Twitter CEO Jack Dorsey Speaks About Bitcoin

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Jack Dorsey, the CEO of Twitter and Square, spoke at this year’s Oslo Freedom Forum (OFF) explained the importance of blockchain technology to micro-blogging platform Twitter.

Oslo Freedom Forum is “a series of global conferences run by the New York-based non-profit Human Rights Foundation (HRF) under the slogan ‘Challenging Power’.”

At this two-day virtual event, Dorsey was interviewed by Thor Halvorssen, the President of HRF.

Half way through the interview, Halvorssen asked Dorsey what Twitter was going to do to improve the security of its backend.

Dorsey said:

“I fundamentally believe that security is something that can never be perfected… it’s a constamt race/// it’s a constant push to be 10 steps ahead of your hackers…

“And I think there are a few elements that are really important within that race.

“One is creating a lot of agility internally so that we can recognize flaws quickly and then fix them and advance them.

“Two is getting outside feedback and people who are watching from different angles and researching from different angles to actually see what’s what’s happening.

“And then, third, making sure that we’re building the right secure systems within our platform so that we can have trust in an untrusted environment. And there’s a lot of newer technologies that provide for this.

“I mean, the the whole of the whole spirit of Bitcoin, for instance, is to provide a trusted system in a distrusted environment, which is the internet, and those technologies will provide us new capabilities where we can do this internally as well and provide a lot more peace of mind… that this is something that even if you have untrusted parties entering in the system as workers, as people who are using the service, that it is still secure, it is still protected…

And the more of those technologies we build in, the more the technologies that are linked to an identity and a security system that you as an individual uniquely own, the more we can use biometrics to hook that up… the more we’re giving the individual the keys, the safer this whole system is going to be….