American billionaires plan to utilize Polkadot’s parallel chain for decentralizing TikTok.
McCourt’s plan includes using DSNP to rebuild TikTok and leverage the Frequency parallel chain social platform on Polkadot. Frequency became a parallel chain on Polkadot in November 2022, aiming to empower individuals by ensuring content portability and privacy protection. According to its website, the protocol enables ownership of digital identities and control over online presence.
