Facebook to have secured chats

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Mark Zuckerberg in his facebook post said that in future Facebook will have private and secured chats.
Facebook Inc Chief Executive Mark Zuckerberg said that facebook is going to encypt the conversations in its messaging service and would follow the future of private online conversations.
In his post on Facebook he said that within a few years direct messaging would dwarf the discussion on current open forum where any public post can go viral across the world within minutes. He said, Working towards implementing end-to-end encryption for all private communications is the right thing to do,”
Untill now the law enforcement surveillance have been tracking information and messaging to come to a conclusion for more profound cases. In future this chance by the company might confuse them as they would not be able to trace end-to end encrypted messages. It would also limit company’s revenue through targeted ads.
Facebook users would be able to communicate with WhasApp users while only having a messenger account and vice versa. Users will also be able to select for how long the chats are to be saved.
The future of communication will increasingly shift to private, encrypted services where people can be confident what they say to each other stays secure and their messages and content won’t stick around forever,” he said. “This is the future I hope we will help bring about.”
With this declaration facebook facebook shares rose 0.7 percent on Wednesday. However snap Inc shares which own snapchat dropped by more than 2 percent.
As per Zuckerberg people might be skeptical regarding the privacy of facebook as the company does not have services that emphasize on privacy. Lawmaker and users in the past have already said that facebook is not doing enough to safeguard the information of its users. Zuckerberg said that facebook has always showed that they can evolve to build the services that people really want.
Facebook is the leader of online messaging along with its WhatsApp, messenger and Instagram. Each of these have more than 1 billion users. It is only WhatsApp that secured outside information.
Police is now worried that they will no longer be able to access online track records of religious extremists or other perpetrators. More encryption would make it more difficult to trace an information hence the police are now trying to find an alternative media.
Once the encryption is done, target advertisements will also reduce. Facebook might need to lookout for options to generate revenue.
WeChat generates revenue not only through ads but also by creating a marketplace for games, merchandize and taxi services. Since 2016, facebook has encouraged conversations between consumers and sellers but it has not revealed the revenue generated by it.
Zuckerberg said that enough thought still needs to be given to see business in messaging.
If facebooks follows the WeChat strategy to generate revenue by accepting other options apart from ads , it would be something the investors are craving for.

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