If you are an avid follower of our latest cryptocurrency news, you probably know that smartphones have blockchain capabilities nowadays. This is the relatively new and latest invention in this field – and IMpulse K1 is a new smartphone that raised the bar higher, providing additional protection to user’s data.
In times when blockchain smartphones use new technology which is far from understanding of ordinary customers, the new IMpulse K1 phone delivers a lot of novelties and premium features. Set to launch this year, the smartphone is the latest product of Karatbars International, a Stuttgart-based retailer and one of the most successful blockchain companies on the market.
So far, Karatbars has created a foundation of blockchain technology, digital assets and precious metals. The company was featured on many best cryptocurrency news sites – but it seems like their masterpiece is coming in the form of a phone – the IMpulse K1 smartphone.
As the most recent innovation, this phone is the world’s first ever ‘Voice Over Blockchain’ smartphone which makes it special. Seen as a revolutionary breakthrough in the altcoin news and the market of cryptocurrencies, the IMpulse K1 is expected to solve a lot of problems, especially ones with privacy and security of its users.
The company has used an innovative technology named “VOBP” (Voice Over Blockchain Protocol) when creating the new communication system that is integrated in the flagship IMpulse K1 smartphones. As described, VOBP allows users to communicate in a new and encrypted way. All of the information will be sent P2P and enciphered end-to-end, precluding third parties from interference.
The main goal, as the manufacturer of IMpulse K1 noted, is to satisfy the need for security on the growing smartphone market. It should be underlined that the K1 Phone uses the latest technological improvements when storing data safely. This way, documents, images and videos will all be enciphered through the IFPS platform, which is the decentralized storage instrument based on blockchain technology.
All in all, IMpulse K1 is a blockchain smartphone that will likely change the concept of modern smartphones. The users will be free to choose and speak – and the model will be accessible in three different forms: Impulse K1 Carbon, Gold, and Army. The first model, Carbon, is amazingly light and stylish, and will likely become popular among the younger masses.
The German Government Establishes A Sound Blockchain Strategy
“The young and innovative blockchain ecosystem in Germany should be preserved and continue to grow. Germany should be an attractive location for the development of blockchain applications and investments in their scaling. At the same time, large companies, small and medium-sized enterprises and startups, as well as the public sector, countries, civil society organizations, and citizens should be enabled to make informed decisions about the use of technology.”In order to achieve its newly outlined blockchain goals, the German government said that one effort that it wants to undertake is devising an “investment and growth-oriented regulatory framework” geared to the domestic crypto economy. This way, the markets could “work without state intervention and the principle of sustainability is guaranteed.” Furthermore, the ministries noted that they were going to take a multi-pronged approach towards becoming a blockchain hub. As many best cryptocurrency news sites noted, Germany is looking to promote entrepreneurs, encourage investments, guarantee stability, enable fair competition, support stakeholders and foster international cooperation in the attempt to bring blockchain to the masses. All of these goals were created through consultations with officials of the German government - and more than 150 crypto economy stakeholders over the past few months. The task at hand is now putting everything into action.
“At the European and international level, the Federal Government will work to ensure that stablecoins do not become an alternative to state currencies,” the strategy document read.The grand question for now is whether other smaller European countries will follow Germany's (and France's) lead in taking a strict stance towards blockchain innovation.
CJ Korea Develops A Blockchain-Based Music Copyright System
“It is very important to have a system that guarantees fairness and transparency among copyright stakeholders,” said Kim Eung-do, the director of the DT Convergence Research Institute at CJ OliveNetworks in a report which was published in the business outlet Hankyung.As he also noted, “the blockchain-based copyright management system will greatly contribute to improving the copyright management process.” Meanwhile, CJ Korea is South Korea's 14 largest conglomerate and has 31 trillion won ($25.9 billion) in assets as the latest Fair Trade Commission data report shows. The business lines include everything from food and beverage to logistics, beauty stores, IT, entertainment and a cinema chain. On the other hand, the latest cryptocurrency news show that CJ OliveNetworks operates OliveYoung, who is one of the country's K-beauty leaders. He has an IT division doing everything from Internet of Things (IoT) to cloud computing to Big Data. However, a decision was announced in April to split the two and transfer the IT division to CJ Korea Corp. Meanwhile, Amazon Web Services (AWS) became available in Korea in 2016. 2019 was the year when it started offering the Managed Blockchain to the public, following the introduction of the service back in 2018. So far, AT&T, Nestle and Accenture are among the respected clients of the service.
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