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Keet, the first product, brings peer-to-peer video chatting to the masses"July 25, 2022, British Virgin Islands Telecom, Holepunch (https://holepunch.to), a fully encrypted platform for building peer-to-peer applications, today announced the launch of a fully encrypted video call application called Keet (https:/ /keet.io), and do alpha testing. This free video calling app utilizes peer-to-peer connections to facilitate real-time audio/video calls, text chats and file sharing. It is powered by innovative distributed technology stacks such as the DHT distributed database, and users can discover and create connections in real-world home and office networks to form a group. This technique is called"Distributed hole penetration

, allowing users to locate and connect to each other using only the encryption key pair after obtaining authorization."Tether"In Tether Operations Limited (

) and Hypercore, Holepunch was founded to unlock global communications, enhance free speech, give people access to information and combat censorship around the world. Allowing users to control their own data and communication channels is fundamental to breaking away from technological monopoly. Funded by Tether and Bitfinex and appointed Paolo Ardoino as chief strategy officer.

"Keet is the first in a series of peer-to-peer applications that will put control back in the hands of individuals. It is a completely free video calling application that utilizes peer-to-peer connections to facilitate communication while eliminating central points of failure and the risk of over-reliance on third-party platforms. Unlike traditional video chat apps that use cloud-based software or an external server as an intermediary to connect multiple people, Keet users can initiate a call directly to another person's device. This allows video chats to take place without a central server or company-operated network."Web1 is the original form of the internet. Its purpose is to spread information and knowledge across the globe, but it's not without its problems. Web2 improves upon many of the user experiences and obstacles of Web1. Centered around social media, which makes content creation, sharing, and consumption seamless, there is one major flaw,"Paolo Ardoino, CTO of Tether and Bitfinex and CEO of Holepunch, said,"

Web2 requires users to relinquish control over their data, which has led to the rise of monopolies and growing privacy concerns. This is why Tether and Bitfinex chose to participate in the development of Holepunch and Keet. We believe that freedom of choice, freedom of communication, and freedom of transaction are the lifeblood of the future, and anything that enhances these freedoms is worth amplifying.

The Holepunch protocol is currently closed source and will remain so until alpha testing is complete. It will then transition to open-source code in the fourth quarter of 2022. The platform will not depend on any other blockchain, and the operation of the built-in payment API will be powered by the Lightning Network. The Tether token will also serve as the default micropayment system, supporting businesses that want to build products on Holepunch."Holepunch CEO Mathias Buus said:"Instead of a single server relaying communications through a single server like most virtual messaging apps today, Holepunch is an open network of computers that can be discovered by the community."

Having been heavily involved in the P2P and Node.js ecosystems for the past 10 years, I am a huge believer in open source and the role it will play in liberating communication channels for billions of people around the world. This technology will make the Keet and Holepunch platform the most unstoppable communication application and we are excited to introduce it to the world.Access Keet's media kit here. [ ]

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To learn more about Holepunch, visit holepunch.to; to learn more about Keet, visit https://keet.io

About Holepunch

Holepunch is a platform for building unstoppable peer-to-peer applications. It features full encryption and no central server. It was founded by Tether, Bitfinex, and Hypercore. And received project funding from Tether and Bitfinex.

Tether is the preeminent stablecoin, a herald of financial freedom and innovation. Created in October 2014, Tether has grown to become the most traded cryptocurrency, surpassing all rival offerings combined. Tether is disrupting the traditional financial system by providing a more modern approach to money. Tether is making a significant contribution to a more connected ecosystem by bringing fiat currency - digital cash - to the Bitcoin, Ethereum, EOS, Liquid Network, Omni, Tron, Algorand and Solana blockchains, as well as the smart contract platform Avalanche . Tether combines the advantages of digital currencies, such as instant global transactions, with the advantages of traditional currencies, such as price stability. With a commitment to transparency and compliance, Tether is a fast and low-cost way to transact money.

About Bitfinex

About Bitfinex

Founded in 2012, Bitfinex is a digital token trading platform that provides state-of-the-art services for digital currency traders and global liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex also offers peer-to-peer financing, an OTC market, and financing transactions for multiple digital tokens. Bitfinex's strategic focus is to provide unparalleled support, tools and innovation to professional traders and liquidity providers around the world. Please visit www.bitfinex.com for more information.

About Hypercore