Social media giant Facebook, is reportedly developing a cryptocurrency to be used to transfer money using WhatsApp. WhatsApp, as we know, is owned by Facebook and is going to receive the first taste fo the company’s Blockchain initiative. The report suggests that the company is developing a stablecoin. We’ll discuss what a stablecoin is, further into this article. But for now, its pretty interesting to see how this idea developed.The Social Currency
Facebook had been keen on entering the financial arena, for a very long time. In fact, it had hired PayPal president David Marcus way back in 2014. After a few months at the company, Facebook named him as the head of [...]
HTC has teased its very own blockchain smartphone in an Instagram post. The device, named Exodus, will launch on October 22. This is the world’s first major blockchain phone. The announcement about this was made earlier this year, in May. Blockchain refers to the decentralised ledger technology which underlies cryptocurrencies such as Bitcoin. The HTC Exodus is a crypto phone that supports cryptocurrencies. Rumours also say that you will be able to purchase the phone using cryptocurrency.
Also Read: Samsung To Launch Foldable Smartphone SoonView this post on Instagram
Smartphones, over the years, have become quite stagnant. We see a similar design, specifications and features in the majority of phones. That doesn’t mean there is no innovation, Huawei launched the P20 Pro with a triple-camera setup while Vivo launched the first-ever smartphone with an in-display fingerprint sensor. However, in October, we won’t see a launch of an engineering marvel but, a rather quirky smartphone to say the least. Sirin Labs, the Switzerland-based firm will launch the first-ever blockchain smartphone.
In September 2017, the company unveiled a blockchain-powered smartphone and PC for cryptocurrency nerds. These devices would act as secure wallets [...]
Atari is venturing into a new business of cryptocurrencies with Atari Token. The company has partnered with a brand Infinity Network, which is the creator of blockchain based Atari Token. The company is also planning to create a new digital entertainment platform using the same. It looks like the crypto has already started to pay off, as the latest Bloomberg report suggests that, the stock of the company has already spiked up to 60%.
Atari is mainly known for arcade games and video games, but the name has been also associated with movies and music as well.
Infinity Network has signed up for a long-term contract to use the name Atari. In exchange for this, the French [...]