A software program called a web service enables computer-to-computer communication over the internet. However, web services are nothing new and typically take the form of an application programming interface (API). The Web is a collection of related hypertext materials that may be accessed online. For example, a user examines web pages that may contain multimedia using a web browser and uses hyperlinks to move between them. Tim Berners-Lee, who was employed by CERN, The European Organization for Nuclear Research, in Geneva, Switzerland, invented the Web in 1989. Since then, Berners-Lee has actively directed the development of web standards and has …

Forget about tracking DAO votes, DeFi transactions or data breaches across many channels and platforms. Your Web3 mailbox will handle it for you without requiring your phone number or legacy email address. Instead, your wallet address will receive and organize all this information. At least, these are some of the promises made by Web3 communications companies attempting to build the first generation of blockchain-based messaging platforms: Web2 experience with Web3 privacy and security, and, most importantly, focusing on Web3 problems. Wallet's monthly statements, transaction notifications and hack updates, for example, are some of the contents users could receive in their …

The recent exploit on Harmony’s Horizon Bridge revealed the inherent flaws with multisignature admin keys that leave projects and their users “one small slipup” from deep trouble. Two crypto project leads expressed their concern that the expansion of the multichain ecosystem could be hampered by the use of multisig contracts due to the dangers they pose with bridges keeping crypto funds safe. Multisig refers to the requirement of multiple individuals to approve a transaction. The multichain ecosystem is the conglomeration of hundreds of blockchains with varying consensus algorithms that often interact through token bridges. Founder of the Moonbeam blockchain Derek …

Messaging apps are commonplace in our day-to-day interactions, with more than 3.6 billion people worldwide using them. For perspective, the average person is estimated to send up to 72 messages every day. While messaging has dramatically opened up the door to communication, recent high-profile events have shown just how concerning the management of data collected from these apps can be. In September 2021, WhatsApp was fined 255 million euros for data sharing violations. Before this, in August 2020, Telegram suppressed a data leak that exposed the personal information of nearly 500 million of its users. Although these concerns were brought …

Smartphone maker Nokia has announced the launch Nokia Data Marketplace — the company’s enterprise-grade blockchain-based data marketplace infrastructure service. In a release issued on Wednesday, Nokia revealed that its new blockchain service reportedly offers data transaction and analysis within the framework of a secure private, permissioned blockchain infrastructure. As part of the announcement, Nokia declared that clients across diverse industries can participate in the blockchain network, leveraging the benefits of decentralized technology for trusted data transfer. An excerpt from the release reads: “This [the Nokia Data Marketplace] enables a wide range of vertical use cases, including electric vehicle charging, environmental …

Signal is reportedly under attack from Iranian authorities as interest is surging amid speculation the government already has access to users’ information on other popular messaging apps. According to Al Jazeera, many users of the privacy-focused messaging app in Iran have reported being unable to connect since Signal took the top position at the Google Play Store in the country this month. The app has already been removed from Iranian app stores Cafe Bazaar and Myket. In a tweet, Signal claimed it was “#1 on the Iranian government's block list” and working to get around the country’s attempts at censorship. …

Communication-related tokens have surged over 18 percent in the last week, following in the footsteps of Zoom and other telecommunications stocks. Increase in the remote workforce During tumultuous times, investors are eager to find assets that can provide shelter or a hedge from volatility. For many decades, this usually meant either gold or gold mining company stocks, since they tended to have a negative correlation with the rest of the market. Over the last decade, many have been prophesying Bitcoin (BTC) as the “new gold”. During the recent crisis, however, investors have turned to the telecommunication stocks, with some Capital …

London-based decentralized communication startup New Vector has raised $8.5 million to drive adoption for Matrix, a major alternative messaging protocol. Slack rival Riot.IM The Matrix protocol, which enables secure communication via end-to-end encrypted messaging applications such as Riot.IM, an alternative to WhatsApp, Telegram or Slack, will continue scaling and growing its network with the newly raised funds, New Vector announced on Oct. 10. Investors of the New Vector’s Series A funding round included London-based European seed fund Firstminute Capital, cloud computing and Software as a service (SaaS)-focused Notion Capital and enterprise software venture firm Dawn Capital, the firm said. As …

Dutch crypto derivatives exchange Deribit launched a block trading solution in partnership with American trading communication platform Paradigm. World’s first block trading tool for crypto derivatives The institutional block trading solution is reportedly the first one of its kind offered by a crypto-derivatives exchange, the firms said in a press release shared with Cointelegraph on Aug. 22. The new block trading solution intends to enable institutions to directly negotiate crypto-derivative trades via chat on Paradigm, while agreed information is automatically directed to Deribit for execution and clearing. What are block trades? Block trades are privately negotiated transactions in futures or …

There’s a novelty in finding new ways to communicate through coded conversations and secret languages. How is this being implemented for good — or otherwise — on blockchains? Since its beginnings, blockchain technology has led to many movements, including the formation of a unique crypto community. This blockchain community is forming its own lexicon (including a more formal vocabulary that industry opinion-makers are creating and debating and Twitter-based crypto slang like hashtagging Lambos and Bitcoin whales.) There is also another language that has developed, the one in blockchain platforms themselves — developed through a “glitch” in the blockchain system — …

Blockchain browser Brave is testing a new tipping function for social media platform Twitter on its Nightly version, it announced in a tweet on May 23. The post reads that users of Brave Nightly — the testing and development version of blockchain-based browser that blocks ads and website trackers — will have access to the browser’s new feature for tipping tweets with the Brave Rewards program. The feature is designed to award content creators with Brave native digital tokens, basic attention tokens (BAT). A related announcement on the project’s website provides a detailed explanation of the tipping feature: “When you …

Decentralized browser Brave is now the default browser on a phone from major smartphone manufacturer HTC, technology news outlet CNET reported Dec. 10. Founded in 1997, HTC is a Taiwanese consumer electronics manufacturer, which was the leading smartphone vendor in the U.S. at the end of 2010, according to TechCrunch. The company's market share began decreasing, when it trailed Apple, Samsung, and LG with a roughly six percent market share in the U.S. in 2014. In 2017, HTC held 2.3 percent of the smartphones market share, while in 2018 it purportedly controlled less than a half percent. Brave — an …