Develops a decentralized communication infrastructure that replaces traditional TCP/IP with a blockchain-powered protocol, enabling secure, wallet-to-wallet interactions and zero data retention. This system reduces reliance on centralized servers, lowers bandwidth costs through idle resource utilization, and integrates real-time messaging, payments, and dApp functionality for Web3 platforms.
Funding
$7.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The traditional internet infrastructure relies on centralized systems, creating vulnerabilities in security, privacy, and efficiency for Web3 applications. Existing communication protocols often lack the features necessary for secure, peer-to-peer interactions and data sovereignty in decentralized environments.
Solution
SendingNetwork is developing a decentralized communication infrastructure designed to replace the traditional TCP/IP model with a blockchain-powered protocol. This system enables secure, wallet-to-wallet communication, ensuring privacy through end-to-end encryption and zero data retention. By leveraging a distributed network, SendingNetwork aims to provide cost-effective bandwidth and incentivize resource utilization. The platform offers a suite of tools for chat, trading, and payments, allowing developers to integrate real-time messaging, community engagement features, and dApp functionality directly into their Web3 platforms. SendingNetwork's architecture promotes a more secure, private, and efficient communication layer for the decentralized web.
Target Audience
The primary target audience includes Web3 developers, dApp creators, and projects seeking to enhance their platforms with secure, decentralized communication capabilities.
Features
- Wallet-to-wallet communication protocol for secure peer-to-peer interactions.
- End-to-end encryption to ensure data privacy during real-time communication.
- Distributed state consensus technology for zero data retention and enhanced security.
- Edge network maximizing idle bandwidth to reduce costs for developers and users.
- Integrated tools for chat, trading, and payments within Web3 applications.
- Programmable TCP/IP for Web3 communication.
- WatchDog nodes to challenge edge nodes and earn rewards.
- Testnet mining program.