People Using Cryptocurrency For Secret Communications

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Blockchain, the technology that powers cryptocurrencies like bitcoin, has been hailed by many as one of the decade's most important technological advancements. The ledger-like system not only makes digital currencies possible, but could also be applied in several other industries to facilitate fair, open transactions. However altcoin
DigitalNote
is putting blockchain to use in order to send secret messages in regions where privacy is an unheard of luxury.
Rise In DigitaNote's Popularity
Developers for DigitalNote said they saw a rise in the use of the altcoin in places like China and Russia, where strict government restrictions prevent residents from sending private communications. To get around that obstacle, users were downloading DigitalNote wallets and sending small amounts of the cryptocurrency back and forth alongside encrypted messages.
Secret Messages
DigitalNote uses blockchain in order to manage transactions, but the cryptocurrency also includes an encoding technology called Cryptonote. The encoding system has made the cryptocurrency into a secure messaging service for people living in regions where government surveillance is a problem. Since the cryptocurrency is decentralized and has no one owner much like bitcoin, it would be difficult for a nation's government to ban its use.
Privacy Concerns
Questions about government surveillance throughout the world have been at the forefront of recent debates about privacy rights, something many say has helped propel the use of encrypted messaging services. Companies like
GoogleGOOG
and
FacebookFB
have promised to secure their messenger applications using encryption, but many worry that their compliance with the National Security Agency suggests that their services aren't safe either. However, messages sent through an open source, peer to peer cryptocurrency like DigitalNote are much more likely to be completely secure Blockchain, the technology that powers cryptocurrencies like bitcoin, has been hailed by many as one of the decade's most important technological advancements. The ledger-like system not only makes digital currencies possible, but could also be applied in several other industries to facilitate fair, open transactions. However altcoin
DigitalNote
is putting blockchain to use in order to send secret messages in regions where privacy is an unheard of luxury.
Rise In DigitaNote's Popularity
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Developers for DigitalNote said they saw a rise in the use of the altcoin in places like China and Russia, where strict government restrictions prevent residents from sending private communications. To get around that obstacle, users were downloading DigitalNote wallets and sending small amounts of the cryptocurrency back and forth alongside encrypted messages.
Secret Messages
DigitalNote uses blockchain in order to manage transactions, but the cryptocurrency also includes an encoding technology called Cryptonote. The encoding system has made the cryptocurrency into a secure messaging service for people living in regions where government surveillance is a problem. Since the cryptocurrency is decentralized and has no one owner much like bitcoin, it would be difficult for a nation's government to ban its use.
Privacy Concerns
Questions about government surveillance throughout the world have been at the forefront of recent debates about privacy rights, something many say has helped propel the use of encrypted messaging services. Companies like
GoogleGOOG
and
FacebookFB
have promised to secure their messenger applications using encryption, but many worry that their compliance with the National Security Agency suggests that their services aren't safe either. However, messages sent through an open source, peer to peer cryptocurrency like DigitalNote are much more likely to be completely secure.
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