With the ever-present risk of personal data breaches on social media, not to mention the systematic analysis of the contents of our emails for advertising purpose, SafePost® offers a new way to exchange messages safely and confidentially. Breaking away from the email technology, this new messaging service relies on open source libraries, including blockchain, to encrypt the content of messages exchanged and eliminate unwanted and fraudulent emails.
EMAIL CONFIDENTIALITY: RESPECT FOR PRIVACY AND ECONOMIC CHALLENGE
Lack of confidentiality, privacy breach, spamming and phishing emails: with nearly 4 billion users worldwide and a cumulative loss of more than $ 26.2 billion recorded by the FBI between June 2016 and July 2019, email security is a real challenge for both professional and private life.
SAFEPOST: THE SOLUTION TO SAVE YOUR PRIVACY AND ERADICATE FRAUDULENT EMAILS
Developed by Token Economics, a spinoff of the financial data provider Symex, SafePost guarantees the complete confidentiality of documents exchanged and puts an end to spamming and fraudulent emails. To do this, messaging is based on blockchain technology, i.e. the exchange of information without the use of a trusted third party. Thanks to a secret private key of their own, messages and documents attached can only be read by the sender and recipients, without any password or confidential data being stored on SafePost’s servers. A disruptive patented process, which could ultimately render obsolete the email technology developed more than 50 years ago.
SafePost has won, for that matter, the Innovation Prize awarded by the French Chamber of Commerce in Bulgaria.
HOW DOES IT WORK?
SafePost users dispose of a unique public address they can add to their business cards.
The first level of security is based on the prior acceptance of contacts. In other words, a user “A” can only exchange with an interlocutor “B” if he has previously accepted him in his SafePost contact list. Therefore, no more advertising messages, unwanted or fraudulent emails.
The second level of security is related to the messages themselves. These are segmented and encrypted on the device of the user before being sent to SafePost. The high availability of decentralized architecture adopted by SafePost guarantees its reliability. In case of theft or failure of a server, the SafePost service will continue to work, and messages will be accessible for users. In case of theft, the thief wouldn’t be able to decipher the content of messages and documents attached.
The third level of security is related to a 2FA procedure when logging.
Last but not least, with SafePost the ability to send messages is unlimited, unlike traditional email messaging systems that accept files up to 4 megabytes.
STAMP: THE ELECTRONIC STAMP 2.0
Messages are sent using STAMPs, an ERC20 cryptocurrency developed for the SafePost network. The price to send a message up to 25,000 characters to 1 person is 1 STAMP, i.e. one-tenth of a euro cent VAT incl. Based on 40 messages/day, the cost of SafePost is under €15/year to be compared with the average amount of $49/year charged by competitors. No subscription is required.
Every new user receives 1,000 STAMPs as a welcome gift. They receive then an additional 100 STAMPs every time one of their contacts joins SafePost. Sharing URL or writing articles on social networks yields additional STAMPs too.
Rémy Eisenstein, CEO of Token Economics, expects the SafePost network to expand in a virtuous way, hoping to reach one million users by the end of 2020. “Thanks to time saved and confidentiality guaranteed, SafePost is a real space of freedom that will win over a wide audience. “After the launch of the web version in October, the app for smartphones and tablets will be available soon. Then we will propose a real safe vault for your documents”.
TO GO FURTHER:
• Out of 100 received emails, only 26 are visible and 74 are found in spam. (Survey published by Harvard Business) and despite filters, we still receive SPAM and fraudulent emails in our message box.
• According to Spamlaws, 14.5 billion spam emails are sent every day.
• One out of every 9 email users was confronted to malware in the first half of 2017 (Symantec study).
• 8,000 businesses are scammed via email every month.
• A study published in November 2019 by the company BARRACUDA reveals that,
– 47% of attacks are from a Gmail account
– A phishing mail out of 10 manages to convince its recipient to click on the link that is proposed to him. This percentage triples when the mail usurps the identity of the head of Human Resources or the IT department.
– In the last 12 months, the average amount lost as a result of a spear-phishing attack was $270,000.
– A recent email scam cost $ 29 million to a media conglomerate.
• Since it was launched online on October 15th, SafePost has already gathered more than 29,000 users.
SafePost address: remy.eisenstein