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Viber is Joining Other Communication Apps by Getting Ready to Support a Native Token

Several communication apps have already entered the cryptosphere and now Viber is planning to join them. These days, the firm is developing support for a native token and it looks like this new feature will be launched by the app’s parent company, Rakuten Coin.

Viber was launched in 2014 and now reached the impressive number of 1 billion users worldwide. Considering this success, the parent company announced that it is thinking about launching its cryptocurrency, also called Rakuten Coin in 2019. Their intention is based on the loyalty program conducted in February. Surprisingly, Rakuten wants to launch the token via Viber in Russia and now they are studying the Russian laws.

According to Tass, a Russian news agency, Djamel Agaoua, Viber’s Chief Executive Officer declared that very soon people will be able to send and trade Rakuten Coins against rubles, dollars and euros. He added that transfers to bank accounts might also be possible, but it depends on Russian law.

It seems that messaging apps are very fond of tokens and virtual coins

Viber is not the only communication app that is getting into the crypto market. Others have already made this step. Kik Messenger has a little over 300 million users and increased popularity among teenagers. However, in 2017 managed to raise almost $100 million for its token from more than 10,000 ICO investors living in 117 countries.

Telegram was even more successful. Earlier this year, it managed to raise $1.7 billion from a small group of investors just for anticipating an ICO which eventually proved to be unnecessary.

According to some reports released last week, Japan’s most popular chat app, Line, announced that it will soon launch Bitbox, its own cryptocurrency exchange. Although the app has approximately 200 million users worldwide, the new platform will integrate more than 30 popular cryptocurrencies. Also, administrators promise to keep trading fees low and customer support in 15 languages. Under these conditions, the new exchange will become global very soon.

I’m Francis E. Hagopian, and I’m the voice and vision behind Billionaire365.com. For the last 15 years, I’ve lived and breathed Silicon Valley culture, arming myself with insights and know-how that I can’t wait to share with you. Think of me as your personal guide in the intricate maze of technology. I specialize in translating the complex into the understandable, so you can turn knowledge into power. This isn’t just about staying in the loop; it’s about giving you the tools you need to excel in a digital age. When you’re looking for reliable tech insights, know that I’ve got your back.

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Crypto News Tech

IOTA To Revolutionize The Internet Of Things With LiFi Technology For Lightning Speed

The IOTA is disclosing more details on its approach to powering the Internet of Things at lightning speed with its LiFi technology.

More than 26 billion devices will be linked to the Internet by 2020, says the research firm Gartner. That paves the way for a whole new dimension of digital intelligence, where you can transfer massive volumes of data from one device to another with no human-to-human or human-to-computer interactions. That may well dramatically impact the way we live, building smart cities and reshaping virtually all industries, from the producing industries and agriculture to supply chain management and healthcare.

IOTA is attempting to leverage its distributed general ledger technology to power the revolution of the Internet of Things and link billions of devices together and surmount a significant bottleneck, namely, the bandwidth.

Currently, the more devices are connected, the more limitations occur. On WiFi networks, for example, only three channels can operate concurrently without a glitch.

IOTA works on LiFi technology to power the Internet of Things at lightning speed

To tackle the bandwidth bottleneck, IOTA is currently investigating the full capabilities of LiFi, a relatively new technology that makes use of the light spectrum and generates infinite channels.

LiFi is a technology developed to harness existing LED technology to transmit data at lightning speed.

Bandwidth is undoubtedly the last bottleneck. I can’t do anything about the speed of light. But the theoretical limits of LiFi are in terabytes per microsecond in the magnitude range.

IOTA Ecosystem Fund Director John Licciardello, on Reddit

On Discord, according to Hello IOTA, an IOTA code developer also debated the advancements LiFi could bring to the Internet of Things. On the other hand, the IOTA founder David Sonstebo also talked about the LiFi technology on Twitter.

No, we always stress that the speed of LIGHT cannot be exceeded. The coordinator is not part of the IOTA protocol, it is an integration tool.

David Sonstebo, on Twitter

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News Tech

Android P Beta 3 Installed on Sony Xperia XZ2 Receives Support from Widevine L1

The Beta 3 version of Android is finally here with some interesting changes and new features which differentiate it from the previous version. In order to see how it works, developers decided to run it on several non-Google devices. The Sony Xperia XZ2 is one of them and after previously ”seeing” the Android P Beta 2, these days the smartphone has been updated to the 3rd testing process.

Thanks to these updates, Sony could fix several bugs and even registered some changes. One of them is the unexpected support received from Widevine L1. This means that previous Beta versions of Android P installed on flagship phones prevented the devices from playing Netflix or Amazon Prime videos exceeding 480p.

Now, things are easier. Thanks to Widevine L1 the restriction was removed and you don’t have to have anything enabled in your Sony Xperia XZ2 phone if it runs the Beta 3 version of Android P. Besides this, other changelogs can be noticed by those using this particular type of device.

  • Storage limitations – Users cannot transfer files and don’t have the possibility to create new folders on an external SDcard;
  • When the Airplane mode is enabled and after it is disabled you need to enter the SIM pin;
  • Like we mentioned before, Widevine supports the L1 security level;
  • You can use the camera flash for more than one picture;

With all the improvements, we could still notice some flaws in this version of Android P installed on Sony Xperia XZ2. For example, the camera quality is poor, because its part from the AOSP’s stock. Also, you will need to format the SD card before using it, otherwise it won’t work and cause your phone a boot-loop.

In order to avoid all problems, you should remove the card if you want to use Android P on this Sony Xperia version. Another issue is caused by the fact that, in order to recognize it, you have to fully restart the device when you insert a new SIM.

If you still want to see how Beta 3 version of Android P works on a non-Google phone, download it and start using it.

I’m Francis E. Hagopian, and I’m the voice and vision behind Billionaire365.com. For the last 15 years, I’ve lived and breathed Silicon Valley culture, arming myself with insights and know-how that I can’t wait to share with you. Think of me as your personal guide in the intricate maze of technology. I specialize in translating the complex into the understandable, so you can turn knowledge into power. This isn’t just about staying in the loop; it’s about giving you the tools you need to excel in a digital age. When you’re looking for reliable tech insights, know that I’ve got your back.

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Games News

Hackers are Listing a Fake Release Date for GTA 6 in the Online Mode of GTA 5

Recently, gamers who were playing GTA 5 in the online mode reported having received an in-game message announcing that Grand Theft Auto 6 will be launched in 2019. According to the franchise’s developers, Rockstar Games, the rumors are fake and not coming from their official channels.

The discussion was opened by GTA Online players on Reddit and the GTA Online forum. Since they thought that the release date for the latest part of the series is finally out, they turned the channels red with questions about the big announcement.

Social media is an important communication way these days, so the Rockstar Support team’s Twitter account was the place where gamers found the answer to their question. The response was, of course, negative, because the official team confirmed the fact that it is a hoax, as many initially suspected.

Rockstar is expected to give some explanations

So far, Rockstar couldn’t explain how this could have happened, but rumors from the Reddit community are speculating that a hacker could have used mods and a security flaw from Rockstar Social Club’s messaging system to send the message. This idea is supported by the fact that pop-ups are appearing mostly in PS3, Xbox 360 and PC versions of the game and here mods are more prevalent.

The whole fuss was started by gamers scepticism regarding Rockstar’s policy to reveal previous release dates for games from the GTA series. It seemed unlikely possible for the developers to simply spread the news about the entry of one of the most expected games from the family. They wouldn’t have done that without building up the users’ excitement by sharing some teasers and a little bit of details first.

With all things considered, GTA 6 is expected to have greater success than the game which is expecting its launch on the 26th of October 2018 – Red Dead Redemption 20. PS4 and Xbox users will be the ones enjoying the game real soon, but PC owners will join them in near future.

I’m Francis E. Hagopian, and I’m the voice and vision behind Billionaire365.com. For the last 15 years, I’ve lived and breathed Silicon Valley culture, arming myself with insights and know-how that I can’t wait to share with you. Think of me as your personal guide in the intricate maze of technology. I specialize in translating the complex into the understandable, so you can turn knowledge into power. This isn’t just about staying in the loop; it’s about giving you the tools you need to excel in a digital age. When you’re looking for reliable tech insights, know that I’ve got your back.

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Crypto Markets News

Flow Traders NV, The European Leading Trading Company, Entered The Cryptocurrencies Market

Flow Traders NV, based in Amsterdam, has entered the cryptocurrencies market despite warnings from the Dutch Authority for the Financial Markets (AFM).

Europe’s largest trader of listed funds, Flow Traders NV, is reportedly the first company to buy and sell quoted tickets based on Bitcoin (BTC) and Ethereum (ETH). According to Bloomberg, these publicly traded notes could increase the attractiveness of cryptocurrencies by making it easier and cheaper to invest in such assets.

Flow Traders NV Co-Executive Director Dennis Dijkstra said that cryptos are underestimated, and added that cryptocurrencies market “is big, and it’s going to be regulated very soon. Market participants are much more professional than people think. Institutional investors are interested. We know they are because they ask us to.”

The AFM did not share the enthusiasm of Flow Traders NV, but while the FMA can make recommendations and public warnings, it can do little to prohibit a company from trading in regulated securities on a regulated market.

We discourage activities in cryptocurrency by both consumers and professional licensees. Because of its novelty and the anonymity it potentially offers, it is very prone to abuse. Given its inability to serve the promised purpose as currency, we do not consider it an asset class.

Nienke Torensma, a spokesman at the Authority for the Financial Markets (AFM).

The Dutch Authority for the Financial Markets is concerned about cryptocurrency investments, while the Dutch government militated for a balanced regulatory framework for cryptos in May

According to Dijkstra from the Flow Traders NV, the company was hedging its cryptos transactions with futures contracts managed by CME Group Inc. and Cboe Global Markets Inc. He stated that the new approach has “great indirect benefits” for the development of Flow Traders NV’s foreign exchange trading business.

According to Bloomberg, in the first quarter of 2018 Flow Traders NV traded the equivalent of $284 billion in Euros of ETFs worldwide, including the equivalent of $167 billion in Europe, making the company the largest trader on the “Old Continent.”

The Authority for the Financial Markets raised concerns about investments in cryptocurrency in mid-June by sending a letter to market participants seeking to offer investment opportunities in cryptocurrency. The regulator said the related risks meant that these companies might not live up to their licensing obligations.

On the other hand, one month before that, in May, the Dutch government released a report stating that cryptocurrency poses a low risk to the country’s financial stability. The report predicts that the risks associated with crypto will increase with greater involvement of government financial institutions and stresses the need for balanced financial regulation.

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