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Topic: Qualcomm funds startup to use Bitcoin for Internet of Things - page 4. (Read 5541 times)

full member
Activity: 168
Merit: 100
I am still curious about what exactly is the company going to come out with ?
The site only indicates miners for now.
legendary
Activity: 1442
Merit: 1016
http://blogs.wsj.com/digits/2015/03/10/secretive-bitcoin-startup-21-reveals-record-funds-hints-at-mass-consumer-play/

Qualcomm's chips represent a large portion of the cell phone market.  They intend to bring their cellular chip technology to all manner of interconnected things, and use the Bitcoin blockchain to do so.


He knew it. Cheesy
Listen 25:00 to 26:35!

https://www.youtube.com/watch?v=9npQ5f74Nr4#t=25m00

At 26:20 he said:"Bitcoin protocol being embedded in chips.Chips that can't be modified very easily!"
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
I really don't know how many of these companies really want to use the *Bitcoin* blockchain, or just the general idea of a blockchain technology... But you need some incentive to keep the Blockchain decentralized, so a monetary reward (BTC) seems fitting!

Assuming BTC can scale then you'd be pretty brave/confident/insane to stake your operations on any other chain than that assuming it might be vulnerable in any way. It's the bulletproof daddy of them all.
sr. member
Activity: 280
Merit: 250
Relax!
I really don't know how many of these companies really want to use the *Bitcoin* blockchain, or just the general idea of a blockchain technology... But you need some incentive to keep the Blockchain decentralized, so a monetary reward (BTC) seems fitting!
legendary
Activity: 1106
Merit: 1007
Hide your women
[Suspicious link removed]j.com/digits/2015/03/10/secretive-bitcoin-startup-21-reveals-record-funds-hints-at-mass-consumer-play/

Qualcomm's chips represent a large portion of the cell phone market.  They intend to bring their cellular chip technology to all manner of interconnected things, and use the Bitcoin blockchain to do so.


The Internet of Things is probably the stupidest idea today, I hate to see it get associated with Bitcoin

The way IoT is described and understood today IS stupid, kind of like the "information superhighway" description in the early 1990s. But there is real, almost infinite potential in pieces of code doing business with other pieces of code (not toasters) and the blockchain is almost ideal for that kind of app.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
[Suspicious link removed]j.com/digits/2015/03/10/secretive-bitcoin-startup-21-reveals-record-funds-hints-at-mass-consumer-play/

Qualcomm's chips represent a large portion of the cell phone market.  They intend to bring their cellular chip technology to all manner of interconnected things, and use the Bitcoin blockchain to do so.


The Internet of Things is probably the stupidest idea today, I hate to see it get associated with Bitcoin

Be careful what you type. In a few years time if your home appliances don't like your attitude they'll be able to put out a hit on you before you can turn them off.
newbie
Activity: 23
Merit: 0
[Suspicious link removed]j.com/digits/2015/03/10/secretive-bitcoin-startup-21-reveals-record-funds-hints-at-mass-consumer-play/

Qualcomm's chips represent a large portion of the cell phone market.  They intend to bring their cellular chip technology to all manner of interconnected things, and use the Bitcoin blockchain to do so.


The Internet of Things is probably the stupidest idea today, I hate to see it get associated with Bitcoin
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
http://blogs.wsj.com/digits/2015/03/10/secretive-bitcoin-startup-21-reveals-record-funds-hints-at-mass-consumer-play/

Qualcomm's chips represent a large portion of the cell phone market.  They intend to bring their cellular chip technology to all manner of interconnected things, and use the Bitcoin blockchain to do so.


This could be one of the biggest stories in the history of Bitcoin.
We are seeing Bitcoin explode onto the global stage!
sr. member
Activity: 364
Merit: 250
http://blogs.wsj.com/digits/2015/03/10/secretive-bitcoin-startup-21-reveals-record-funds-hints-at-mass-consumer-play/

Qualcomm's chips represent a large portion of the cell phone market.  They intend to bring their cellular chip technology to all manner of interconnected things, and use the Bitcoin blockchain to do so.
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