LOS ANGELES — Cryptocurrency startup Hussy.io has announced the development of a decentralized token infrastructure that it claims will make it nearly impossible to shut down and hence resistant to harmful regulations such as FOSTA/SESTA.
HUSSY.io is an Estonian startup currently working on a distributed escorting and due diligence platform open to third-party providers.
According to the company, its solution will shake up engaging in sexual activities in exchange for payment by utilizing blockchain technology — and while the Hussy.io infrastructure is designed to be stealthy, data owners will still have full control over their data.
“Only the data owners are in control of their data, nobody else is able to delete or modify the data,” explains a company spokesperson, “not even us, not even the listing platforms and not even law enforcement.”
Decentralized systems such as blockchain are already disrupting many industries and the sex work industry won’t be an exception.
“The blockchain will increase the privacy, safety and trust in the sex work industry like we never seen before,” the spokesperson adds. “The sex work industry is [notorious for] shady ventures and often overlooked by digital innovators. Other features include for example a prevention of time-wasting or abusive clients by using security deposits, flexible fee schedules and age verification.”
Hussy.io is planning a crowdsale campaign in Q1 2019 with an initial token offering.
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