CVChain GmbH has announced the upcoming launch of its CVCoins crowd sale, starting on 20th May 2017. The coin is designed for a new generation of encrypted communication platforms, such as Crypviser. Crypviser Network is a secure unified communication platform based on blockchain technology. It uses encryption protocols to allow individual and enterprise customers to overcome the security challenges posed by messengers such as WhatsApp, Viber or Telegram, which may suffer from hacking attacks and periodic outages.
The Crypviser communication platform, now in its alpha testing phase, has been under development since 2015. The developers have implemented a security core that offers protection on the local, network and server level and a cryptographic model. Crypviser’s solution both prevents information leakage to third parties and also eliminates man-in-the-middle attacks, local data storage vulnerabilities and allows detection of unauthorized interception attempts through integrated intrusion detection algorithms. It follows the principles ‘No Tracking,’ ‘No Tracing’ and ‘No Metadata Records’.
Crypviser Secure Protocol (CSMP) provides end-to-end encryption and a blockchain-based disruptive public keys distribution model. Every message sent over the platform is encrypted at the user’s side before it is transmitted over the network. At the same time, a unique public key authentication system enables the end users to verify each other’s public keys manually in peer-to-peer mode (for free subscription) or automatically through Blockchain transactions. It also provides local level security for storing data within a device using a symmetric 256-bit encryption key, based on finger movement patterns. CSMP includes reliable encryption technologies such as Elliptic Curve Cryptography, the stream cipher SALSA20/20, SHA3-512 HASH, etc.
The platform offers an all-around private social network application capable of sending messages and multimedia files, making voice, video or conference calls amongst other things. Businesses can utilise the secure cloud-based PBX features, special widgets, and services.
Crypviser will soon be launched as a freemium product. A free-of-charge plan will be available with limited functionality in manual protection mode for everyday communication needs, without worrying about security or downtime issues. Premium users will have to pay a small transaction fee to automate their encryption key’s authentication process and benefit from the protection offered by blockchain technologies, as well as to experience the ultimate features of Crypviser. Premium users can also use a full range of network capabilities and additional services, like secure international calls, incoming DID numbers, etc., for free.
Crypviser offers secure multi-device synchronization in an encryption mode known as Secure Sync. It allows users to run the same Crypviser account on multiple devices and different platforms. Regardless of the platform, users have complete control over their privacy by approving or denying screenshots of their messages on the other user’s side or forwarding their shared data. The auto-destruction feature ensures additional privacy by deleting the shared data after a specified period. Crypviser keeps users updated about their security status and, in case of any intrusion (like a man-in-the-middle attack), it sends out an immediate alarm for a possible risk.
The upcoming CVCoin ICO offers an opportunity for cryptocurrency’s community members and technology enthusiasts to invest. The crowd sale will allow the platform to raise the required funds while ensuring the best interests of its investors. Crypviser apps will be available soon on Google Play and Apple App Store markets in beta-mode. All participants of the CVCoin ICO will get a chance to test the Crypviser app for social communication in beta-mode.