Bitcoin

Security

Read

Light

<div class="cryptonews">
 <p class="is-style-lead">A new feature developed by Proton Mail will allow users to verify <a rel="noopener noreferrer nofollow" title="email" href="https://thebittimes.com/tag/email.html">email</a> addresses with the help of <a rel="noopener noreferrer nofollow" title="blockchain" href="https://thebittimes.com/tag/blockchain.html">blockchain</a> technology.</p>
 <p>Swiss end-to-end email provider focused on encryption Proton Mail is piloting a new blockchain-based feature allowing users to verify email addresses.</p>
 <p>In an interview with Fortune, Proton CEO Andy Yen highlighted that the new Key Transparency product has nothing to do with crypto and is essentially a “<a rel="noopener noreferrer nofollow" title="blockchain" href="https://thebittimes.com/tag/blockchain.html">blockchain</a> in a very pure form.” The idea is to solve the “man-in-the-middle” attack, a type of cyberattack when the attacker intercepts and controls the entire conversation.</p>
 <blockquote class="wp-block-quote">
  <p>“Maybe it is the NSA [National Security Agency] that has created a fake public key linked to you, and I’m somehow tricked into encrypting data with that public key. In order for the verification to be trusted, it needs to be public, and it needs to be unchanging.”</p> <cite>Andy Yen, Proton CEO</cite>
 </blockquote>
 <p>The feature will automatically compare users’ public keys — generated once they create an <a rel="noopener noreferrer nofollow" title="email" href="https://thebittimes.com/tag/email.html">email</a> on Proton — with intended recipients to ensure that <a rel="noopener noreferrer nofollow" title="email" href="https://thebittimes.com/tag/email.html">email</a>s go to the right destination.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Nansen’s third-party provider hacked, email and crypto addresses leaked
 </div>
 <p>The feature is in beta mode on Proton’s private <a rel="noopener noreferrer nofollow" title="blockchain" href="https://thebittimes.com/tag/blockchain.html">blockchain</a> network as of press time. However, Yen did not rule out moving the product to a public <a rel="noopener noreferrer nofollow" title="blockchain" href="https://thebittimes.com/tag/blockchain.html">blockchain</a> (e.g., Ethereum) once the team is sure the product is ready. The Proton CEO did not provide a timeframe for the product launch.</p>
 <p>In late 2022, Yen publicly expressed his dilemma concerning the fate of cryptocurrencies. In an interview with Forbes, Yen revealed his uncertainty regarding Proton’s crypto reserves, saying he was unsure if the company should continue holding crypto on its balance sheet.</p>
 <p>Proton Mail has been holding Bitcoin (BTC) on its balance sheet since 2017 and continues accepting crypto as a payment method.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> MicroStrategy co-founder integrates Lightning into his corporate emails
 </div> <span class="google-news-banner__label">Follow Us on Google News</span>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/proton-mail-to-start-using-blockchain-for-email-verifications-tbt70667.html">https://thebittimes.com/proton-mail-to-start-using-blockchain-for-email-verifications-tbt70667.html</a></p>

Proton Mail to start using blockchain for email verifications

TheBitTimes

Other articles published on Nov 17, 2023

Nervos Community Gears Up for First CKB Halving (17 Nov)

Mixed Reactions in Solana Community as Whale Unstakes Over $31M in SOL, Sends to These Exchanges

Best performing altcoins this week

3 metrics DeFi traders can watch in order to spot the next crypto bull market

Is the altcoin season here? How to trade small-cap coins amid high volatility

Earnings Review: Spectrum Brands Exceed Expectations in Fiscal Q4

Join our free newsletter for daily crypto updates!