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Vibeo aims to mitigate the current inherent deficiencies of instant messaging apps by building a mobile messaging application with a decentralised architecture on the Ethereum blockchain. It would create communities where merchants can receive payments from users securely via the application; users can carry out financial exchanges; merchants can securely interact with customers and carry out transactions, and; users and merchants can build a stronger community around the blockchain.
The Vibeo protocol is designed to build the feeling of community among all users. The app incorporates a map location feature where you can discover a fully decentralised economy; find merchants and other Vibeo users in your locality and choose to engage with them. This motivates users and merchants alike to exchange currency, exchange ideas and even render services within the platform thus helping the movement for decentralisation grow and develop more. The protocol also incorporates key security features, not only within the app’s technology, but also in its application, to ensure that users can be safe both within the app and in real life. The security comes in sending payments within chats, and default encryption on all messages that is based on peer-to-peer protocols from decentralised servers. Key features such as the Safe Trip feature also ensures security in real life.