It lets users send and receive messages as well as trade crypto assets with the ease of sending an SMS.
Unlike cloud-based messaging services like WhatsApp, all communications are fully encrypted and stored on verified nodes in the Secretum network, so hackers cannot access them.
Secretum is the most secure and anonymous sign-up process available, requiring only the user’s crypto wallet address — no more worries about private data leaks or government meddling, which is a particular threat in many African and Asian nations.
It’s a simple, intuitive, and completely peer-to-peer trading platform for sending and receiving cryptocurrencies and Non-Fungible Tokens (NFTs).
It has also set records for minimum expenses and practically instantaneous exchanges thanks to Solana’s expertise.
Secretum can process 50,000 transactions per second at an average cost of $0.00025 per transaction.
Secretum’s strategic aim is to become the go-to messaging and crypto app for Asia and Africa by combining a superior messaging app in terms of security with highly versatile crypto trading features.
Secretum’s Blockchain-messaging capabilities are revolutionizing communications, while its over-the-counter (OTC) P2P trading capabilities offer unique benefits to crypto-asset owners in Africa and Asia, including:
- High Liquidity — Traders can communicate directly with one another and discover hidden liquidity in crypto markets, minimizing slippage and improving execution times.
- NFT Trading – Secretum allows NFT owners and traders to communicate with one another using only their wallet address — securely, directly, and at the lowest possible fees. This would create a brand-new asset class for African and Asian crypto investors to diversify and protect their holdings.
- High Usability – Asians and Africans are the world’s most ardent mobile money consumers. In Asia, there are an estimated 243 million mobile money accounts, while African mobile money providers traded an estimated $490 billion in 2020. Furthermore, peer-to-peer (P2P) crypto trading is already the most popular. As a result, the market has become accustomed to exchanging money, trading, and communicating via P2P mobile solutions. Secretum enters this well-known market, but with a technologically superior answer.
- Secretum will deliver a never-before-seen crypto trading and messaging solution as mobile and crypto adoption continues to rise across Africa and Asia, serving two markets that are rapidly merging into one. Secretum is establishing itself as the app of choice for 3 billion people in the world’s youngest and most dynamic markets by using this solution.