Keybase

The Keybase company founded in 2014 offers tools for file sharing and messages in the environment protected using enciphering based on a blockchain.

History

2020: Zoom purchased Keybase

On May 7, 2020 Zoom Video Communications announced acquisition of Keybase at the price which the companies did not begin to disclose. Using technologies of the purchased startup of Zoom is going to implement end-to-end enciphering of all meetings on paid accounts.

After login users will receive public cryptographic certificates which will be stored in a repository of Zoom and can be used for establishment of a confidential communication channel between participants of the meeting — contains in the message of service.

Zoom purchased a blockchain company for implementation of end-to-end enciphering

In accordance with the terms the transaction which amount does not reveal Keybase will become Zoom subsidiary company, and the co-founder and the CEO of Keybase Max Krohn will head the Zoom command which is engaged in development and system testing of safety of video service. The founder and the head of Zoom Eric Yuan will be his direct head.

According to Yuan in the blog of the company, Keybase purchase — one of stages of the 90-day plan for strengthening of security of Zoom. After emergence of a wave of criticism concerning the service having the insufficient level of protection for counteraction of the malefactors continually interfering in others video meetings, the head of the company announced "the 90-dnevy plan" for elimination of errors.

Thereby, he expects to increase trust of private and corporate users to Zoom service which popularity sharply increased owing to a pandemic of a koronavirusny infection of COVID-19 in the period of which residents of many countries are forced to sit out at home and to remotely solve working problems.

Purchase of Keybase which became the first in the history of Zoom Video Communications founded in 2012 was positively apprehended by stock exchange analysts — after emergence of news of a stock of the company grew in price for 7.7%.^[1]

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