It’s Time to Switch to Blockchain-Based Email Systems

Running email systems on Bitcoin’s blockchain technology is becoming increasingly imperative, as current email services are cumbersome and no longer secure. Indeed, email service providers are using obsolete technology that has become too vulnerable to ever-more sophisticated hackers.

Also read: Kiss & Tell: Adult FriendFinder Hack Exposes 412 Million Accounts

Replace Outdated Email Systems With Blockchain-Based Email

logoAfter suffering the biggest data breach in history, Yahoo is now urging its users to change their passwords. However, changing passwords is an almost futile exercise. Actually, experts warn that changing passwords frequently might be counterproductive.

To improve email systems while protecting user account data requires a radical change of technology.

Fortunately, a few startups are already doing that. They are transforming email systems using Fourth Industrial Revolution technology.

For example, John McAfee Swiftmail is a mail system that runs on Bitcoin’s blockchain technology. 256 bit, end-to-end encryption protects Swiftmail data and renders data interception useless, claims the company.

“John McAfee Swiftmail is a decentralized, peer-to-peer, proof-of-work, encrypted mail system that uses bitcoin technology to replace email. A Swiftmail wallet address looks like this: ab99b776de244fe0f70f229921517829,” explains its website.

Cryptamail is another decentralized email system that runs on blockchain technology. Because the blockchain stores the messages, “there is no central point that stores your messages, so there is nowhere to steal or even submit a request for your private data,” affirms its website.

Most Notorious Data Breach Ever

shutterstock_493648969Current email systems are no longer secure. Yahoo recently revealed that it had suffered the world’s biggest-ever hack, compromising more than one billion user accounts. Hackers stole Yahoo users’ crucial personal data. Most disturbingly, the stolen information could have included unencrypted or encrypted security questions and their respective answers.

Yahoo reported that the hack of one billion user accounts occurred in August 2013. However, Yahoo announced it only on December 14, 2016. Forensic experts are still investigating the mega data breach. “We have not been able to identify the intrusion associated with this theft. We believe this incident is likely distinct from the incident we disclosed on September 22, 2016,” said Bob Lord, CISO Yahoo.

“Based on the ongoing investigation, we believe an unauthorized third party accessed our proprietary code to learn how to forge cookies.”

Previously, in September, Yahoo disclosed another incident in which information pertaining to 500 million user accounts was stolen in 2014.

Yahoo links these two major criminal incidents to “the same state-sponsored actor.”

State-Sponsored Hackers and Geopolitical Implications

shutterstock_535634239News on data breaches is recurring almost daily, affecting email service providers, as well as businesses, government agencies, and political organizations. The impacts of these incidents are potentially far-reaching.

Take, for example, the recent hacking of the Democratic National Committee. Allegedly, this hacking adversely affected the outcome of the 2016 U.S. Presidential elections. Many contend that state-sponsored actors performed the hacking.

In effect, according to NBC News, “U.S. intelligence officials now believe with ‘a high level of confidence’ that Russian President Vladimir Putin became personally involved in the covert Russian campaign to interfere in the U.S. presidential election, senior U.S. intelligence officials told NBC News.”

Cyberattacks have been the norm for a long time. Now, however, the frequency, magnitude, and implications of email hackings and other malicious acts are increasing dramatically. As a result, it is now urgent to innovate and move toward more secure email technologies, such as those that integrate the security that the Bitcoin’s blockchain technology provides.

What do you think about running email systems on Bitcoin’s blockchain technology? Let us know in the comments below.

Images courtesy of Shutterstock, John McAfee Swiftmail, and Cryptamail. 

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  • ColdMonkey

    It will be interesting to see whether people will be willing to pay for transmitting and email. That aside, presumably every user will have to keep a copy of the blockchain on their PC, and given that Bitcoin already hogs 60GB with its minimalistic data transfer, how big would a communication rich blockchain get?

    ColdMonkey mines Gridcoin through processing BOINC computations for science…

  • Marco Maltese

    Swiftmail seems like a joke: there is no mining, so the thing is effectively centralized, can be shut down anytime.

  • dmchattie

    If you’re concerned only about not being hacked then the superior security of a blockchain-based email system makes a lot of sense.

    However, I suspect that many large organizations are required by law not just to be secure, but also to be able to store and recall archived email across the entire organization.

    Can you have blockchain security while also being able to recall employee emails?

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  • To me swiftmail looks like a scam. There is no source, the website doesn’t have a https redirect. The binary in the ubuntu package is 2 years old. The team page looks fake.

    Cryptamail doesn’t look like a scam, but the developer wrote in the NXT forums last year that it’s being abandoned and he’s going to release the source. As far as I can see, the source still isn’t available and the website where the app is supposed to be is offline.

    Instead you could have written about Bitmessage, which is fully open source, is being developed and actually works and is being used. Even though it doesn’t use a blockchain, it’s close enough to the topic. I’m working on creating a sustainable development model for it.

  • justin

    This would have helped Hillary Clinton, lol

  • masa

    There is a completely decentralized and secure messaging service called LemonMail DApp. It consists entirely of front-end Javascript code that interacts with an Ethereum contract that serves as a back-end. All message content is end-to-end encrypted and stored on IPFS. The front-end code is open source and also hosted on IPFS, although you are free to deploy and run it anywhere you want.