Like Satoshi Nakamoto said: “I’ve got Blockchain in my pocket”. Soon, thanks to the latest tech-savy guys in The Land of The Rising Sun you will be able to say that too while caressing your Bitcoin-mining-I-Phone while pretending not to care.
Another week, another beta. We are seeing yet more awesome inventions now that blockchain is used just about anywhere, and that includes mobile phones. In the same way that you can now play games on mobiles, which would have been unheard of a relatively short time ago, blockchain is traveling onto mobiles. There is a great future (or shall we say futures?) for mobile blockchaining, with a few very exciting developments.
Even though the data is a little sketchy and we’re not sure about all the details, the new Lenovo S5 with its Z-Space tech and Sichuan Changhong Electric’s R8, the world’s first blockchain mobile, are reportedly implementing the new technology to even further guarantee more security and protection the likes of which we have not seen before. You probably heard Bloomberg’s reports about Huawei’s activity in this field earlier, and the results are, well, here already.
Huawei has recently stated:
“Amazing meeting just concluded between Sirin Labs and Huawei. Among other things discussed was the possibility of cooperating together to bring blockchain technology to the masses in a secure way.”
The phones will feature a variety of new opportunities and software, ranging from a cold storage cryptocurrency wallet to a currency conversion app that will automatically transfer fiat currency to crypto. There will be a wealth of blockchain games and other tools used for work. The blockchain is reported to have a big future in all areas of life, including logistics, office management, space stations, and you being able to pay with it for beer (which, we suspect, will be its main use, at least with our friends).
So what does the future hold for mobile-related tech, blockchain in general, and the humankind, with a new technology that could transform the future as we know it?
Blockchain can be used for all kinds of inventions, and we are likely to see not only wondrous 5G-related experiences in the future and androids and electronic sheep but also very interesting developments from gaming and mobile-gaming affioliate corporations.
Sasha Ivanov, the CEO of Waves, explains how expanding into the mobile market and increasing functionality there may be even more important for blockchain developers today:
“Bringing fiat transfers on blockchain can become a game-changer for mobile payments and also can disrupt international remittance; this is another direction of our cooperations.”
In search of quicker transfers and more effective interfaces corporations are springing up like mushrooms after the rain, offering more and more sophisticated and superior entertainment. RewardMob operates out of Canada and provides a 14000-wallet service that rewards playing online tournaments and also trades tokens. There is plenty of potential in this market for immediate gains given the capacity to make adequate decisions at the right time.
RewardMob’s CEO Todd Koch on the subject:
“Blockchain technology provides additional security, speed, and flexibility that allows us to innovate in the loyalty rewards space. Crucially, the Waves Platform also securely administers, manages and delivers all of our RMOB loyalty tokens to players. We want to grow our business by fifteen times in the next six months and with the Waves Platform support; it is making this happen and at a rapid-fire pace.”
Security, Speed, and Flexibility
Revain, a blockchain-based review aggregator platform, inspects services, goods, exchanges, and token dynamics for a living employing a new generation of AI, IBM Watson. Revain offers perhaps the only un-fakeable way of integrity and due diligence checking, which is to cross-reference the reviews (which users are paid to leave), including the human factor, and employing the latest android intellect.
The reviews are filtered to exclude bots and frivolously-minded clients using pattern recognition software that includes, amongst other things, Tone Analyzer Software that prevents reviews that contain too-high Anger, Disgust and Sadness levels from surfacing on the company’s website. The whitepaper is fascinating, and we certainly recommend running your new endeavors by them:
The future of blockchain-related apps is quite fascinating. Soon we may stop paying for mobile data altogether according to Google’s CEO Eric Shmidt, who predicted back in 2006 that users will be using free phones as long as they are ok with certain kinds of adverts.
In his interview with the Reuters Schmidt famously said:
“Your mobile phone should be free, and data should never be held, hostage.”
Another Google CEO, Sundar Pinchai, promised a few more breathtaking developments in his time:
“In an AI-first world, interactions become even more seamless and natural. So, with voice, you can speak to things, and we are working on Google Lens, so your computer can see things the way you see them.”
So what will this combination of blockchain-enabled mobiles and new state-of-the-art tech bring us? We are already familiar with the idea of smart houses that will fill up on milk calling in drones when you run out. Being able to perform all the operations you used to on a PC on your mobile is the next logical step.
Mobile mining as means of passive income with your free phone, which automatically blocks youк ex, however, she chooses to message you, is a very inspirational idea. We can’t wait to see what the future will bring.
Image courtesy of Bitcoins.net.
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