How Secretum Using Solana Solves Blockchain Problems
There are decentralized apps that allow you to text and exchange files securely. Find out more in our LATOKEN review!
Social networks are constantly facing global challenges and issues. For example, on October 4, Facebook, WhatsApp, and Instagram temporarily did not work. Then Twitter, Telegram, TikTok, Google, and Amazon users began to complain about the crashes. And this, unfortunately, is far from a single case.
Another major flaw in social media is data leaks. For example, last week, Facebook accused a Ukrainian citizen of stealing and selling the personal data of 178 million social network users on a hacker resource. The attacker used the Contact Importer function, which had previously led to the theft of data of 533 million users of the service. The feature has been removed since the last case. In our LATOKEN reviews, we often share tips on how to avoid becoming a victim of crypto scams, and for a good reason.
Social networks are extremely popular and top-rated — they are used by over 3.6 billion people worldwide. The leaders are WhatsApp and Telegram. The last one supports end-to-end encryption and secret chats. However, both services suffer from hacks, leaks, and crashes.
Is there any solution?
These challenges and issues can be solved with the help of blockchain technology. A distributed registry helps ensure the security and privacy of messaging. For example, the Secretum application that was created on the Solana platform has a lot of advantages:
- Anonymous registration;
- End-to-end encryption;
- No collection of platform data and third-party data.
You can communicate with other users using the wallet address. The app supports not only text messaging but also audio as well as video. Messages are not moderated, thereby maintaining confidentiality. In addition, Secretum allows users to create channels to communicate with the community and potential investors.
Some crypto exchanges are hacked by crypto scammers, and the losses amount to tens of millions of dollars. In August 2021, an attacker managed to gain access to the wallets of the Japanese trading platform Liquid, resulting in more than $80 million being stolen. Therefore, it is imperative to choose a crypto exchange with caution. For example, LATOKEN is an international, one of the leading crypto exchanges, and also IEO launch platforms with a focus on security and useability. So you can just forget about the LATOKEN scam!
There are crypto exchangers in Telegram; most of them are unsafe and cannot guarantee the safety of user funds and the purity of the transfer. To solve this problem, the Secretum app has integrated a P2P cryptocurrency trading function, which allows you to exchange not only standard tokens but also non-fungible tokens (NFT). Transactions are performed on the Solana blockchain.
By the way, you can always start trading the SOL token on the LATOKEN exchange!
The possible future
Blockchain technology makes social media more anonymous. End-to-end encryption and no data collection enhance privacy. With further development, we might expect the appearance of p2p-services for the exchange of cryptocurrencies within applications.
The current problems of Facebook, WhatsApp, Telegram, etc. are catalysts for the development of social networks of a so-called new generation. Perhaps there will be a lot of decentralized services in the near future, where information exchange will not cause any questions or doubts.
- Ranked #2 worldwide in the startup tokens primary market with 220+ IEO’s since 2017.
- Has over 2 mln registered users, over 1 mln Android app installs.
- Is in the TOP 10 of CoinGecko rank by the amount of token pairs and coins listed.
- VCTV, a live streaming panel with high-profile industry leaders, produced over 500 shows to advise traders and investors how to navigate the crypto world with discussions, news updates, and interviews.
- Advisory Board includes former CFOs from JP Morgan and Paypal.
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LATOKEN crypto exchange does not provide any investment, tax, legal, or accounting advice. This article is written for informational purposes only. Like other assets, cryptocurrency is subject to market risk. Please do your own research and trade with caution.