Maggie Interview
MAGGIE INTERVIEW Inter vi ewe d b y: A cqee l Zi yad W ebsi te : www.maggie .vi p
Yuxuan Xu
Fintech Review (FR): What problems does Maggie solve?
Maggie CEO & Co-founder
Yuxuan Xu (YX): We believe that centralized SNS cannot sustain for long. As we all know, SNS giants even like Facebook and Twitter now have become part of a “big brother” like system, let alone other centralized SNS apps that initiatively monitor, censor, and even sell users’ data & information. There is actually no privacy on a centralized web in this big-government era. Essentially, Maggie tries to build a free SNS based on Blockchain. Tactically, Maggie will start from “make dating free again”. Maggie positions itself as an SNS platform featuring strict certification, high privacy, weak tie and strong personality, and will facilitate efficient transfer of values among users through whole-network analysis & matching and smart contract functionality. Furthermore, the unique tamper-resistance of blockchain automatically establishes a credit system at Maggie’s platform. FR: Why does blockchain technology allow Maggie to solve this unique problem, while traditional technologies cannot? YX: We believe the utility of Tokens, Smart Contracts and Ecosystems are the most valuable blockchain advantages that Maggie will take to differentiate from traditional centralized technologies. By using token, users could preserve their essential privacy, anonymously provide or accept value from others. The buyer doesn’t need to know who the seller is but only care about what value he/she could provide. Think about the transaction fee in BTC we only care about the transaction that is
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packaged into block, don’t need to consider which particular node we pay. By using smart contracts, we have the possibility of building a truly decentralized application. Users don’t rely on the centralized commercial organization any longer to deal with O2O transactions. All the regulations are discussed with the communities and published on the blockchain via smart contract. Maggie will collaborate with other blockchain communities. More and more decentralized blockchain services will be adopted. By participating in the ecosystem, we build the ecosystem together. We will focus on open discussion and collaboration to guide us forward. FR: Is the Maggie platform vulnerable to an attack similar to what Ashley Madison, why? YX: No, this is not the case with Maggie. In a centralized web, attackers can just hack a central server and get all important data. However, in Maggies’ decentralized world, there is no central server for hackers to attack. Maggie would ask users to verify their essential privacy by their selves then get the certification which is the only information that others could inquiry on the blockchain, kind of ZCash’s idea. The KYC process is not centralized, neither the privacy. FR: Why would users want to use the Maggie platform, instead of using platforms like Ashley Madison? YX: Maggie offers a full set of protection mechanism for user’s core privacy. The whole process is similar to a masked ball. Maggie will meticulously verify the identity of participants to ensure only those qualified can enter the room. Inside the room,
