Uncategorized

Using Blockchain Technology for Email Verification

Sarah Jenn | August 19, 2015 | 11:00 pm
bitcoin technology, blockchain technology, blockchain applications
Uncategorized

Using Blockchain Technology for Email Verification

Sarah Jenn | August 19, 2015 | 11:00 pm

John McAfee SwiftMail is a free, decentralized, peer-to-peer, proof-of-work, encrypted mail system that uses blockchain technology to conduct email verification. The software uses 0.001 SwiftCoin to send mail and attachments to any device running Android, Windows or Ubuntu. The mail recipient will send back 0.001 SwiftCoin to reply.

SwiftCoin is a free-floating, market based, decentralized, peer-to-peer, proprietary proof-of-work digital currency and transaction network developed by Daniel Bruno, CMT. This shares a lot of similarities to bitcoin and its distributed public ledger.

Blockchain Technology and Email

In addition, SwiftCoin can be freely bought and sold for Bitcoin and the currencies of all countries. This cryptocurrency’s blockchain technology confirms all mail and payment transactions without any centralized approval or manual intervention.

The SwiftMail address is similar to the bitcoin wallet address, except that it stores messages rather than funds or transactions. Using the John McAfee SwiftMail, you can be able to confirm whether the person who sent the email to you is a trusted identity or not.

This application can generate a lot of interest especially since spam mail has continued to circulate online, with some strategies linking the email to seemingly credible sources. This has allowed malware or hacking attacks to proliferate, leading to information or funds being stolen. Malicious emails have also been notorious for spreading bitcoin ransomware, wherein the perpetrators demand payment through the cryptocurrency to avoid being tracked down.

“When you first meet someone, you don’t divulge your deepest secrets. If privacy doesn’t matter, would you be willing to give your wallet to a total stranger and let them go through it and write down everything they find inside? Then why on earth would we believe that if we’re not doing anything wrong, we shouldn’t care if someone has our information?,” its press release indicated.

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