tl;dr – we are forming the first of its kind committee to help shape how communications might flow if sent directly through wallet providers, and we are looking for wallet companies to join the committee. The communications schema will be called Bulletin. Join our Telegram here or email us about your interest
As we’ve worked on SimpleID, one core problem continues to rear its head: Web3 companies can’t or don’t communicate with their users. SimpleID has provided the initial solution to this. By combining our analytics and segmentation with email and in-app messaging, companies can start to communicate, to inform, and to better protect.
But we can go further.
The Problem
When introducing the idea of email to the Web3 community, you have to overcome two challenges. First, you have to overcome the challenge of removing the association of personal info (email address) with crypto addresses. Second, you have to prove that you are doing what you say and can be trusted.
SimpleID has done the first part. The second problem is the “trusted third-party” problem. In a decentralized world, people should be able to trust themselves and not be forced into trusting others. The infrastructure of Web3 doesn’t quite support this idea fully—at least not in a way that provides the user experience, consumer protections, and joy that Web2 has provided. So, we start with some centralization layered in optionally on top of decentralized technology.
Some examples of this include node operators, analytics companies, and SimpleID. For us, we’ve placed security and privacy at the forefront of what we do with the long-term goal being continued decentralization of our technology. But until we get to the point where we can be completely decentralized, we have to take steps forward.
At the end of the day, the current problem with communication in Web3 is not that you can’t do it but that people have to trust you.
The Idea
Wallet providers in the Web3 space have earned the trust of thousands, if not millions, of users. They’ve done so through a trust but verify model. Open source code, security audits, and a vibrant community of developers and users. Wallet providers are the first line of defense (and usually the only defense) for end-users. As such, wallet providers are not keen on introducing external code and partnerships into their platforms.
Yet, wallet providers are the perfect vehicles through which communications can travel. Especially now when we are seeing a rise in native mobile wallets, these providers have the opportunity to fundamentally change the way Web3 users receive communications. Email has long been the de-facto standard for communicating with someone when they have left an application. Whether these communications are re-engagement campaigns, account information, or something more serious, email is the route through which almost all after-the-fact communication happens.
However, with the advent of native mobile wallets, we have the opportunity to leverage mobile push notifications. These notifications are, arguably, a more direct line to the user. In the decentralized finance space, the time it takes to receive a notification about, say, a CDP liquidation can mean the difference between a portfolio saved and thousands to millions of dollars lost.
If we can route communications through the layer users trust most—the wallet layer—we can start to solve many of the problems Web3 faces. But we have to do so in a smart, coordinated way. We have to form a committee to ensure the right solution is architected and enforced. And we have to put as much control in the users’ hands initially as we can with the long-term goal of putting complete control in their hands.
The Framework
We have sketched out an early framework and schema for Web3 communications as a starting point. We have both the near-term schema and a skeleton of the long-term schema. The solution, once all parties have had time to provide input, will be called Bulletin.
Near-Term
The first iteration of the new Bulletin framework is still very much being shaped by the participants who join the Web3 Communications Consortium, but the idea we’re starting with is roughly this:
Any application can use a monitoring and communications platform to kick off messaging to users based on criteria they have set. A wallet notification service will take in the messaging via webhooks (or some other method yet to be determined). A check will be conducted and if the user has not opted out of messaging, that message can be delivered in the wallet’s native form (email, sms, or push).
In this model, end users have all the control, wallet providers don’t have to worry about spam, and applications have a direct line of communication with their users rather than the indirect models that exist today.
Long-Term
The future of this entire framework is to make it as decentralized as possible. That means users controlling their messaging settings, controlling the messages, and controlling access to data generated from them viewing those messages. It will take time to get there, but the infrastructure is already being laid. 3Box has introduced Ceramic Network, which is just one example of a decentralized, user-focused protocol coming to market.
A decentralized, user-controlled future might look something like this. Apps and protocols talking to users through messaging services, monitoring services, and through one-off messages. All of this can happen in an n-to-many fashion. n number of apps or protocols can communicate to many users (assuming the users have opted in to receiving messaging).
User protection and ownership is the name of the game. If we can nail that, it’ll be a win across the board.
Call To Action
We have already spoken with numerous wallet providers and began the discussion around forming a committee to help shape Web3 communications, but we want to involve the entire wallet community, if possible.
As a crypto enthusiast, I have always believed that communication is key to widespread adoption. I’m glad to see SimpleID tackling this problem in the Web3 space. By combining analytics and segmentation with email and in-app messaging, companies can finally bridge the gap and better engage with users. Looking forward to seeing Bulletin in action!
I think the idea of Bulletin is great! It’s important for Web3 companies to be able to effectively communicate with their users. SimpleID seems to be addressing this core problem and providing a solution. I hope more wallet companies join the committee to shape how communications flow in this space.
Can Bulletin guarantee the security and privacy of user information?
Absolutely, JohnCrypto. Security and privacy are paramount to Bulletin. We have implemented robust encryption protocols to ensure the protection of user information. Additionally, we strictly adhere to privacy regulations and user consent. Trust in our platform is of utmost importance to us.
It’s exciting to see initiatives like Bulletin addressing the communication gap in Web3 companies. The inability to communicate effectively with users has been a major challenge. SimpleID seems to be providing a great solution by combining analytics, segmentation, and messaging. Looking forward to seeing how this committee shapes the future of communications in the Web3 space.
I completely agree with the article. Web3 companies definitely need to improve their communication with users. SimpleID’s solution is great, but there is still more to be done. Trust is a key issue in the decentralized world, and it’s important to find a way for users to trust themselves rather than rely on third parties. I’m looking forward to seeing how Bulletin can help address these challenges.
This is a great initiative! Communication is crucial for user engagement and trust in the Web3 space. I’m glad to see SimpleID taking the lead and providing solutions. Looking forward to seeing how Bulletin shapes the future of communications with wallet providers!
I completely agree with the article. As a user of Web3 companies, it’s frustrating to not be able to communicate with them effectively. SimpleID’s approach seems promising and I hope more wallet companies join the committee to improve communications. Looking forward to seeing how Bulletin will shape the future of communication in the Web3 community.
It’s great to see that SimpleID is tackling the issue of communication between Web3 companies and users. This has been a major problem in the industry, and it’s about time someone addressed it. I’m excited to see how the Bulletin communications schema will improve the user experience and trust in the crypto community. Looking forward to joining the Telegram group!
How will Bulletin ensure user privacy and data protection?
Great question, Jessica_1992! Bulletin is designed with user privacy and data protection in mind. With SimpleID’s analytics and segmentation capabilities, we ensure that user data remains secure and is used only for the purpose of effective communication. Additionally, Bulletin operates on a decentralized infrastructure, which means that user information is not stored in a centralized database that is vulnerable to hacks or breaches. Trust in the Web3 community is essential, and we’re committed to providing a communication schema that prioritizes user privacy and data protection. Feel free to join our Telegram or email us for more detailed information on how Bulletin safeguards user data.
It’s great to see SimpleID addressing the communication issue in Web3. I believe that effective communication is crucial for the growth and adoption of this technology. By providing a solution like Bulletin, companies can now connect with their users and build trust. Looking forward to seeing more wallet companies joining the committee.
As a user of Web3 companies, I can’t agree more with the core problem mentioned in the article. It’s frustrating not being able to communicate with the companies directly. I’m glad to hear that SimpleID is providing a solution to this. Looking forward to seeing Bulletin in action and improved communication between users and wallet providers.
I think this committee is a great initiative. Communication is crucial in any industry, and it’s about time Web3 companies start taking it seriously. By joining the committee, wallet companies can collaborate and find innovative ways to communicate with their users. I’m excited to see how Bulletin will shape the future of Web3 communications.
Great initiative! As a user of Web3 platforms, it’s frustrating to see the lack of communication. I believe Bulletin can be a game-changer in bridging the gap between Web3 companies and their users. Looking forward to the progress of this committee!
How will Bulletin ensure the privacy and security of user data while communicating through wallet providers? Will there be any encryption measures in place?
Hey JustinCrypto, great question! Ensuring privacy and security of user data is our top priority with Bulletin. We understand the importance of encryption measures in today’s digital age. Bulletin will implement robust encryption protocols to protect user data while communicating through wallet providers. Rest assured, your information will be fully secure. Let us know if you have any more concerns!
How does SimpleID ensure the privacy and security of user’s information while communicating with Web3 companies?
Hey MaxCrypto, great question! SimpleID ensures the privacy and security of user’s information through a combination of encryption and user authentication protocols. By leveraging advanced cryptography techniques, all communications between users and Web3 companies are encrypted, ensuring that sensitive information remains secure. Additionally, SimpleID implements robust user authentication measures to verify the identities of both users and Web3 companies, further enhancing the privacy and security of the communication process. Rest assured, your information is in safe hands with SimpleID!
How does Bulletin ensure the trustworthiness and security of user communications in a decentralized environment?
Great question, amanda567! Bulletin ensures the trustworthiness and security of user communications in a decentralized environment by using advanced encryption algorithms. These algorithms ensure that all messages are securely transmitted and can only be accessed by the intended recipients. Additionally, Bulletin incorporates blockchain technology to provide an immutable record of all communications, making it nearly impossible for any unauthorized parties to tamper with the messages. Rest assured, your communications are safe and protected with Bulletin in the Web3 world.
Can you provide more details on how SimpleID is able to overcome the challenge of trust and ensuring data security in Web3 communications?
Hi MeganCrypto, great question! SimpleID tackles the challenge of trust and data security in Web3 communications by leveraging blockchain technology. With blockchain, data is encrypted and stored in a decentralized manner, making it highly secure and tamper-proof. Additionally, SimpleID incorporates advanced encryption methods and authentication protocols to ensure that only authorized users can access and interact with the platform. By combining these measures, SimpleID provides a trusted and secure communication channel for Web3 companies and their users. Hope that helps!
Wow, I’m really impressed with SimpleID’s innovative solution to the problem of communication in Web3 companies. It’s great to see them combining analytics, segmentation, and messaging to better inform and protect users. Can’t wait to see how Bulletin shapes up!
It’s great to see SimpleID addressing the communication issue in Web3 companies. Effective communication is crucial for building trust and improving user experience. I’m excited to see how Bulletin will shape the future of communications in the wallet providers. Keep up the good work!
How do you plan on addressing the “trusted third-party” problem in Web3 communications? Can you provide more information on how SimpleID has tackled this issue?
To address the “trusted third-party” problem in Web3 communications, SimpleID employs a unique approach. By utilizing decentralized verification mechanisms and cryptographic protocols, SimpleID ensures that users can trust the authenticity of communication nodes without relying on traditional intermediaries. Our solution prioritizes user sovereignty and data security, offering a more decentralized and transparent model for Web3 interactions. Should you require further details on how SimpleID tackles this issue, feel free to reach out!
Can the Bulletin communications schema also address the issue of trust in a decentralized world, ensuring users don’t have to rely on third parties for security?
Hi AmySmith123, you bring up a crucial point about trust in the decentralized world. The Bulletin communications schema aims to tackle this problem by promoting self-trust rather than reliance on third parties for security. By empowering users to have direct communication channels with Web3 companies through wallet providers, we can enhance transparency and strengthen the integrity of the ecosystem. Exciting times ahead for Web3 communications!
How will the Bulletin communications schema address the challenges of establishing trust and ensuring user privacy in the Web3 ecosystem? Is there a specific approach to tackle these issues?
Hey SarahTheSeeker, when it comes to establishing trust and ensuring user privacy in the Web3 ecosystem with the Bulletin communications schema, the focus is on transparency and decentralization. By leveraging blockchain technology, Bulletin aims to create a secure and verifiable communication channel that doesn’t rely on traditional third-party trust models. This approach allows users to maintain control over their data and interactions, enhancing privacy and security within the Web3 environment.
As we’ve worked on SimpleID, one core problem continues to rear its head: Web3 companies can’t or don’t communicate with their users. SimpleID has provided the initial solution to this. By combining our analytics and segmentation with email and in-app messaging, companies can start to communicate, to inform, and to better protect. But we can go further.
As we’ve worked on SimpleID, one core problem continues to rear its head: Web3 companies can’t or don’t communicate with their users. SimpleID has provided the initial solution to this. By combining our analytics and segmentation with email and in-app messaging, companies can start to communicate, to inform, and to better protect.
As we’ve worked on SimpleID, one core problem continues to rear its head: Web3 companies can’t or don’t communicate with their users. SimpleID has provided the initial solution to this. By combining our analytics and segmentation with email and in-app messaging, companies can start to communicate, to inform, and to better protect. But we can go further. The Problem When introducing the idea of email to the Web3 community, you have to overcome two challenges. First, you have to overcome the challenge of removing the association of personal info (email address) with crypto addresses. Second, you have to prove that you are doing what you say and can be trusted. SimpleID has done the first part. The second problem is the “trusted third-party” problem. In a decentralized world, people should be able to trust themselves and not be forced into trusting others. The infrastructure of Web3 doesn’t quite support this idea fully—at least not in a way that provides the user experience.