TokLok – a blockchain-based messaging app you should know about

The emergence of blockchain technology comes with a disruption, similar to the creation of the internet. The technology that first appeared in 1991 has now evolved into a multi-billion dollar infrastructure. The untrustworthy, unlicensed and open source nature of technology has shaped it into what it is today. Furthermore, the solutions it has brought through crypto, DeFi and NFTs have driven it to one of the largest technologies available. It has completely reformed the principles of security, transparency and privacy.

Privacy in particular has been one of the key features of blockchains. Current social messaging apps often violate users’ privacy rights. Facebook, for example, has been in the news often for misusing the data of its 87 million users. As a result, individuals are becoming more aware of their online privacy. And the demand for decentralized alternatives is increasing significantly.

Although many decentralized messaging platforms already exist, their services have been unsatisfactory. The lack of scalability and insufficient knowledge of the subject has failed the projects. A project, on the other hand, is to do things differently. TokLok is an initiative that builds a scalable blockchain messaging infrastructure with high security and anonymity for users. It provides truly confidential messages for both individuals and businesses.

TokLok is a blockchain-based messaging app that provides convenient and secure online communication services. The application first and foremost offers completely confidential correspondence for companies and individuals. It uses blockchain solutions to provide the highest level of security for users’ personal data. Furthermore, it is designed to provide effective protection against hacking attacks. Beyond that, it gives full control over the content of group chats.

The interesting element of TokLok is the unique features it offers users. The first feature is its Nonpublic Messenger, which gives users total control over who they can communicate with. The second feature is encrypted messaging, which is meant to give customers the utmost privacy. The difference is that when the encrypted message content is seen by the recipient, it is deleted from the system. Furthermore, the communication is performed through a single channel, where the message is read-only by the sender and recipient.

The platform also ensures anonymity as the application does not retain any information about users or their correspondence. As a security guarantee, the application has also been evaluated and tested by specialists from around the world.

TOL: The Utility Token that runs the TokLok Ecosystem

TOL is the key aspect of the platform. Since TokLok is a paid application, the token is used to gain lifelong access to the app. Even owning TOL tokens will allow users to contribute to a faster development of the communicator app and its expansion with new features.

Users can also earn passive income from the app’s profits. TokLok’s parent company, REIBA LTD, pays a dividend of 30% of the company’s sales once a year to TOL holders. Profits are distributed proportionally, provided that a minimum of 5,000 TOL tokens must be invested in the protocol account.

The platform also offers an interest-bearing deposit to token holders with at least 1000 TOL. Users receive 8% per year with a daily capitalization of interest for deposits for a minimum of 12 months. The tokens are now available for purchase on their website, with early members receiving a special discount.

Solution of communication with blockchain solutions

Traditional social messaging has been a nightmare for individuals and businesses. With organizations chasing users’ data and selling it for profit, the messaging channel has become a disaster. But with the advent of decentralized solutions, these problems can now be addressed. TokLok does the right thing by addressing a real-world problem instead of riding the cryptohype train. The project’s tools and solutions can be a true problem solver for both individuals and companies.

Furthermore, the platform’s architecture in terms of security and anonymity can help to restore the much-abused right to privacy. Blockchain technology has been a boon to the world, restoring people’s rights. It is time for individuals and companies to embrace this new technology for the benefit of society. TokLok is one such example of a platform that makes the world a better place.