We have already discussed one possible use of an Archain Application Developer Toolkit (ADT) monitor app as means of detecting and monitoring Semantic Drift and its business usage in predicting public perception in marketing. In this short blogpost I’d like to outline some of the benefits of cryptographically verified message storage and the use of Archain as a platform for hosting social applications. Archain is a distributed, immutable and cryptographically verified store of digital information on a paranet. Once information is stored on the Archain it cannot be altered or removed. We envisage that many social applications will be built on the Archain, for example a permanent and decentralised email replacement, making use of this technology.
For many, PGP is a tool indispensable to communication, providing a means of encrypting and signing messages. Archain employs similar encryption technologies to verify that information stored on the network is indeed what it is purported to be. This already enables one service provided by PGP. However, storing verified, encrypted messages on the Archain provides an additional benefit — messages have a verified timestamp and are guaranteed to be retrievable in the future. It is easy to see how proof of a message being sent at a certain point in time might be useful, for example in the creation and enforcement of contracts. In effect, social applications on the Archain have the utility of PGP with the added benefits of permanence.
Communication over Archain based social apps is also fully decentralised, preventing a Lavabit-style fiasco where Ladar Levison, Lavabit’s creator was forced to hand over private keys by the FBI in order for them to monitor Edward Snowden’s email. No centralisation means that social apps running on the Archain or employing blockweave technology cannot be subject to such interference. This protects users, miners and the weave as a whole.
In addition to the above, the cryptocurrency built on top of the Archain network allows for the possibility of value transfer alongside messages.
If you are interested in learning more about blockweave technology you can visit us at archain.org, read our whitepaper or, for implementation details on how to build Archain ADT applications that culminates in a tutorial on building a Twitter-like platform, you can view the Archain masterclass playlist on our youtube channel. You can also reach us on Twitter, Reddit, Facebook or email the team.