How Blockchain is Revolutionizing the Messaging Industry Apps

IBC Group News
4 min readApr 20, 2022

The urge to communicate with our fellow beings is a basic human instinct. Messaging apps play a vital role in fulfilling our need to be in touch with one another despite time and place differences. While popular social media apps can be convenient, they have been notorious for being invasive and unsafe. Other names among the messaging industry apps, such as Whatsapp, Telegram, etc., haven’t fared any better despite their claims of serving end-to-end encryption in their message service.

Recently, Facebook has had its share of legal battles where it was convicted of selling user data to advertisers, and Whatsapp’s infamous notification asking users to accept a mandatory notification had it embroiled in controversies. Truth be told, there have been increased instances of cyber thefts, fake news spread, privacy violations, and data hacks on these conventional messaging apps for several reasons:

  • Many of these apps require sensitive user data for setting up an account.
  • Much of the information is stored over a cloud server which is centralized and easier to hack.
  • Many apps unethically sell the personal info of the users to advertisers.
  • Other vulnerabilities such as surveillance and data leaks continue to persist.

The above threats are a high price to pay for a supposedly ‘free app’ that you all might be having on your phone right now. You might ask the question — Is there an alternate solution available? Is there a messaging industry app that aims to solve these issues?

The answer, of course, is yes. PunkPanda app is an invite-only, blockchain-based messaging app that allows users to communicate privately and securely. Several cutting-edge features make it one of the best blockchain encrypted apps, but PunkPanda is much more than just a messaging app.

Before we entice you further into the wild world of PunkPanda, let’s first discuss why blockchain can revolutionize the messaging industry apps. Here are a few reasons why we feel blockchain holds the ultimate solution to user privacy in messaging industry apps:

  • Blockchain, a decentralized peer-to-peer technology, allows only intended users to access the data. This helps keep the blockchain-based messaging apps secure and away from the centralized jurisdiction of a big corporation intending to control the information flow. Hackers, on the other hand, are unable to target or tamper with any records as the data is spread across nodes. There’s no single point of failure with blockchain-based messaging apps.
  • The transactions on a blockchain happen in a pseudo-anonymous peer-to-peer fashion. The trustless environment that a blockchain-based messaging app can ensure allows for the highest level of user privacy. Also, users don’t need to upload any sensitive personal info to register themselves on the platform.
  • Blockchain tech exists over a vast network of computers. All these computers share their resources and add idle server resources in exchange for blockchain rewards. This arrangement allows for a wider network of high-quality blockchain encrypted messaging services with lower prices and higher security.
  • Messaging apps built over a blockchain network enjoy seamless integrations with other utilities, including wallet services, online gaming, etc. The interoperability can exist between different messaging industry apps and devices.
  • Data stored on the blockchain is protected via cryptographic encryption and a pair of public-private keys. While public keys are accessible to everyone — just like your email address, your data can be accessed only via private keys — more like your password.

PunkPanda, a decentralized blockchain-based messaging app, inherits all the above features while bringing back user privacy and freedom to communication apps. PunkPanda messaging app allows confidential messaging, video, and voice calls via its peer-to-peer ‘panda tunnel’ — the system that ensures disintermediation and decentralization of the highest level. Moreover, its military-grade encryption protocols ensure optimum user privacy and security.

The PunkPanda ecosystem hosts six applications, including PandaPlay, PandaApp, PandaMeet, PandaProfit, PandaVault, and PandaPost. All these applications are seamlessly integrated and allow users to text, make video calls, play games, buy/sell/trade NFTs and share/store or even large video files.

As if that wasn’t enough, users can also mint their NFTs on the PunkPanda games and later on trade them on the in-app marketplace. Also, users can enjoy fantasy sports on the Panda 11 sports platform, which is already live.

The best thing about the PunkPanda app is that it pays you for using and sharing it. Anyone owning PunkPanda tokens is a part-owner of the platform and can partake in the revenue streams within the protocol. A part of the PunkPanda (PPM) tokens is allocated for the staking rewards during the earlier phases of the projects’ roadmap.

To earn staking rewards, all a user needs is to stake their PPM tokens in the staking pools that will be deployed during the IDO scheduled on 15th April. To begin staking your PPM tokens, download the PunkPanda app here and become a part of the blockchain revolution overtaking the messaging industry apps via PunkPanda!

--

--

IBC Group News

We are here to serve you with the most interesting and useful articles.