Gems is a name that is on the mind of many crypto enthusiasts around the world. As Gems is a new social messaging app, which will reward its users in cryptocurrency, it could very well become a major competitor for more established applications such as WhatsApp. Oh, and all of their communication will be encrypted by using Bitcoin-based tokens!
Even though we label Gems as a social messaging app, it offers far more functionality than just letting users send messages to one another. Gems uses a secure network for encrypted chat, while using cryptocurrency for in-app purchases. Furthermore, the application allows users to send coins to each other as well.
Daniel Peled, the Gems lead developer, has announced the beta version of the application will be released ahead of the in-app token presale, starting mid-November. The application itself will include a Gems wallet, so users can start sending and accepting the cryptocurrency from any user across the network. By the looks of it, the iOS version will be available first, with the Android version following at a later date.
This announcement comes at the right time, as concerns about privacy and databases being hacked are at an all-time high. More tech-savvy users have always taken security to heart, but more and more everyday users are becoming more and more cautious about which personal details they want to share online.
Gems is being labelled as a potential competitor for WhatsApp, and there is a good reason for that. Many people fail to realize WhatsApp stores users’ communication, messages, pictures and videos without encryption. Gems on the hand, stores no user data and has no way to access users’ messages, keeping user data truly private.
The Gems social-messenger application integrates the next generation of Bitcoin technology, offering a mixture of RSA 2048 and AES with 256-bit keys. In order to make secure messages indecipherable by the Gems infrastructure, encryption is performed client-to-client. By not entrusting any third parties, this is the only effective and efficient way to preserve 100% privacy.
A question many people will ask is whether or not Gems will require a mobile phone number in order to authenticate users. The answer is no, as all authentication will be done through an encrypted passphrase. Gems will not put a premium on user security at any cost.
We mentioned in our previous article how the Gems presale will take place in November, and we can now confirm the in-app tokens will be available starting on November 15th. The tokens can be used to unlock in-app features, including earning a referral commission when you convince people to start using the application.
To find out more about Gems messaging, check out www.getgems.org. And if you’re interested in getting your hands on gems tokens before your friends do, the fine people over at Koinify are facilitating the crowdsale. You can register directly via their website at www.koinify.com/