P2P Messaging Apps Offer an Unparalleled Level of Privacy but Some Limitations Still Exist
Thursday,11/07/2024|12:00GMTby
FM
Most P2P messaging apps currently face a significant limitations.
Over the past decade, individual data privacy has been under siege like never before. In fact, just earlier this year, a major data breach exposed millions of two-factor authentication (2FA) codes associated with leading messaging platforms such as WhatsApp. In response to these repeated incidents, peer-to-peer (P2P) messengers have quickly emerged as a silver lining for individuals seeking secure communication avenues — since these apps promise direct, encrypted connections between users, free from the prying eyes of centralized entities.
However, despite their allure, most P2P messaging apps currently face a significant limitation, i.e. messages can only be exchanged when both parties are actively using the application — thus undermining their effectiveness in today's fast-paced world. This limitation stems from the very nature of P2P tech because, without a centralized server to store and forward messages, there's nowhere for a message to "wait" if the recipient is offline.
Consider a scenario where Dave wants to urgently ping Wendy using such an app. If Wendy’s device is turned off or her app isn't running, Dave’s message has nowhere to go. It can't be stored on a server (as there isn't one), and it can't reach the recipient device directly. As a result, the two parties have to wait until both are online concurrently, leading to a loss of critical communication windows.
This limitation in itself makes P2P messaging apps impractical for many real-world scenarios, especially in today’s world, where individuals often have to communicate through different time zones with varying schedules.
Decentralization could be the key
While the aforementioned limitation is undoubtedly significant, it is by no means unconquerable. In fact, the solution lies in robust decentralization, wherein a large, distributed network can act as a temporary custodian for messages, holding them securely until the recipient comes online. This approach combines the privacy of P2P communication while offering the same level of convenience as traditional messaging systems.
One platform actively using this approach is Session, a decentralized messager that combines several innovative modules and technologies to provide secure, private communication channels without compromising on everyday usability.
Session's operational methodology revolves around two key concepts. The application utilizes a decentralized network of community-operated nodes organized into small cooperative groups called ‘swarms.’ These swarms work together to store and route messages, ensuring delivery even if some nodes become unreachable.
To protect user privacy, Session employs a framework called ‘onion routing’ that obscures the origin and destination of each message. Every encrypted message is routed through three nodes in the network, making it virtually impossible for any single node to gather meaningful information about the users or their communications.
When a user sends a message, it's securely stored within the swarm network until the recipient comes online. The recipient's device then retrieves the message from the network, maintaining the privacy of both sender and receiver throughout the process.
The future of messaging
As traditional messaging services continue to face a barrage of security breaches and privacy concerns, the demand for more secure alternatives has been on the rise. For instance, in February 2023, a massive data leak affected WhatsApp, with reports suggesting that the development resulted in the personal data of nearly 500 million WhatsApp users (including phone numbers from 84 countries) being put up for sale on a hacking forum.
To elaborate, the breach included over 32 million US user records, 45 million from Egypt, and significant numbers from Italy, Saudi Arabia, France, and Turkey. Similarly, Asian messaging behemoth Line also faced similar issues earlier in 2024 when miscreants were able to steal the personal information of 440,000 users, 86,000 business partners, and 51,000 employees.
Lastly, experts discovered a vulnerability in Telegram's voice call feature (back in October 2023) that exposed user IP addresses during calls. Despite Telegram's emphasis on security, the issue highlighted the ever-present risks associated with messaging services controlled by a single entity.
Therefore, moving forward, the adoption of non-local messaging platforms like Session is likely to accelerate. By combining the best of both worlds — i.e. P2P privacy and ease of use — these platforms are offering users a robust solution that stands to herald a major revolution within the global messaging landscape. Interesting times ahead!!
Over the past decade, individual data privacy has been under siege like never before. In fact, just earlier this year, a major data breach exposed millions of two-factor authentication (2FA) codes associated with leading messaging platforms such as WhatsApp. In response to these repeated incidents, peer-to-peer (P2P) messengers have quickly emerged as a silver lining for individuals seeking secure communication avenues — since these apps promise direct, encrypted connections between users, free from the prying eyes of centralized entities.
However, despite their allure, most P2P messaging apps currently face a significant limitation, i.e. messages can only be exchanged when both parties are actively using the application — thus undermining their effectiveness in today's fast-paced world. This limitation stems from the very nature of P2P tech because, without a centralized server to store and forward messages, there's nowhere for a message to "wait" if the recipient is offline.
Consider a scenario where Dave wants to urgently ping Wendy using such an app. If Wendy’s device is turned off or her app isn't running, Dave’s message has nowhere to go. It can't be stored on a server (as there isn't one), and it can't reach the recipient device directly. As a result, the two parties have to wait until both are online concurrently, leading to a loss of critical communication windows.
This limitation in itself makes P2P messaging apps impractical for many real-world scenarios, especially in today’s world, where individuals often have to communicate through different time zones with varying schedules.
Decentralization could be the key
While the aforementioned limitation is undoubtedly significant, it is by no means unconquerable. In fact, the solution lies in robust decentralization, wherein a large, distributed network can act as a temporary custodian for messages, holding them securely until the recipient comes online. This approach combines the privacy of P2P communication while offering the same level of convenience as traditional messaging systems.
One platform actively using this approach is Session, a decentralized messager that combines several innovative modules and technologies to provide secure, private communication channels without compromising on everyday usability.
Session's operational methodology revolves around two key concepts. The application utilizes a decentralized network of community-operated nodes organized into small cooperative groups called ‘swarms.’ These swarms work together to store and route messages, ensuring delivery even if some nodes become unreachable.
To protect user privacy, Session employs a framework called ‘onion routing’ that obscures the origin and destination of each message. Every encrypted message is routed through three nodes in the network, making it virtually impossible for any single node to gather meaningful information about the users or their communications.
When a user sends a message, it's securely stored within the swarm network until the recipient comes online. The recipient's device then retrieves the message from the network, maintaining the privacy of both sender and receiver throughout the process.
The future of messaging
As traditional messaging services continue to face a barrage of security breaches and privacy concerns, the demand for more secure alternatives has been on the rise. For instance, in February 2023, a massive data leak affected WhatsApp, with reports suggesting that the development resulted in the personal data of nearly 500 million WhatsApp users (including phone numbers from 84 countries) being put up for sale on a hacking forum.
To elaborate, the breach included over 32 million US user records, 45 million from Egypt, and significant numbers from Italy, Saudi Arabia, France, and Turkey. Similarly, Asian messaging behemoth Line also faced similar issues earlier in 2024 when miscreants were able to steal the personal information of 440,000 users, 86,000 business partners, and 51,000 employees.
Lastly, experts discovered a vulnerability in Telegram's voice call feature (back in October 2023) that exposed user IP addresses during calls. Despite Telegram's emphasis on security, the issue highlighted the ever-present risks associated with messaging services controlled by a single entity.
Therefore, moving forward, the adoption of non-local messaging platforms like Session is likely to accelerate. By combining the best of both worlds — i.e. P2P privacy and ease of use — these platforms are offering users a robust solution that stands to herald a major revolution within the global messaging landscape. Interesting times ahead!!
Beyond the Prompt: Solitics’ VP Product, Guy Shemer Exposes ‘Traditional’ AI Flaws and Reveals New Product: the AI Expert
Marketing in 2026 Audiences, Costs, and Smarter AI
Marketing in 2026 Audiences, Costs, and Smarter AI
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
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As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
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Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
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🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
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Educators, IBs, And Other Regional Growth Drivers
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
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🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
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This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
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Mind The Gap: Can Retail Investors Save the UK Stock Market?
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As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official