A brand new function developed by Proton Mail will permit customers to confirm electronic mail addresses with the assistance of blockchain expertise.
Swiss end-to-end electronic mail supplier targeted on encryption Proton Mail is piloting a brand new blockchain-based function permitting customers to confirm electronic mail addresses.
In an interview with Fortune, Proton CEO Andy Yen highlighted that the brand new Key Transparency product has nothing to do with crypto and is basically a “blockchain in a really pure type.” The concept is to unravel the “man-in-the-middle” assault, a kind of cyberattack when the attacker intercepts and controls the complete dialog.
“Perhaps it’s the NSA [National Security Agency] that has created a faux public key linked to you, and I’m one way or the other tricked into encrypting information with that public key. To ensure that the verification to be trusted, it must be public, and it must be unchanging.”
Andy Yen, Proton CEO
The function will routinely examine customers’ public keys — generated as soon as they create an electronic mail on Proton — with meant recipients to make sure that emails go to the best vacation spot.
You may additionally like: Nansen’s third-party supplier hacked, electronic mail and crypto addresses leaked
The function is in beta mode on Proton’s personal blockchain community as of press time. Nevertheless, Yen didn’t rule out shifting the product to a public blockchain (e.g., Ethereum) as soon as the crew is bound the product is prepared. The Proton CEO didn’t present a timeframe for the product launch.
In late 2022, Yen publicly expressed his dilemma regarding the destiny of cryptocurrencies. In an interview with Forbes, Yen revealed his uncertainty concerning Proton’s crypto reserves, saying he was not sure if the corporate ought to proceed holding crypto on its steadiness sheet.
Proton Mail has been holding Bitcoin (BTC) on its steadiness sheet since 2017 and continues accepting crypto as a cost methodology.
Learn extra: MicroStrategy co-founder integrates Lightning into his company emails