Blockchain
NetSepio joins peaq to build a DePIN-powered VPN service
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peaq, the layer-1 blockchain for DePIN and Machine RWAs, announces the expansion of its ecosystem as NetSepio joins to decentralize VPN services. NetSepio is building a network enabling anyone to add their bandwidth to its DePIN and provide secure and anonymized Internet access to people and businesses anywhere in the world. It will leverage peaq to build a live repository of the available hotspots and mint its token natively on peaq, the home of DePIN.
Online privacy is one of the top worries of today, spurred by the blossoming AI industry and its gargantuan appetite for data. Virtual private networks, or VPNs, are a crucial tool for anyone who’d like to keep their browsing private, working to obfuscate your location, identity, and IP address. However, centralized VPN services are not without their flaws, with some of them selling their users’ data, which effectively defeats their own purpose.
NetSepio changes the game by tapping the Web3 stack to decentralize the VPN and Wi-Fi services. Anyone can join its Erebrus network and earn rewards for sharing their bandwidth with people who want to privately browse the Web or access geo-fenced applications. Enterprises can sponsor VPN for their end users and expand their reach and user base. The network uses zero-knowledge proofs to ensure the users’ privacy by validating authenticity of nodes and peers. It also leverages community insights to proactively detect possible threats, granting the community an additional level of security. The VPN service runs on NFT subscriptions, which can be purchased with crypto in a pseudonymous way. In its beta phase, it has already onboarded 500 users and has grown to 10 nodes, with dozens more to join.
As part of its integration with peaq, NetSepio will make its network of VPN and Wi-Fi nodes discoverable via peaq, using peaq IDs as its identity standard. It will deploy the smart contracts running its business logic on peaq and add real-time status reporting for the nodes. Finally, it will deploy its dApp on peaq mainnet and mint its token on peaq.
“Our online footprint has never been hunted as vehemently as it is today,” says Shachindra Kumar, CEO and Founder of NetSepio. “NetSepio is here to grant everyone the last-mile connectivity and privacy they deserve, leveraging the DePIN model to give the community ownership over the very infrastructure that delivers it the VPN and Wi-Fi services. By leveraging peaq’s secure, scalable, and versatile network, Erebrus Protocol offers reliable, high-speed Internet access while ensuring data integrity and privacy, perfectly aligning with our mission to democratize Web access and security.”
“Privacy is a core Web3 value, and a decentralized VPN service is perfectly aligned with its ethos,” says Leonard Dorlöchter, co-founder of peaq. “With its Erebrus Protocol, NetSepio is giving the world a community-owned VPN and Wi-Fi service secured by trustless Web3 mechanisms and top-notch encryption. We are thrilled to see it join peaq, the home of DePIN, and look forward to its launch and growth.”
The post NetSepio joins peaq to build a DePIN-powered VPN service appeared first on HIPTHER Alerts.
Blockchain
Bybit Launches Recovery Bounty Program with Rewards up to 10% of Stolen Funds
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Bybit Launches Recovery Bounty Program with Rewards up to 10% of Stolen Funds
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