Crypto platforms Bitfinex and Tether collaborated with Hypercore to launch Keet, a peer-to-peer video chat application. The application also allows for audio and text exchanges and fully supports Bitcoin Lightning and USDT payments.
Bitfinex, Tether, and Hypercore also launched Holepunch, a protocol that would allow building peer-to-peer apps. Keet was the first app launched on the Holepunch platform.
In the launch video, Keet takes a shot at companies like Google and Amazon and mentioned that they often engage in recording user data and selling it to advertisers. Keet promises to build an Internet of Peers that removes any middleman while audio/video data sharing.
How does Keet Work
According to a blog post by Tether, Keet uses distributed technology called Digital Holepunching that allows users to connect without any middleman. All the connected users form a swarm and facilitate audio, video, text, and file transfer throughout the network.
Paolo Ardoino, who is the CTO of Bitfinex and Tether, reveals that Holepunch and Keet allow users to communicate without any data piracy from big-tech companies or oppressive governments. Ardoino has been appointed as the Chief Strategy Officer of Holepunch.
