US Billionaires Plan to Utilize Polkadot’s Decentralized Parallel Chain for TikTok
McCourt’s plan includes using DSNP to rebuild TikTok and leveraging the Polkadot parallel chain social platform, Frequency. Frequency became a parallel chain on Polkadot in November 2022, with the aim of empowering individuals through ensuring content portability and privacy protection. According to its website, the protocol enables ownership of digital identities and control over online presence.