Category Archives: mobile

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Telegram CEO Will Use Bitcoin To Frustrate Moscow Ban

Telegram founder Pavlov Durov has refused to comply with a Moscow court which has recently banned the popular cloud-based messaging service.

The ban was passed by the Moscow court in an apparent effort to thwart terrorism, citing the app as playing a role in terrorist activities around the globe.  Security agencies had originally demanded Telegram allow them to access to user information.

Durov informed Telegram users that the reason for the ban was the company’s refusal to provide encryption keys to Russian agencies:

“For the past 24 hours, Telegram has been under a ban by internet providers in Russia… our refusal… was an easy decision. We promised our users 100% privacy and would rather cease to exist than violate this promise.”

Within the last two days, Russia blocked over 15 million IP addresses in attempts to ban Telegram on its territory. Regardless, Telegram remained available for the majority of Russia’s residents #digitalresistance https://t.co/2syVbVzXPg

— Pavel Durov (@durov) April 17, 2018

A day after the ban was put into effect, Durov announced that he would use Bitcoin to fund proxies and VPNs to get around the problem for his customers.

Telegram has been in conflict with Russian regulators for some time regarding the use of the app. Those seeking privacy around the world use the app for its encrypted messaging service offering high levels of privacy. The app is used in many countries in areas of conflict or government oppression as a method of secure and private communication.

In the latest development, Russian state communications regulator Roskomnadzor has blocked IP addresses owned by Google and Amazon, both used by Telegram. Interfax news reports that the Russian regulator has now blocked 18 sub-networks and some 15 to 20 million Google and Amazon IP addresses. Roskomnnadzor is a Russian federal executive body responsible for censorship in media and telecommunications.

As a result, Russian users, as well as being shut out of Telegram, can no longer use other services which route through Google and Amazon servers including the Viber messaging app. Latest reports that Microsoft and Windows updates and online games by Wargaming and Netflix may have been impacted.

Durov appears to be committed to servicing his customers despite all the hurdles thrown his way by Russian government agencies, including making donations of Bitcoin for individuals or companies running proxies and VPN:

“I am happy to donate millions of dollars this year to this cause… I called this Digital Resistance – a decentralized movement standing for digital freedoms and progress globally.”

 

The post Telegram CEO Will Use Bitcoin To Frustrate Moscow Ban appeared first on BitcoinNews.com.

Finney the Blockchain Blackberry

Foxconn is going to assist Sirin Labs with the development of its new Finney blockchain phone.

The blockchain Blackberry

Finney, the “state-of-the-art mobile device for the Blockchain era”, is rumored to ship in October for a target price of USD 1,000. Sirin has currently received 25,000 preorders, with 2018 sales expected to exceed 100,000 units, with the possibility of reaching several million. The device is due to initially go on sale in stores located in active crypto communities such as Vietnam and Turkey. As sales increase, the intention will be to expand distribution to common mobile retailers.

Cryptocurrency accessibility

Cryptocurrencies have grown in popularity but in terms of everyday convenience, there hasn’t been much progression. Most people store cryptocurrency on hardware or software wallets which tend to require PC access, or hot wallets such as Coinbase. Although mobile wallets are available, they aren’t necessarily as secure. Bitcoin ATMs are increasing in number, but are not as abundant as their fiat counterparts and are limited to trading a few currencies. Having a secure, intuitive mobile designed from the ground up around blockchain would bring cryptocurrency use to the mainstream.

Tech specifications

Current smartphones have several underlying issues in their ability to deliver a secure crypto experience. Sirin Labs’s mission with Finney is to provide the functionality and usability of an Android. Their flagship will shift towards enhanced security via its suite of cybersecurity technologies, providing reliable access to the blockchain. Finney’s physical security switch is a cool addition to the hardware as a preventative measure.

Finney Blockchain Phone

An app store for distributed apps (like ysigns messenger app) will streamline accessibility and provide a competitive marketplace for developers. The ability to make easy purchases from crypto-friendly sites like Overstock and Newegg with quick conversions from cash to crypto may encourage a more widespread adoption from customers and retailers alike.

Secure future

It’s time for innovation in the outdated mobile market shadowed by ever-growing cyber threats. With more personal details being stored on our mobile devices, a future with secure mobile trade and communication is imperative. Mobiles need to take on the responsibility of safeguarding our data so we don’t have to worry as much.

 

The post Finney the Blockchain Blackberry appeared first on BitcoinNews.com.

Jonathan Stacke – Bitcoin in India

Jonathan Stacke – Bitcoin in India:

Jonathan Stacke writes on Bitcoin in India for his latest article on The Genesis Block (@TheGenesisBlock). Excerpts:

“With talk of inflation and capital controls familiar to the bitcoin community, one might think Indian citizens would be jumping at the opportunity to adopt the digital currency, yet the hurdles to wide-scale bitcoin proliferation in India may be significant for the foreseeable future. While demand for gold has grown in India, the multiple applications it offers culturally and industrially in addition to acting as an alternative store of wealth may mean that such demand does not translate to bitcoin.”

“[A correlation exists] between bitcoin adoption and internet penetration in a given country. India, with just 12.6% of its citizens having internet access, has the sixth lowest internet penetration of the 100 largest countries. Despite that fact, the size of the total Indian population – more than 1.2 billion – makes India the third largest internet-using population in the world, with 150 million users, behind only China and the US.”

“It is possible to buy and sell bitcoin through a number of websites including buysellbitco.in and there does appear to be a healthy LocalBitcoins market.”

“Not to be overlooked is India’s mobile phone penetration of 71%, or approximately 900 million total users. […] only 44 million Indians are smartphone subscribers.”

“M-PESA, the mobile payment system that has changed the lives of millions in Kenya recently rolled out in India. […] If mobile payment systems like these gain traction in India as they have in Africa, acceptance of digital currency would prove to be a less significant hurdle.”

“India had the highest remittance volume in the world in 2011 with $58 billion, or 3.1% of GDP, according to the World Bank.”

“Forward-thinking companies like Buttercoin have recently stepped in to apply the potential of bitcoin to these markets […]”

“The Reserve Bank of India has stated that it does not immediately intend to regulate bitcoin, but their historic actions indicate that may change soon enough […]”

 – http://thegenesisblock.com/bitcoin-in-india-drivers-and-barriers-to-adoption
 – (Further discussion of this article)

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