I may be skeptical here but this really concerns me and so far, I have not seen anyone ringing bells on this.
The very concept of Block chain and Crypto was/is based on decentralization, privacy or to say secure your data from unauthorized, unidentified use.
In past few months and weeks, it was observed that there is a huge influx of Crpto – useless Sh*t*y Coins, Token etc.
There seems to be nothing! Like purpose, use, utility, benefit, special feature, contribution and so on and usually the names are enough to give the impression.
Now coming to the topic!
Most of these use Airdrop or ICO (initial Coin offering) and using platforms like Telegram, CMC etc.
What they want in return? Your DATA!
- Telegram Handle
- Twitter Handle
- Wallet Address
People in crypto and block chain may or may not have basic understanding about use of Technology, AI, Machine learning, if not then they can use some sense as well, how much effort would it need to develop a simple program or algorithm to collect and map these?
Any Tech giants or Govt. having resources and technology interested in collection, analyze, map and create a database then probably buy offering couple of ICO’s and Airdrops, after few cycles will be able to gather enough data and link as by Giving-up some of your information, while other information is already collected like:
- Device ID,
- Wifi Network
- Phone number
- Location
Sounds like an Easy Deal !
What I am not sure is if possible to link the platforms as well from the wallet address e.g. if user X with these above information is using Coinbase, Binance, Crpto.com KuCoin or any other wallets like Trust Wallet etc.
If possible, then there is no issue in re-mapping anyone by wallet address to their social media accounts and then to their device ID’s Location etc. and any activity on that wallet address can be monitored.
Would like to know your opinion on this. Kindly comments and share your thoughts.
