Secretum is a messaging application that uses blockchain technology and it aims at privacy, anonymity, and Pier-to-Pier asset transfer. It combines the functionality of services like Whatsapp, Telegram, and Signal while also providing features for crypto and NFT traders making it an ideal messaging app for anyone with a crypto wallet. We will talk about the general overview of the Secretum app to understand its functions as well as its features.
Also, read | Unstoppable Domains: How to Buy NFT Domains, How It Works
Secretum is a one-of-a-kind decentralized app (Dapp) that is built using Solana Blockchain technology. The app provides encrypted messaging, calling, and video call functionality as well as the ability to trade cryptocurrency and NFT. It acts as an all-in-one app. So one can create and announce their NFT project through groups and channels on this app and sell their artwork here too avoiding high transaction fees and congestions.
Secretum provides a platform for all crypto wallet owners or people who put their privacy as first priority. It uses the web 3.0 concept and merges it to create a future-ready communication and trading app.
Secretum App Features
The app comes with a suite of features and functionalities which come with tangible advantages to attract normal consumers and crypto enthusiasts. Let us take a look at some of those features.
Secretum app uses decentralized nodes to maintain privacy. You can start using this app by just adding your private crypto wallet which is all you need to create an account. It does not ask for any other details or identity proofs ensuring privacy and anonymity.
The app also provides end-to-end encryption. The chat history and data are stored on decentralized distributed nodes of the blockchain instead of a centralized server. User data and their wallet address is validated on the blockchain by node maintainers so the chances of data leak are very low.
Also, read| Best Places to Buy Bitcoin Anonymously Without KYC
Ease of Crypto Trading
Secretum lets users trade cryptocurrency and NFTs. This is possible with their Over-The-Counter (OTC) service which integrates Escrow Smart Contract (ESC) functionality. Trading of assets is completely Pier to Pier. So, instead of going to the crypto exchange and selling or buying crypto there and paying heavy transaction fees, you can just find the right buyer or seller through their wallet address and contact them to trade with you.
This keeps the anonymity of the other person while at the same time eliminating all the issues of a crypto exchange. You can even negotiate for the right price or buy NFT that is currently not available on the NFT market by contacting the creator directly.
Related article | Top 3 Ways to Buy and Sell NFT in India
There is a heavy focus on security in Secretum. All the files shared on this application are encrypted and verified by the users and instead of storing them in servers or any cloud-based storage, it stores the data in the nodes of the blockchain. Also, as discussed above, all the transfers happen on a pier to pier basis.
Secretum makes sure to collect and store as little user data as possible so the chances of data breaches, hacks, password leaks, or Government censorship are next to impossible.
Content Creation, Engage, and Earn
On Secretum, you can also create your own channels like Telegram but here you can broadcast your content to other users and even earn a reward for participating and helping to grow the Secretum community. You can create content on any topic. Create a course or a lesson or seminar videos educating others. You can even create subscription-based content series or a playlist of lectures to help other new users of Secretum.
Secretum will let you post your content of public groups and channels to create a small decentralized social networking service and you will be able to pay for subscription-based content using the SER tokens. You can use these tokens for any payment made on Secretum. Not to confuse with trading crypto as you’ll not require SER tokens for trading.
Also, read | 8 Questions Answered About PancakeSwap Crypto Exchange
Secretum sets out to change how we communicate and trade in the future. Its advanced features based on blockchain technology sure provide it an advantage over other social media and messaging platforms and the ability to trade assets directly to users with minimal risk of breach & hacks makes it an ideal option for crypto traders.
You can also follow us for instant tech news at Google News or for tips and tricks, smartphones & gadgets reviews, join GadgetsToUse Telegram Group, or for the latest review videos subscribe GadgetsToUse Youtube Channel.
Source by gadgetstouse.com