FUNCTION X – Decentralized Ecosystem for the World's First Blockchain-powered Smartphone!
I can't really say much about you but as for me am super elated about the space of technological development that are making life easier for all. It is something that is very exciting for me to seeing how things are developing in a way that some decades ago our parents never dreamed of them. As we are now, the rate at which things are developing now is superfast and it does not seems to be ready to stop and all these are changing the way we lives and interact with our world.
Issues
For those who have learnt about blockchain technology, this amazing innovation which has been with us for more than a decade. Though I just get to know about three years ago but there are some that have known about for a decade and this set of people have benefited immensely from it more than many of us now but I can still say that am still among the early adopters of the technology. But the sad reality is that many just got to know about cryptocurrency and blockchain technology at the time that its price go up in an unprecedented way and those that jumped into it at that time have gone out because they only followed the hype which didn't last long.
After the last all time high in early 2018, we have witnessed a drastic decline in the market capitalization of cryptocurrency and some have exit scams but even with this issue it does not affect the further development of the industry and new innovative projects. This is the main reason why those of us that still believe continue to give it our support because this industry is here to stage and everything that are happening are just stages the industry needs to pass through. We are seeing the emergence of new projects that focus on adoption in all areas of life as many founders always say that blockchain is the future and in one way or the other, everyone will embrace it because it will be part of our daily lives.
For this to become a reality as fast as it can, a team of experts is more than ready to come up with ideas and concepts which includes flexible blockchain innovation and many other features associated with it.
Project & its Features
What I will share in this article is about a public blockchain network which will be used to develop a secure and transparent infrastructure for decentralized solutions. The name of the protocol is Function X or of F (X). It is essential for me to indicate that this protocol is a multilevel ecosystem that's made up of five elements. Each of this core features is created to solve a specific issues and offers us with an innovative opportunity to make use of the best features of blockchain technology in our day-to-day lives thereby offering a new blockchain services which includes decentralized applications creation, websites, smart devices and many other amazing products and services.
To add more to this, the main aim of Function X ecosystem is to have their own smart devices and also Internet of Things IoT sensors which increase the use of decentralized devices thereby increasing the adoption of blockchain technology and its decentralized currency. Furthermore, they put special focus into the creation of firs blockchain-based smart phones called XPhone which operates with a dual operating system. The core functionalities of these devices and data transfer functions either through cellular or internet network. The operational network of it will be broadened F (X) OC which is uniquely created for Android operating system.
Advantages XPhone
To start with, it is very important for me to let my readers know that currently, the only blockchain-based smartphone we have is XPhone. It is the only phone currently with such innovative features with blockchain integration which works on a decentralized protocol. This F (X) protocol that was used as the core protocol of this smartphone is a new protocol specifically created for smart devices. Furthermore, it gives you maximum decentralization and anonymity and you can also use it to makes calls and access the internet without you using centralized internet network or cellular network. This is will be an amazing and it will surely create a wider disruption in the world of Telephony. Don't doubt this, it is absolutely true because the developers have developed a special protocol submitted by ptt. All what you need to do is to set your own ptt address when doing your registration which will later look like https Internet protocol in the future.
Function X Token
As a decentralized protocol, there will be a need for users to carry out activities within the ecosystem and there must a token or coin that will power such operations so the team behind this protocol created a token for the platform. The usefulness of this token will be for both services providers and consumers within the ecosystem. Furthermore, by making use of the token platform users will able to buy all kinds of services that Dapps on it offers and make payments for blockchain calls, text messages and many other things.
Final Notes
Function X project as a whole bring for us solutions to difficult problems and offering users of the platform with new and innovative services. I will advice my readers to take their time to go through the website and ask questions in their Telegram group because this short write up is just a tip of the iceberg.
Useful Links
Website: https://functionx.io/#/
Facebook: https://www.facebook.com/FunctionX.io/
Twitter: https://twitter.com/functionx_io
Concept paper: https://functionx.io/assets/file/Function_X_Concept_Paper_v2.0.pdf
Telegram: https://t.me/functionx
YouTube: https://www.youtube.com/channel/UCmS83bWNR43jwEOC6EJaOyw
ANN thread: https://bitcointalk.org/index.php?topic=5166702.0
Article Authored by Morrin
https://bitcointalk.org/index.php?action=profile;u=2587898
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