Forward-looking blockchain technology solutions tech giants should take a closer look at

Blockchain technology is evolving with more and more solutions for business. It has new opportunities to facilitate the storage and transmission of data, as well as to increase its security level.

In particular, blockchain technology now allows improving a number of technical tools of high-tech gadgets without increasing the cost of the ready-made one-stop solutions to the moon, but keeping the price level of competing solutions, for example, Apple or Google.

Security

Initially, there were two basic approaches to data security on any gadget:

• comprehensive device protection (password, encryption, VPN, privacy screens, etc.);
• a decrease in the amount of important data on the device.

Obviously, in the ongoing processes, these measures have long become obsolete and are hardly effective. According to Juniper Research, the average U.S. firm spends $15 million on cybersecurity annually. Worldwide spending on cybersecurity is forecasted to reach $133.7 billion in 2022 according to Gartner.

The integration of blockchain-backed devices and DApps occurs exactly at the moment when humanity recognizes security as the most important factor in choosing technical means and devices for storing and transmitting data. One of the first innovators in this industry has been Debrief and its blockchain network that completely revolutionizes data security. Its secret lies in a decentralized storage system and secure blockchain authentication, which makes it practically impossible for hackers to tamper with sensitive information. With such a level of data encryption, information cannot be edited or tampered with in any type of way once it is put onto the network.  

Besides solving the security issue, Debrief is changing the way business and personal communication works. Its DApp, showcasing the functionalities capable on the network, provides HD Video Conferencing, P2P audio and video calling, messaging, decentralized file storage, and more, which ensures that confidential business and personal information stays safe and secure.

“Debrief is not just a network, not just an app. This is a movement. As an innovation tool for communications, its mission is to reshape the future of privacy and security through a blockchain-enabled communication network.”

Jeff Pulver, VoIP pioneer, Co-founder of $3B Vonage, and early investor in Twitter. 

Turnkey solutions

Turnkey solutions are another trend of 2020. The pioneer of this idea is Bitwings, an official blockchain-based solution of the leading Spanish mobile operator Wings Mobile, whose goal was to create the most secure standards for e-devices without compromising the operating system and its performance. Thus, such devices as MinephoneWX, which can produce up to 2 ETH per month, or Xbook, the world’s first laptop based on neural technologies designed to ensure the highest level of data security, help accelerate the integration of blockchain in all industries already this year.

The real whales of the mobile industry are also an integral part of this game. So, Samsung has already announced its Klaytn blockchain phone, based on the Galaxy Note 10, which will include blockchain applications and a pre-loaded crypto wallet. Among the giants taking part in the creation of the blockchain devices are HTC and LG.

Another blockchain laptop runs on the Voice Over Blockchain Protocol (VOBP). For ease of use and security, the laptop is equipped with a physical encryption key. The user can also find many crypto-related applications, such as wallets, trading applications, Near Field Communication applications for instant payment and much more. It’s also equipped with a mini-screen that acts like PoS and can scan barcodes.

One of the biggest laptop problems that blockchain solves is data storage. Users can store their materials on disk or online. Currently, users prefer to store their data in cloud storage, which is generally unsafe and risky. When using the blockchain, even natural disasters and power outages will not affect the safety of data, since it’s stored on many computers simultaneously.

Web 3.0 and vSIM

Web 3.0 stands for the next version of the Internet supporting DApps that can run on public, P2P (peer-to-peer) networks instead of private corporate servers. One of the main advantages of such technology is the ability of the app to respond faster to the user’s request.

Another blockchain advantage is the opportunity to transfer to virtual SIM cards. Despite the fact that vSIM is not a new technology, it is the blockchain that will allow the move to a new level of SIM use – stop using physical SIM cards. Since the blockchain is responsible for encrypting user data and each vSim is unique to the device, the process can become completely digital.

Monetization

Recently, applications and services that allow you to earn passively are gaining more and more popularity. This issue was particularly acute in connection with quarantine due to the current situation with the pandemic. Already, the largest corporations are thinking about integrating blockchain-backed solutions to allow users to monetize their actions while providing them with a high level of security and transparency. 

According to J.R. Forsyth, a longtime cryptocurrency advocate, blockchain developer and ONFO founder, among one of the most popular and sought-after solutions in the current situation with coronavirus are newfangled staking, which opens up new opportunities for investors, and social network mining, allowing users to earn money without investments. Perhaps it is these solutions that will be the first to be integrated and massively introduced into next-gen hi-tech gadgets and applications.

Blockchain mass integration – to be or not to be?

Already, blockchain has found wide recognition and application in some countries. In fact, it is currently used by several governments as a legally recognized financial asset mechanism. It is only a matter of time before such giants like Google and Apple begin to introduce blockchain into their products, guided by the example of other leaders in the mobile market, who spend many months exploring blockchain technology and looking for the opportunities for mass use by people worldwide.