ChatCoin Whitepaper

Abstract

1.3 Instant Messenger software background
With the popularization of smart phones, Instant Messenger gradually replaces
traditional 2G SMS and voice calls in people’s daily life. In developed countries and
some countries where mobile communications are developed, instant messaging
software such as WhatsApp, Telegram, WeChat and so on has greatly facilitated daily
life and communication. Emerging countries with an absolute majority of their
population are in high demand for “IM + e-Payment” models. To instant messaging
software as a platform to build advertising, mobile games, e-commerce, peripheral
services and other services multiple products. Constructing a well-established online
ecosystem in emerging markets and creating a one-stop market for emerging markets
and workplaces is where the OpenChat team is fully committed.
While IM software is developing rapidly, traditional enterprises gradually expose some
problems in their operations.

Traditional IM applications usually include three parties: platform, partners and users.
Each side has a role to sustain the development of the platform. Although everyone
plays a key role. But the goals of these groups are to very different goals. The current
model does not provide a means by which their incentives can coexist and harmonize.
Driven by the supply side’s own interests, the future of social networks becomes unsafe.
The platform and partner associations do everything possible to gain access to users’
information in order to extract big data that is more suitable as a basis for promotion.
To ensure their own living space. However, this has left users in deep privacy.
In 2013, Facebook, Skype, Microsoft, Apple and Yahoo! were exposed to the Prisoners
Project being implemented by the U.S. National Security Agency, causing an uproar. As
a user, you have nothing wrong, but you may become the object of suspicion. They can
use this project to scrutinize all your past decisions and review all the friends you’ve
talked to perhaps just because you sent the wrong message once. Nowadays, users in
some areas pay more attention to personal privacy. Many people do not care what their
authority is used to do. Also do not care about the privacy policy statement in APP.
In 2016, a “Social Software Communication Privacy Ranking” released by Amnesty
International was widely distributed on social networks. This list compares and rates
current mainstream social software services from five aspects: “Human Rights
Protection”, “End-to-End Encryption”, “Risk Alert”, “Open Door to Open Door” and
“Publishing Encryption Technology Details”. As global mainstream IM Skype and
WeChat scores were only 40 points and 0 points (out of 100 points). Shows the
seriousness of the risk of privacy disclosure. The traditional information encryption
technology called “transmission encryption.” Service providers use different encryption
methods to encrypt the transmission of information. The biggest drawback of this
encryption method is that the messages sent between users are plaintext. In other
words, if the service provider in charge of information transmission wants to peek at the
privacy of users or inadvertently releases the information, all the user’s chat records are
unreservedly exposed to the public.

Therefore, the terrible future is no longer the disclosure of personal information, but
user behavior has been predicted. When the development of technology led to artificial
intelligence advice can affect people’s decision-making. Especially behind these AI are
controlled by a large company I do not know is the joy or panic.
Blockchain is a new application mode of computer technology such as distributed data
storage, point-to-point transmission, consensus mechanism and encryption algorithm.
Blockchain as a strong guarantee of digital assets, has been well received by the industry.
However, the traditional IM, which should be responsible for the privacy of users, does
not provide any corresponding entrance to the blockchain.
At the same time, providers of traditional IM third-party products are constantly
competing with each other to ensure their own interests. They simply can not enter into
a state of mutualism and mutual benefit. Over time, some good and carry the dream
providers have to accept the fate of being eliminated. This not only harms the diversity
of the market but also stifles many great ideas.

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ChatCoin Whitepaper

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