WhaleChat Messenger

DESCRIPTION

WhaleChat is a decentralized cryptocurrency communication platform that allows cryptocurrency owners to send messages to each other.

Example: User A, owner of BTC address 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa > User B, owner of ETH address 0xAb5801a7D398351b8bE11C439e05C5B3259aeC9B

The user's account is cryptographically linked to his/her wallets by means of a double digital signature scheme or *asset proof*. The app verifies the authenticity of every message and asset proofs linked to the message sender. This gives users the certainty that the sender owns those wallets and thus the assets in them.

The wallet's private keys are never stored in the app, making impossible to steal the funds in them.

The app has been designed with security and privacy in mind. Messages are relayed through the Whisper protocol, a decentralized, secure and untraceable peer-to-peer (P2P) messaging protocol.


USE CASES

- OTC TRADING

Your WhaleChat account links to a proof of asset ownership, letting traders worldwide know your crypto wealth while keeping your real identity unknown.

This increases transparency along the trade process and removes the middle-men when searching for a counterparty to trade with.

WhaleChat's API allows institutions to integrate their platform with WhaleChat to authenticate clients and search for new potential clients.


- JOIN THE CRYPTO ELITE COMMUNITY

WhaleChat allows the whale community to connect together in a single chat room without revealing their real identity.

Several chat rooms are created so only owners of a minimum amount of cryptocurrency can join them.


- EXCLUSIVE MARKET

Whales can now take the most of their crypto-wealth by letting the world see it and contact them.

WhaleChat allows other individuals and companies to contact whales to advertise their services for a fee, providing an income stream into the whale's wallet.


- COIN OFFERINGS

Because of every user who joins an ICO chat room has linked a proof of his crypto-wealth, WhaleChat is a valuable tool for ICO runners and investors to estimate the potential of the project as well as the actual interest from the community.



HOW IT WORKS


- Secure by construction

Your private keys are never stored in the app. Instead, an ECDSA signature links your wallets with your WhaleChat identity. Your funds are safe even if your phone is compromised.


- Paranoid-level anonymity

WhaleChat respects the privacy of its users and therefore it has been designed with a strong focus on anonymity, security and censorship-resistance, based on the principles of free software and decentralization.


- Decentralized and open

All chat messages are relayed using the Whisper protocol and fully end-to-end encrypted using well-known open-source cryptography libraries.