(via TheNewswire)
Montreal, March 1, 2020 - TheNewswire - ZeU Crypto Networks, Inc. (CSE: ZEU) is pleased to announce that one of its special projects, MulaMessage, is now being integrated as part of the Mula Platform.
MulaMessage is designed to be a secure, end-to-end encrypted messaging system that features a non-custodial encryption key management process. This means that you own your encryption keys in the same way you prove ownership of digital assets, such as Bitcoin. A MulaWallet is generated upon user creation.
This digital wallet holds your secrets and its knowledge of a passphrase is your undeniable and immutable proof-of-ownership, which gives you access to read your encrypted messages. Overall, this means that the keys to your privacy are not stored in a database and that you and only you can ever access your messages.
The Mula development team expects to roll out the beta version of the encrypted messaging application by the end of Q2.
Freedom fighters, scientists, political dissidents or simply people living under an oppressive regime that uses "social credit" to control its citizen can rejoice, Mula's development team is working on ways to ensure that future iterations of the encrypted messenger won't be readable/recordable even if a sniffing device or spyware is installed on the device running the app.
"(...) ZeU has found a common value that has motivated the team since the company started the development of new technologies and applications from scratch in late October 2018, it's the firm commitment to never compromise on people's right to privacy. (...) we might catch some flak from time to time because of it, but we fundamentally believe in it (...)" said Frank Dumas, ZeU's CEO.
Globally, users of messaging systems number in the billions and are projected to grow at a rate of 6% over the next three years to reach 8.9 billion by the end of 2023 (Radicati Research Group). Online messaging has so pervaded the lives of its users that people feel physical withdrawal symptoms when they are deprived of it. With 89% of people surveyed stating that they always keep their smartphone easily accessible, messaging is cemented in our daily lives (CTIA PAC). Unfortunately, not all messaging is secure messaging. Even secure systems can have their vulnerabilities exploited by bad actors. This doesn't mean they are bad messaging programs, but they can be improved.
MulaMessage combines the ease of messaging with the confidentiality of Mula.
MulaMessage was initially conceived as a part of a Social Networking App but has since been integrated into the Mula Platform. The company is already researching and planning future iterations with enhanced security measures not seen before in commercial messaging programs. These measures include building a shell around the messaging application, rendering spyware programs ineffective at reading or recording messages or keystrokes, blurring pixels to prevent cameras from recording messages, encrypting messages with ZeU's patented SAGE technology, and managing distributed identity validation and password-free authentication using VSEKUR technology.
"(...) MulaMessage was initially conceived as part of a Social Networking App. As time went on, we realized it was far more powerful integrated into the Mula Platform. The team is excited to see it deployed, but we haven't stopped there. We're looking into development possibilities such as encrypting messages with SAGE, securing messages against being read or recorded by spyware, and adding private distributed identity management and password-free authentication." commented Jean-Philippe Beaudet, ZeU's CTO
MulaMail Beta Update
The company has identified the first wave of beta testers who will be contacted by the beta development group within the next 72 hours. The team has decided to embark beta testers in waves in order to contain any potential issues that might arise from different user system configurations.
If you did not enroll in the trial, you will be able to get MulaMail at commercial deployment at the end of the beta testing period. Shareholders of ZeU at inception will still be allowed to obtain a premium Mula account free for life by contacting the company by email.
ON BEHALF OF THE BOARD OF DIRECTORS
"Jean-Philippe Beaudet"
Jean-Philippe Beaudet
Director & CTO
About ZeU
ZeU is a forward-thinking Canadian technology company that has developed a state-of-the-art blockchain protocol, providing the foundation for the next generation of encrypted and distributed networks. Thanks to its high level of sophistication, ZeU's technology maximizes transparency, security and scalability as well as big data management. ZeU's strategy is to monetize blockchain transactions in diverse sectors such as payment, gaming, data, and healthcare.
The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.
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