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Why Decentralized Messaging Apps Will Replace Today’s Social Media Platforms

The current state of social media is terrible and keeps getting worse. Originally designed to facilitate communication, these apps have become a nightmare for most people. Privacy violations, censorship, data theft, and poor security standards have turned users against these platforms.

The most notable example is Facebook’s disputed WhatsApp privacy policy change in 2021, prompting many to look for alternatives. But while Facebook is just one example, other platforms have also significantly exploited users in a variety of ways.

One reason behind the current state of affairs is that today’s communication networks have evolved into for-profit businesses. They have lost their purpose and become predators. User data is their new source of oil and is being traded behind closed doors for billions of dollars.

On the brighter side, however, promising alternatives are now emerging, thanks to innovations in blockchain technology. Blockchain-based, future-proof, decentralized messaging apps can alleviate most of the social network’s current problems. Their permissionless, unreliable, and open-source nature can make messaging pleasant, private, and secure. And so a new paradigm in online communication awaits users.

Pitfalls of legacy social media

Social media has revolutionized the internet by enabling simple, interactive communication in real time. However, legacy social media platforms have become increasingly data predators in recent years, exploiting users in a variety of ways. The most important issue concerns user privacy. For example, Meta (formerly Facebook) regularly publishes information about user data breaches.

Inadequate security is another important issue as most existing messaging platforms lag behind in this respect. For example, WhatsApp’s end-to-end encryption mechanism breaks when users back up data to the cloud. Furthermore, hacking is quite common with these apps. It happened to WhatsApp in 2019, when it discovered a bug that allowed hackers to install spyware using the app’s calling function. In another similar incident, a hacker broke into Telegram to expose the phone numbers of about 15 million Iranian users.

Besides being vulnerable to security and privacy breaches, current messaging and social media platforms lack built-in payments. Some support fiat-based transactions but have serious limitations: high transaction costs, restrictions on cross-border payments, etc.

Transforming Messaging and Communicating with Blockchain

Fixing problems on social networks today is not as simple as you imagine. Several governments and authorities have previously tried to provide solutions. However, they were unsuccessful in solving the problems.

Blockchain technology, on the other hand, has the answer. By combining decentralization, cryptographic security, and top-notch data security, it is really possible to overcome the pitfalls of old social media. Furthermore, the use of blockchain expands the scope of integration of crypto-based payments. As a result, new age messaging apps can provide transparent and censorship-resistant communications with seamless, secure chat payments.

TokLok is a private messaging platform that provides businesses and individuals with a secure and convenient method of online communication. The platform leverages blockchain technology to allow transactions and correspondence to be completely secure. So much so that the algorithm deletes the encrypted messages — visible only to the sender and recipient — after they’ve been viewed.

The TokLok ecosystem is powered by the $TOL token, the native cryptocurrency of the platform. $TOL plays an important role in the ecosystem, providing access to messengers and financing the ecosystem. It is also usable for globally accessible chat payments on TokLok.

The Future of Social Media, Privacy and Security

Legacy social messaging applications have done users enough harm. But people have now become aware of the exploitation, thus looking proactively for alternatives. This is where emergent decentralized messaging apps, with an irresistible value proposition, have entered the scene.

Blockchain-based messaging and microtransactions are increasingly becoming the norm, particularly for tech-savvy users. These apps are way more secure than traditional ones, prioritizing privacy. Moreover, they natively support borderless and cost-effective payments using cryptocurrencies.

As a pioneer in this new league of messaging platforms, TokLok has embarked on a journey to shape the future of communications. Its diverse features, especially concerning security and privacy, can be a gamechanger for Web3. Most importantly, its user-friendly and intuitive experience can boost adoption in this domain. And through these, users can finally lock their talk and communicate peacefully.