HTC’s blockchain-based smartphone Exodus, developed by the HTC electronic giant, announced their official partnership with Opera Browser that reached our blockchain news today as well as the added support for a couple of dApps.
The news was first published in a series of Tweets today from the official account of the company.
The company announced the added support for the Decentraland dApp and Etheremon in its ZIONVault which is integrated cold storage. Also, according to a report the Exodus smartphone also provided support for the Taiwanese dApp named Numbers.
The Numbers dApp tracks the user data and allows users to sell their data to other users in return for the cryptocurrency. Also, users are able to retain control over the data they are sharing and are able to always look into the companies that are interested in the data, so transparency is guaranteed.
By adding the Opera Browser, the users can access the integrated wallet in the browser and also can make micropayments on the website that basically support it. Other reports show that Exodus currently provides payment support for Ethereum but plans to add Bitcoin and Litecoin in the close future.
The chief decentralized officer of HTC, Phil Chen stated:
“Now you could pay an amount like 0.00002 ETH [equivalent to about $0.0027]. And never in the history of micropayments did that make sense. There’d be a transaction fee or you’d have to share revenue with the app store.”
He was also quoted saying that the next step for the company is to make each phone as a partial node of a blockchain in order to ease the process of trading between different phone owners.
Exodus will be available for purchase with fiat currencies as well.
Dissident Revolutionary Group Use Crypto To Overthrow Kim Jong-Un In North Korea
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Binance Enables Australian Users To Buy BTC At 1,300 Newsstands
‘’Binance Lite is a simple site for users to easily buy bitcoin with cash at physical store fronts. This model makes it really easy to bring new users into crypto, starting with Australia, where the government has taken proactive steps to support the blockchain industry. Users won’t have to open complicated online accounts to start using the service.’’The crypto market in Australia was a little behind than other markets in the world such as South Korea or Singapore because the banks didn’t support the crypto businesses in Australia. Back in 2017, during the strongest crypto rally, reports show that the larger Australian banks closed the accounts on multiple crypto investors. However, starting last year, the government of Australia began its proactive approach in regulating the crypto space and the blockchain industry so the investors are now hopeful that they could improve the market in the long run. Zhou also said that more than $5 billion in crypto was traded in crypto in 2018 in Australia and that since then the government is funding blockchain startups and companies by issuing bonds on the blockchain. The government has also started to accept crypto on airports such as the airport in Brisbane and even held a voting trial on the blockchain. He finished his interview by saying:
“Binance Lite also completes a comprehensive value chain for the Binance ecosystem in Australia. For example, users can show their friends how to buy bitcoin from Binance Lite stores, immediately load it up onto Trust Wallet on their phones, and go on to spend this bitcoin in shops accepting bitcoin payments through TravelbyBit, the payments startup Binance invested in last year.’’
Ron Karpovich: Crypto Innovators Will Have To Use A Bank To Move Funds
“Ultimately behind the scenes, they [crypto innovators] are going to have to use a bank to move funds. There’s more partnership instead of competition in that space. [...] When it comes to margins and capabilities — payments is never something that grows in margin, nobody wants to pay for a payment. That’s one of the hardest parts of this process: you have limited resources in the capability to sell, so you need highly efficient and large players.”Karpovich also stated that the blockchain technology could revolutionize the entire payments industry so that consumers won’t even notice the transformation as the technology will develop quickly into a cost-effective and efficient service. When talking about the JPM Coin, JPMorgan Chase’s blockchain-powered cryptocurrency, Karpovich didn’t agree with the suggestion that this move by the banking giant is a huge u-turn in their stance on the crypto industry given that the CEO Jamie Dimon is a popular Bitcoin antagonist because of what he said:
“I think there’s a difference between trading a cryptocurrency that’s in the market that’s ubiquitous versus using the technology to enhance your payments infrastructure. We look at the technology as being a means to doing things faster and cheaper: every CEO would like to make things faster and cheaper. So from that standpoint I think it represents a buy into the concept of using blockchain.”He does believe that the decision to issue a cryptocurrency aligns with the initiatives at the bank and thinks that the bank could potentially become a huge player in the blockchain space because of their private blockchain platform Quorum and its Interbank Information Network. The crypto community has mixed feelings about the JPM Coin. Some believe that this is a great moment for the crypto industry while others believe that it will close down the network structure and it will fragment the financial sector.
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- Dissident Revolutionary Group Use Crypto To Overthrow Kim Jong-Un In North Korea
- Crypto Benchmark Indices Launched On Bloomberg, Reuters And Nasdaq By CoinMarketCap
- Binance Enables Australian Users To Buy BTC At 1,300 Newsstands
- Ron Karpovich: Crypto Innovators Will Have To Use A Bank To Move Funds
- Binance: Australians Can Now Buy Bitcoin With Cash From 1,300+ High-Street Stores
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