Messaging apps are common in our daily interactions and are used by more than 3.6 billion people around the world. For comparison: the average person sends up to 72 messages each day. While messaging services have sharply opened the door to connectivity, recent notable events have shown how important it is to manage the data collected from these apps. In September 2021, WhatsApp was fined €255 million for a data sharing breach. Before that, in August 2020, Telegram halted a data breach that exposed personal information of nearly 500 million users.
While these concerns have been brought to media attention, messaging companies continue to operate according to practices that indicate that data management is not permanently resolved. Perhaps most worrisome is the use of artificial intelligence (AI) and human moderators to mark (and thus monitor) all messages sent by participants, the need for messaging apps to access users’ personal contacts, and to collect IP data. Together, the growth in the number of Internet and mobile connections will only increase the amount of data stored and increase the risk of information theft from the cloud.
Secretum understands the need for a solution and leverages the power of blockchain technology. The platform itself is designed as the world’s first decentralized encrypted messaging app on the Solana blockchain. The platform allows users to communicate directly and anonymously with another wallet through a decentralized distributed network of nodes.
When asked why, one of their team members said, “We build this app because we represent a world where communications and assets are completely free from middlemen, theft risks, or other outside threats.”
To ensure user privacy, all data and messages sent and received on the Secretum platform are stored on trusted nodes on the Solana-based private blockchain. Therefore, Secretum messaging app does not collect sensitive personal information such as email address or phone number. Without data collection or storage, there is no risk of a data breach. Instead, the messages are based on the wallet addresses of each user on the node’s network.
In addition, it removes the security risks associated with centralized storage of user data using the blockchain and removes concerns about a central point of failure. Last but not least, Secretum strives to avoid geo-political hurdles and ensure that messages are not monitored, filtered, or tampered with by an unknown third party.
More information from confidentiality here
Today, the ability to send messages between wallet holders is unique in the market. In fact, the whole concept of communicating and trading with the other party without knowing it before or having each other in their contact lists is still foreign to most users. As a result, this communication layer will open up an infinite number of opportunities for exchanging not only messages, but also other assets and files from those that were previously disabled. The team believes that when combined with secure and economical crypto ownership and OTC trading solutions, it will be a major step forward in accelerating cryptocurrency adoption and adding liquidity to the market.
In practice, Secretum is built on a three-tiered architecture that includes the blockchain, the nodes, and the application itself. The first layer is the private network, which is the preferred method for ensuring user privacy, which also forwards the request from one node to another in the most efficient way.
Be part of the revolution
Secretum is developing the concept and structure of its project, including building and expanding the development team, attracting private investment in sales from the crypto community and venture capital funds, and creating an active community that will become the first users.
For those interested in supporting the project, Secretum recommends subscribing to a waiting list for future private sales. In this way, participants can enter the revolution of messaging and commerce that Secretum seeks to lead.