One of the most important functions of a Q&A website is to ensure that the information on the platform is authentic. Smart contracts also make the calculations and payments for royalties automated. That is because blockchains make it very easy to ascribe ownership to content across various social media platforms.
This is one the key areas where blockchains can help provide fair compensation to the contributors and also create positive incentives to put in more effort for their work. Users are essentially just sharing knowledge out of their goodwill. Quora has a large and varied user base with members ranging from Scientists to Astronauts, Venture Capitalists, Entrepreneurs, Actors and even the President of the United States who used the site in 2014 to answer questions about .ĭespite the vibrant community and the enormous wealth of knowledge available on the website, there is no real way to monetize this information currently. This lends more credibility to the answers, and in many cases, those who answer are the people who are very experienced people in their respective fields. Unlike some other Q&A sites, like Reddit and Yahoo! Answers, Quora requires users to register with their real names or log in using their Google, Twitter or Facebook accounts. The majority of Quora’s users come from India and the second highest from the United States. Quora is one of the largest Question & Answer (Q&A) websites in the world that recently breached the 100 million users mark.
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