Former executives from SoftBank Ventures Korea, Line and Baidu have debuted a blockchain-based social networking protocol, CoinJournal reports. Called the TTC Protocol, the project seeks to reward users for generating and distributing social content and interacting with other users, the publication says. It’s being overseen by the TTC Foundation, which is incorporated in Singapore. CoinJournal notes that several blockchain-based social networks already exist, including Steemit, Indorse and Minds. Read more here.

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