Vaiyo, a safe and intuitive communication platform, announced that it is entering the metaverse, enabling P2P crypto transfers and also starting support for NFTs.
Centralized systems have long been the center of all solutions for businesses, communication, studies, and more. However, cracks started to appear. A single point of failure often happens with centralized applications and makes their offered solutions unsustainable. The world is in need of a multifunctional solution for communication.
Yet, is there a platform that would offer companies a communication solution that is secure, easy to use, affordable, and has multiple features to choose from, which are vitally important for communication? Businesses typically use six to eight applications for (internal) communication and workflow. For the internet age, that is not acceptable. For companies that work in such a competitive world, it is a disaster.
But there is no conference application that combines all these features in the current market. Until now. Innovative ways to move from centralized solutions to decentralized ones have given rise to more sustainable options for all business industries. One of the leaders in the industry of communication is Vaiyo.
Vaiyo is a decentralized all-in-one communication platform with all the features and more that were mentioned earlier. And it is moving very fast by introducing new ones regularly. So, what new things have Vaiyo introduced on their communication platform?
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P2P crypto transfers are live
A new way to send tokens to another user has been enabled and is already live. Users no longer have to send their tokens in the dark but transfer them using a Vaiyo room for contacting another user while sending them the tokens.
Users can be absolutely sure that the right person is getting their tokens, by simply clicking on the transfer button and making a video call at the same time. Can it get better than this?
Platform supports NFTs
NFTs on the blockchain are the future of art, gaming, and many more industries that are about to join the most secure network – blockchain. The good news is that the current 3D objects on the home page from Vaiyo.io are already NFT’s and, in the nearest future, will be available for importing to the 3D rooms. Users can also transport their NFT art gallery to their customized 3D room.
Keep in mind that the NFT industry is worth around $40 billion now, and it will only be growing, so users might play around with some of their own created art by displaying it to others. Who knows, maybe they will have a breakthrough and be able to sell it in the nearest future for an extraordinary amount of money.
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Secured blockchain
Security is on the top list for most internet users. Unfortunately, as stated already, centralized systems have a central point of failure that can compromise user data security, privacy, anonymity, and even financial well-being, as proved by cyber thefts, which have caused $billions to be lost to cybercriminals.
American Express did a survey about fraud and data theft among business people. It is astounding that 8 out of 10 respondents said that they had experienced some kind of data theft in their business. It has some impact on the expansion of digital life and the loss of trust in centralized systems. Just in the US, there were 1.7 million fraud complaints, with $1.9 billion lost by consumers in 2019. There were also over 650,000 identity theft complaints. When Yahoo experienced a breach, more than 3 billion accounts were compromised.
Zoom’s failure to improve security measures has caused it to leak all user data twice. Yet, there is no better alternative. Vaiyo platform provides a secure environment since it is a decentralized system, which does not store even the details of the call logs. Thus, it effectively solves the issue of data leaks.
Vaiyo uses secure communication that cannot be hacked. It is achieved by moving text chat on the blockchain and securing the video and audio streams with the blockchain.
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