Blockchain can reshape digital communication, and a Web3 communication platform details how to achieve that in its newly released white paper.
Blockchain revolutionizes digital communication by addressing key issues like interoperability, data ownership and privacy. User-centric Web3 platforms such as SendingNetwork play a critical role in this transformation, empowering users with ownership of their data.
Modern communication protocols and technologies offer vast opportunities to the quest for an interconnected world. However, fundamental issues and limitations keep the digital era from reaching its full potential.
The interoperability stands out as a challenge, hindering seamless interaction across diverse digital platforms. Another critical concern is data ownership. By engaging with various online services, users often surrender control over their data through the acceptance of terms of service. Moreover, the issue of privacy remains contentious as social media platforms’ assurances are at odds with their ability to access and monitor user conversations.
Blockchain technology emerges as a promising way to address these communication challenges —offering potential solutions to interoperability, data ownership and privacy. Developers can create on-chain messaging and an interconnected approach using blockchain, relying on peer-to-peer (P2P) network protocols for message transmission. However, it has shortcomings, including a lack of real-time communication and decentralization, along with network delays.
A three-tier approach to decentralized communications
SendingNetwork, a Web3 communication platform, comes with an innovative approach to address the persisting issues related to digital interactions and give users a permissionless, autonomous, private and scalable communication environment. The platform is unveiled in a white paper published by SendingLabs —a studio dedicated to developing a decentralized and encrypted communication infrastructure. The document outlines SendingNetwork’s approach to decentralized communications, aiming to set new standards in the Web3 space.
SendingNetwork transforms the approach to data ownership and user autonomy within Web3 communication platforms. The platform empowers projects based on the Ethereum Virtual Machine (EVM) to incorporate communication tools seamlessly into their software. SendingNetwork’s integration capability facilitates enhanced connectivity and interaction within the Web3 space, aligning with the evolving needs of decentralized applications and their users.
Designed as a versatile tool, SendingNetwork appeals to projects that aim to establish their decentralized communication infrastructure, whether it is a game, a wallet or a stock market. This adaptability positions the SendingNetwork as a key resource across a wide spectrum of digital applications.
SendingNetwork’s unique three-tier ‘client-edge blockchain’ architecture absorbs the advantages of decentralized communication stacks while addressing their limitations. This structure ensures robustness and user-friendliness, a rare blend in today’s complex digital environment.
SendingNetwork’s three-tier architecture ensures network efficiency. Source: SendingNetwork
The Client Tier functions as a secure digital vault, encrypting and storing user data on personal devices. Users have the flexibility to connect either through local P2P nodes for a closer connection or via delegation nodes for broader reach, emphasizing trust and user choice.
The Edge Network acts as SendingNetwork’s efficient message relay and caching system, ensuring fast, secure and private message delivery. It’s the backbone of the system that provides a safe and swift delivery of communications.
Finally, the Blockchain Core, operating as the system’s central component, handles registrations and incentivizes network participants. With unique consensus mechanisms like Proof of Availability and Proof of Relay, it upholds the network’s decentralization, resilience, and efficiency.
Users own and control personal data
SendingLabs, which raised $12.5 million in the seed financing round, intends to advance its ecosystem with SendingMe, an encrypted Web3 instant messaging platform that enables users to transfer tokens and NFTs directly within chat screens.
SendingMe is a part of the Sending Labs ecosystem. Source: SendingNetwork
SendingNetwork aims to make the Web3 communication environment of the future more secure, efficient and user-oriented. Its roadmap includes implementing end-to-end encryption, developing innovative consensus mechanisms and launching its mainnet.
Blockchain is poised to set new standards in the security and reliability of digital communication. Through Web3 innovation, users now have the ability to take back control from centralized entities and manage how their personal data is processed by platforms and services.
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