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Press Release

Vaiyo enters Metaverse, enables P2P Crypto-transfers, and starts supporting NFT’s

VAIYO

Centralized systems have long been the center of all solutions for businesses, communication, studies, and more. However, cracks started to appear. A single point of failure often happens with centralized applications and make their offered solutions unsustainable. The world is in need of a multifunctional solution for communication.

Yet, is there a platform that would offer companies a communication solution that is secure, easy to use, affordable and has multiple features to choose from, which are vitally important for communication? Businesses typically use six to eight applications for (internal) communication and workflow. For the internet age, that is not acceptable. For companies that work in such a competitive world as we live in now, it is a disaster.

But you cannot find a conference application that combines all these features in the current market. Until now. Innovative ways to move from centralized solutions to decentralized ones has given rise to more sustainable options for all business industries. One of the leaders in the industry of communication is Vaiyo.

Vaiyo is a decentralized all-in-one communication platform with all the features and more that were mentioned earlier. And it is moving very fast by introducing new ones regularly. So, what new things have Vaiyo introduced on their communication platform?

Metaverse 3D

Metaverse is the buzzword on the internet now. More than that, it will become a new standard in the foreseeable future. You can enjoy the bar on the platform, join any room you need, or simply create one of your own; a meeting room, a shop, a living room, etc. And soon, you can swiftly move from 2D to 3D Metaverse. It makes interaction among colleagues and partners not only pragmatic but also fun. Examples of rooms:

  • Office Meeting Room
  • Store
  • School
  • Auditorium
  • Cafe
  • Patient Room
  • Art Gallery
  • Living Room
  • And more…

3rd Party Streaming

In the room that you created, you can start any data you want to share with your colleagues, classmates, business partners, etc. For example, make a Cafe Room and invite your friends to join you to watch a game of your choice: UEFA Champions, Euro League, or Formula 1. Or if you prefer something more creative, you can watch a video, or movie together.

Similarly, you can organize the first aid lessons and cause your 3D character to perform actions through your VR gloves and let 3D characters give a presentation on how to revitalize a person. Program characters upfront, watch and control their performance with the audience.

Share the art that you have created with anybody you want, or show your colleagues how your company fared last year through a 3D webinar. The sky and your imagination are the limits of what you can do with this tool. You can bring the tool to just about any sphere of life.

P2P crypto transfers are live

A new way to send your tokens to another user has been enabled and is already live. You no longer have to send your tokens in the dark but transfer them using a Vaiyo room for contacting another user while you send them the tokens.

You can be absolutely sure that the right person is getting your tokens, by simply clicking on the transfer button and making a video call at the same time. Can it get better than this?

Platform supports NFTs

NFTs on the blockchain is the future of art, gaming, and many more industries that are about to join the most secure network – blockchain. The good news is that the current 3D objects on the home page from Vaiyo.io are already NFT’s and, in the nearest future, will be available for importing to the 3D rooms. You can also transport your NFT art gallery to your customized 3D room.

Keep in mind that the NFT industry is worth around $40 billion now, and it will only be growing, so you might play around with some of your own created art by displaying it to others. Who knows, maybe you will have a breakthrough and be able to sell it in the nearest future for an extraordinary amount of money.

Secured blockchain

Security is on the top list for most internet users. Unfortunately, as we have already stated, centralized systems have a central point of failure that can compromise user data security, privacy, anonymity, and even financial well-being, as proved by cyber thefts, which have caused $billions to be lost to cybercriminals.

American Express did a survey about fraud and data theft among business people. It is astounding that 8 out of 10 respondents said that they had experienced some kind of data theft in their business. It has some impact on the expansion of digital life and the loss of trust in centralized systems. Just in the US, there were 1.7 million fraud complaints, with $1.9 billion lost by the consumers in 2019. There were also over 650,000 identity theft complaints. When Yahoo experienced a breach, more than 3 billion accounts were compromised.

Zoom failure to improve security measures has caused it to leak all user data twice. Yet, there is no better alternative. Vaiyo platform provides a secure environment since it is a decentralized system, which does not store even the details of the call logs. Thus, it effectively solves the issue of data leaks.

Vaiyo uses secure communication that cannot be hacked. It is achieved by moving text chat on the blockchain and secure the video and audio streams with the blockchain.

Conclusion

Transparency, efficiency, sustainability, and security have become crucial within organizations, and these do help to improve business performance. While many centralized platforms failed to offer the things mentioned above to their clients, Vaiyo is going to make a difference.

It has a solution as it is a communication platform with many features that allow organizations to make internal communication faster and easier and increase productivity and efficiency. It has the necessary transparency, long-desired efficiency, and the expected sustainability as well as security to deliver the results each organization deserves to have.

Visit Vaiyo website to learn more: https://vaiyo.io/

Read their whitepaper: https://vaiyo.io/media/Vaiyo-whitepaper.pdf

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