Startup Tangem will release a "smart" cryptomancer
Source:
Rapid growth in popularity makes even initially far from the topic people to pay attention to them. But to understand the diversity of the «coins» and the technologies associated with them, ordinary person is difficult. Tangem's why the startup decided to make the technology affordable by releasing a «smart» cryptomancer.
Andrew Pantyukhin, one of the founders of the company, explained that the purpose of the startup — to release the physical incarnation of Bitcoins, which can be touched. Each note will contain a special chip that contains crypto-currencies and other digital assets. The idea is that, given these «notes», people will be able to make cryptocurrency transaction simply passing notes to each other in anonymity. And yet, unlike the online transactions, the process will take place instantly.
Pantjuhin told the publication Hackermoon that, on the idea of a startup, to obtain banknotes in a special ATMs, stores and shopping networks — all in the same way as with conventional money.
Work on the bills began in 2014 when the company, with the support of chip makers, have access to the latest technologies.
Cryptobinary easy to use. All you need to do before you use — to have a wallet and read the basics of its use, but otherwise the use of such notes will not differ from the simple cash. Hack bill will be difficult, and if this can be done, the cost of the effort will significantly exceed the original value of the banknote, to the same access to other assets of the owner of an attacker using it do not get.
Now the cost of production of one banknote is around two dollars, but with the increase in turnover of cryptogenes the developers plan to reduce the cost of production to the price of ordinary paper money. Now it is small — make cryptomancer public, and this will need to enlist the support of distributors and to establish commercial relationships with the right people, which will allow millions of people to access the physical incarnation of Bitcoins.
Chat .
Chat.
Recommended
To work with PDF difficult? Try this app
PDFelement — a powerful processor to work with PDF Many of us somehow have to work with documents in PDF format. One needs it in the office, others just prefer to share documentation in PDF format as it is convenient to use and economical in ba...
How to get started with the training of neural networks
No machine learning can not work none of the neural network. a few years ago neural networks were something outlandish. Now this tool is mastering more and more people. And this industry is evolving at an incredible pace: recently, the neural network...
Why China began to raise pigs the size of a polar bear?
Pigs can weigh more than a ton In the article about the successful establishment we mentioned that is one of the largest consumers of pork meat. However, at the moment, Asia is widely distributed so-called African swine fever. This disease is not for...
Related News
Rumor: Microsoft is considering the acquisition of EA, Valve and PUBG Corp
an Unexpected information shared with the public reputable gaming portal Polygon. A reliable source close to Microsoft told reporters that the top leadership of the Redmond Corporation is seriously considering the possibility of a...
Best Russian regions for mining
mining in Russia — it is profitable. The price per Bitcoin mined here a little more than 4700 dollars for «coin», and the climate in most regions of the country contributes to this noble occupation — in the s...
The U.S. wants to ban sale of smartphones without removable batteries
After the recent scandal on «Apple» the company drew attention not only the Internet criticism, but U.S. authorities. However, Apple is their actions can spoil the sale of not only themselves, but all all manufacturers o...
Stock scams from South Korea will identify the AI
Korean Commission for supervision over the stock markets is going to introduce a new system with artificial intelligence that automatically detect fraud on various grounds. The system is already at the final stage of testing, and ...
Canadian entrepreneur heats a fish farm with the help of mining
Bruce hardy, a businessman from Canada who owns the company-software developer, and part-time engaged in the production , found an unexpected and very intelligent use of the allocated farms for mainiga heat. Now cryptoform literal...
In the United States for the first time approved the use of medical exoskeletons
In recent years, different firms produce more and more exoskeletons for a variety of needs, from devices to help the porters to a special military models. It is one thing to create the exoskeleton, and more — to obtain permi...
The Japanese company GMO Internet has developed a 12-nanometer chips for mining systems
the Press service of the Japanese conglomerate reported that experts of the GMO Internet Group has completed the development of 12-nanometer mining chip Fin FET Compact (FFC). According to the creators, the chips won't arrive, but...
The Creator of the Linux Intel patch from vulnerabilities Meltdown and the Spectre is garbage
the Founder and head of the Linux Foundation Linus Torvalds is known for his sharp style of critique. A few years ago he chastised the developers of NVIDIA for their unwillingness to release software under Linux, and now expressed...
Tesla will leave Elon without a paycheck
Despite the fact that 2017 was quite difficult for Tesla, CEO Elon Musk was able to capitalize in the 12 months to almost a hundred million dollars. According to Bloomberg, of which only 46 thousand dollars were on salary, while t...
NVIDIA encourages retailers to restrict the sale of GPU miners
NVIDIA asked the European retail partners to reduce the sale of her cards . It is recommended to sell not more than two graphics cards in one hand, — according to Techspot, referring to the German division of the company. i...
Norway relies on electrocapillary
Representatives of governmental Norwegian airport operator Avinor report that in the coming 20 years, the country plans to fully translate a small aircraft, a short internal flight, electric traction, — told the newspaper th...
14% of all stocks bitcoin and ether earned by criminal means
the Staff analysis company Autonomous Research conducted a study which found that since the emergence of years, hackers were able to steal more than $ 1.2 billion in balinova and essential equivalent. At the same time, the researc...
Servers on Linux and Windows massively affects virus-miner
cybersecurity Experts from companies Check Point, Ixia and Certego found that more than 700 servers on Windows and Linux infected by malicious software RubyMiner used for covert cryptocurrency. The first attack was noticed last we...
China is becoming a new leader in the field of alternative energy
China continues to make all possible efforts to transition to renewable energy sources. A new report the Institute for Energy Economics and Financial Analysis (IEEFA) clearly shows how China clearly aims to become a leader in the ...
Armenia will create a high-tech cluster with AI and bloccano
plans to create an Armenian high-tech cluster, said the representatives of Armenian Blockchain Forum. According to them, private cluster will allow not only to develop the blockchain projects, but over time will turn Armenia into ...
Mining giant Bitmain opens offices in Switzerland and Canada
After the recent laws issued by the Chinese government, the miners of China may have serious problems with the implementation of its activities in the country, so even a not too large company considering relocating their facilitie...
Fast food network USA will replace some of the staff robots
because Of the extremely rapid development of robotics, many analysts do not paint a very rosy picture of the future, and where most of the jobs that do not require much effort, "give" robots. And, it seems, the future has arrived...
Save the translation and the withdrawal of Bitcoin from the exchanges
the fee for withdrawal varies from exchange to exchange, so to know how you can save when such operations will not be excess. Some exchanges take a small percentage — often is 0,001-0,002 BTC as or . Some services, rent for ...
Siemens will start producing its own system of electricity storage
the German industrial giant Siemens and the American energy company AES's efforts to produce their own energy storage systems under the brand name Energy Fluence. The company's products will be sold in 160 countries and will be ab...
Sberbank has launched a laboratory for the study of the blockchain
the savings Bank has established a blockchain-laboratory, which will assist in exploring the latest technologies and make it possible to implement different solutions based on it — ForkLog reports, citing Bank representative...
Comments (0)
This article has no comment, be the first!