Since time immemorial, controlling what the public think and talk about has been a matter of utmost importance for the government, regardless of whether it was a monarchy, dictatorship or an independent democracy. Controlling or influencing public opinion is always on the agenda of the governing body.
Enter Keyport, an encrypted messaging app that ensures the sent message is encrypted and only the receiver can decrypt it. The messages are added to the blockchain, so each message requires a tiny amount of money to be paid as miner fees. Users connect to the Bitcoin Cash network, so their messages cannot be censored by a third party.
Shravan Shandilya, one of the two founders of Keyport, says:
“What we observed was that merchants already had payment gateways and we should look at other ways to increase user adoption. Around the same time, we observed that censorship on multiple platforms such as Twitter, Reddit has become rampant. We saw firsthand that when information controls as in the case of the bitcoin subreddit, people cannot see the other perspective.”
Common chatting platforms like Reddit, Telegram, Facebook all share the same problem, the messages can be intercepted or even the chat may be blocked. Whatsapp, for example, uses the Signal Protocol, and according to WikiLeaks’ Vault7, which goes into the hacking tools in possession of CIA, Signal can be bypassed.
As Keyport uses a decentralized blockchain technology the message, once sent, is secure all the way. It seems the only way to block even Keyport is by denying a region its internet connection entirely, as every blockchain technology requires the internet to connect peers.
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Small victory for iFinex, Monero responds to Reuters report and more
Crypto News – 23 May – Small victory for iFinex, Monero responds to Reuters report and more
— AMBCrypto (@CryptoAmb) May 23, 2019
Crypto News – 23 May
Another banks drops crypto-project: After Dutch multinational bank, ABN AMRO, Rabobank announced that it is dropping plans to launch its own crypto-project
Read more at https://bit.ly/2HN7l1P
SCB Thailand on XRP adoption: Thailand’s Siam Commercial Bank asked users to remain patient and wait for an announcement about integrating and adopting XRP for transfers
Read more at https://bit.ly/2YK3Lws
Mark Yusko on Bitcoin: Morgan Creek Capital’s Chief Investment Officer is in the news after he claimed that owning Bitcoin was a great way to diversify one’s portfolio
Read more at https://bit.ly/2Eukv2O
Binance Coin on adoption spree: BNB can now be traded on Tesla using two wallets
Read more at https://bit.ly/2YJn5cY
Binance Research on Facebook: New research by Binance claimed that the entry of Facebook in the cryptocurrency market will define market’s future growth drivers
Read more at https://bit.ly/2VKx8N1
Binance’s IEO performance: Binance led the IEO performance charts as new data revealed that the exchange’s Launchpad token sales outpaced competing platforms
Read more at https://bit.ly/2JX9gUg
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