosed the
    findings and details of each and every
    vulnerability to TikTok and that they have now
    been patched. As mentioned by Luke Deshotels of
    TikTok's security team in a statement, "TikTok is
    committed to protecting user data. Like many
    organizations, we encourage responsible security
    researchers to privately disclose zero-day
    vulnerabilities to us. "Before public disclosure,
    CheckPoint agreed that all reported issues were
    patched in the latest version of our app. We hope
    that this successful resolution will encourage
    future collaboration with security researchers."

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The Team Behind Tik Tok
  • ByteDance, the owner of TikTok, is a technology
    firm that operates on a range of content
    platforms that aim to educate, inform, inspire,
    and entertain people across cultures,
    geographies, and languages.

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Byte Dance Pivots To Blockchain
  • At a time when TikTok is under fire for its
    security flaws, ByteDance is actively considering
    blockchain technology and is hastening its
    research and implementation. A critical update
    was released recently by cybersecurity firm
    CheckPoint due to the severity of the security
    flaw found in the app.

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  • A few weeks ago, news reports revealed that
    ByteDance was actively working with Chinese State
    Media for integrating blockchain and AI into its
    business model. The joint venture that will focus
    on the digital rights of short videos and
    security is expected to cost 1.43 million and
    will be named as Pengpai Audio Visual Technology
    Co. Though details about the joint venture have
    been kept secretive, the fact that it focuses on
    audiovisual content leads people to believe that
    it will be implemented on TikTok someday, if
    successful.

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  • In the words of Oded Vanunu, head of product
    vulnerability research at CheckPoint, "the
    vulnerabilities we found were all core to
    TikTok's systems."

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Authentication Of Deepfack Content Using
Blockchain
  • Apart from the security flaws, one more reason
    for TikTok to venture into the blockchain sphere
    is to verify video content. Many people claim
    that this seems to be part of the long game for
    TikTok, focusing on the fact that its new
    blockchain is focused on 'digital rights.'
    Someday, users can hope to see a
    blockchain-enabled verification system
    implemented on the app. This will make TikTok a
    first of its kind as it will be able to
    authenticate users and offer deepfake
    capabilities.

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Conclusion
  • The recent news and controversies surrounding the
    security flaws of TikTok make a strong case for
    the company shifting towards blockchain
    technology. As we know that ByteDance is already
    working towards it let us wait and watch the
    various methods it adopts to solve its security
    flaws and make the app extremely secure for its
    users.
  • To have a lucrative blockchain career and become
    a blockchain expert, check out the online
    blockchain certifications offered by Blockchain
    Council.

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Blockchain Council Certifications
  • You can check out our certifications, and kick
    start your career in the Blockchain space today.
  • Certified Blockchain Expert
  • Certified Blockchain Developer
  • Certified Smart Contract Developer
  • Certified Solidity Developer
  • Certified Ethereum Developer

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