"Two blockchain-related technologies won conference “Innovation Awards” for their ingenuity, allowing their products to be featured at the final gadget showcase of CES’ best products. The Blok on Blok (BOB for short) claims to be the world’s first entirely blockchain-powered phone, developed by a company in Singapore. Originally introduced as a prototype in 2018, the BOB has been rebranded slightly and updated to include a more secure operating system. Not only will the phone allow calls, texts and internet connection to take place entirely over baked-in decentralized networks, but each BOB itself acts as a node for this network, allowing customers to create their own community.Also winning accolades in the field of cybersecurity and privacy was IoTex’s Ucam, a home security camera designed to use blockchain technology to make recorded data as secure as possible. Positioning itself as a contrast to Amazon’s home security, the developers of Ucam have noted the degree to which employees at Amazon are able to access users’ own footage with little oversight. When streams of data are recorded by Ucam, they are encrypted before being sent to storage on IoTex’s massive data servers. The permissions for decoding these encryptions are made with distributed ledger technology, and as a result only the actual owner of the device is able to create usable files. This allows the user to store larger amounts of data than would be practical to keep as an individual homeowner, while also ensuring that no other party has any access themselves."Ucam is backed by IoTeX's privacy-based blockchain to encrypt all data from anyone but the user. It is slated to hit the market in March 2020.https://ift.tt/2G3219Z
Submitted January 20, 2020 at 02:28AM
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