The Secretum revolution powered by Solana: making trading as easy as messaging

The number of messaging applications continues to increase. Every day, the number of users of these apps exceeds 3.6 billion and the number of messages exchanged exceeds the 145 billion of messages. Today, two giants stand out undoubtedly, to have Telegram and WhatsApp. However, the reasons are radically different:

  • For its part, Telegram has been operational since 2013. It would be a best version of his big sister Whatsapp. Indeed, the available options are more advanced, in this case at the level of the encryption end-to-end, more storage space and the ability to create private (secret) chats. The number of users currently exceeds 500 million.
  • Whatsapp was the first to come of the two, claiming to have been the pioneer in terms of VOIP solution on a global level. Existing since 2009, Whatsapp was the subject of a takeover by Facebook for an amount of twenty million dollars in 2014. Today, the number of users exceeds 2 billion and it’s the most well-known messaging app on the planet.

Beyond an undoubted success, it is clear that these two applications have the same flaw. Indeed, their users are victims of leaking personal data, privacy that is violated or even the cybervolts. Here are some highlights in this regard:

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  • Whatsapp got scoopeda fine of 255 million euros under a sanction from the European Union’s privacy watchdog. The reasons being data sharing and processing violations in September 2021.
  • In August 2020, the hack Telegram suffered resulted in the exposure of personal data of 500 million people and more.
  • During the year 2019, hackers managed to introduce spyware inside the phones of WhatsApp users and to intercept private exchanges.

Faced with these facts, Lithuanian developers had the idea to set up a messaging application that relies on the blockchain. This would be able to ensure complete confidentiality and security of the messaging system. This is Secretum.

Secretum: Better than Telegram WhatsApp

Secretum can boast of being the pioneer, but also the only messaging app that benefits from complete decentralization, encryption and security. This app is based on the blockchain Solana. By its very architecture, but also to the specific features of blockchain technology, Secretum has many advantages, namely:

  • The messaging is end-to-end encrypted for all exchanges. No censorship is applied. There is also no moderation and the user enjoys complete confidentiality;
  • Messages as well as files are stored exclusively on trusted nodes. These are independently verified within the Secretum network. There is therefore no single point of failure, as is usually the case with messaging services. cloud-based.
  • Registration is carried out entirely anonymously and exclusively through the user’s cryptographic wallet address. The latter does not need to provide personal data such as a name or a telephone number, avoiding any risk of leakage or hacking.
  • No data collection for marketing purposes, this practice that is very often encountered with other messaging apps.
  • The ecosystem was built around the SER token, allowing staking and rewarding active users who, through their messages and stored files, participate in the development of the Secretum network.
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In addition to an application combining user-friendliness and intuitive handling, the options available allow Secretum to have a significant competitive advantage over Telegram and Whatsapp.

Secretum

Either way, Secretum goes way beyond the concept of a messaging app. Indeed, this protocol integrates a digital currency trading function thanks to which users have the possibility of carrying out the peer-2-peer exchange of cryptographic assets (whether fungible or non-fungible assets – NFT) almost instantaneous, Has among the lowest costs of the market. This is possible through Solana technology.

Secretum: messaging and trading solution for the global cryptosphere

Like the messaging features that set Secretum apart from existing apps, the OTC trading options also make it a crypto trading solution that stands out:

  • Traders can contact each other in one-to-one or one-to-many mode, that is to say have one or more interlocutors via sending messages. Thanks to this, Secretum makes it possible to release hidden liquidity in the crypto markets, which makes it possible to optimize the prices of the trades, as well as the time frames in which the transactions are executed.
  • The OTC trading option works well with NFT tokens as they are not publicly traded. The contact between buyers and sellers is ensured by Secretum and they are exchanged between them through the addresses corresponding to their portfolios. Communication takes place quickly, securely and above all anonymously.
  • The landscape of decentralized or centralized cryptocurrency exchange platforms results in the market exhibiting fragmented liquidity. Block trades can have an impact on prices. With the possibility of carrying out wallet-to-wallet exchanges, prices as well as market flows can be stabilized.

One thing is certain, the over-the-counter formula in force on Secretum benefits from the development of crypto-currency exchanges: the volumes traded are of the order of $ 1.5 trillion monthly for 2021:

Secretum

By combining innovative trading options with exclusive messaging options, Secretum could well rise to the rank of essential trading and communication solution in the global cryptosphere. As holding digital currencies becomes more popular, the public will need transparent exchanges as much as secure communications. Secretum will then naturally arise as “the” solution to this. This app should be much more than the successor to Telegram or WhatsApp, and build the foundations for a new blockchain era.

Secretum

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