If you have been living anywhere but in Antartica or under the rock for the past year (and surprisingly surviving,) then you most definitely have heard of blockchain technology at least once in your life. An innovation so great and bizarre, sometimes described as the next greatest invention after the internet, blockchain technology broke the web when it surfaced at the beginning of the year.
What is blockchain?
There are several definitions one can give to blockchain as a term. The most popular ones being the following:
a) Don and Alex Tapscott, authors of Blockchain Revolution, describe blockchain as, “an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions, but virtually everything else.”
b) Steve Wilson of ZD Net described it as, “an algorithm and distributed data structure for managing electronic cash without a central administrator among people who know nothing about one another. Originally designed for the crypto-currency Bitcoin, the blockchain architecture was driven by a radical rejection of at (government-guaranteed) money and bank controlled payments.”
Complex to the very core, the only thing that comes out clearly from these definitions is that blockchain basically consists of digital ledger technology, which lets transactions be broken into individual ones. In simple words, blockchain is like your very own personal ledger which cannot be broken or looked into! You know like when you have a diary that keeps being read by other people? The creators of blockchain made this technology what it is today because it is protected by a unique distributed network.
What is the unique distributed network?
The creators of blockchain realised very early on that only having a strong sense of control was not enough to protect this new creation. They had to have backups (with backups for the backups) for when things go wrong, so that anonymity and information is not only protected, but secured as well.
Simply put, if you have digital money, you need a wallet. Unlike specific wallets like Paytm, blockchain technology is the publicly accessible digital wallet with unique individual identifiers. People who want to make transactions via blockchain need to send messages and in order to send these messages, the users need keys. To make sure no one else has access to these keys, the technology needs security, which comes in the form of cryptographic keys. These cryptographic keys are made by keygens, which use complex mathematical equations to ensure complete security. Thereby, through this process, blockchain is made extremely secure.
When I first heard the word blockchain, I did not really understand what it meant. There was so much ambiguity in the term for me that I had to do a lot of digging up and understanding! Hope this helped clear the air for you as well!
iPhone Unknown Facts
Introduced by Steve Jobs in the year 2007, the iPhone is a technological revolution which changed the fate of smartphones forever. It is also safe to say, the iPhone is one of the most coveted smartphones in the world.
Here is a list of few things you may not know about this amazing piece of technology.
Unknown facts about iPhone
1) The iPhone was originally called ‘Purple.’ Scott Forstall, the ex software head of Apple, revealed, the phone was initially named ‘Purple,’ after ‘Purple Dorm,’ the building where it was built and developed.
2) Cisco Systems owns the patent for the name iPhone for its VoIP phone. When Apple released its iPhone, Cisco sued Apple for using its name. Both the companies then reached a settlement and agreed to work together on products later in the future.
3) If you ever observed the iPhone commercials, you will notice, all the iPhones show the time as 9:41 A.M. Apparently, 9:41 A.M., was the time when Steve Jobs first unveiled the iPhone.
4) The retina display on the iPhone is its most expensive feature.
5) We are all aware of the rivalry between Apple and Samsung. Samsung was seen trashing the iPhone in many of its commercials. Still, it looks like these companies are not rivals after all. According to technology intelligence experts, the processor that powers the iPhone is actually manufactured by Samsung. Now that’s a shocker.
6) When the iPhone was introduced, founder Steve Jobs first used it to make a prank call to order 4,000 lattes from a nearby Starbucks store.
7) iPhones are the most profitable products created by Apple. They account for up to 70 % of Apple’s total revenue.
8) The iPhone earned 73 % of the profit of the smartphone industry in 2018.
9) In 2007, iPhone was awarded the Invention of the Year by TIME magazine.
10) By 2015, Apple sold around 700 million iPhones. Reports also suggest, the users of iPhone are more loyal to their brand than Android users.
Do you know any other interesting facts about the iPhone? Comment below and let us know.
Apple Unknown Facts
Apple Inc. is a revolution that conquered the world of technology with its monumental ideas, innovation and creativity. Ever since its inception in 1976, Apple has launched several products which took over the market and brought it record breaking sales. However, there is more to Apple than just its iPhones or iPads. Keep reading to find out some lesser known and interesting facts about this tech giant.
Apple Unknown Facts:
1) We all are aware that Apple was launched on the 1st of April 1976, by Steve Paul Jobs and Steve Woznaik. What we may not know is that Jobs had to sell his Volkswagen and Woznaik had to sell his Hewlett Packard scientific calculator to raise the initial capital for the company.
2) Apple had another founder named Ronald Wayne, who left the company after just 12 days after it was founded.
3) The name Apple comes from Steve Jobs’ love for the fruit. People came up with several theories about the name, but in truth it was just the fruit that Jobs’ liked and named the company after that.
4) Apple is so successful that it has twice the amount as the U.S. Treasury.
5) Apple was called Apple Computer Inc., for the first 30 years. It was only in 2007 that the name was changed to Apple Inc. to indicate the company’s expansion in the electronic market.
6) Apple’s first computer, Apple 1 was basically just a motherboard without a keyboard, monitor or case.
7) In the year 2018, Apple Inc. became the first ever company to hit the 1 trillion market capitalization mark.
8) Apple has the patent for the slide to unlock feature and it once sued Samsung for infringing its patent.
9) Apple has a no smoking ban regarding its computers. If you smoke while using an Apple computer, you void the warranty.
10) Everything you say to Siri will be sent to Apple. Apple analyzes the data and stores it for future developments.
Apple Smartwatch Band With Adjustable Built In-Camera?
Have you ever thought of having a camera in a watch, or a watch band, for that matter? Tech giant Apple Inc., was given a patent for a smartwatch band which will have an adjustable built in camera.
This idea was attempted by several other brands, but Apple now holds the patent for it. The patent is titled, “Watch band with optical sensor.” The patent was filed by Apple back in September 2016, but the patent was officially given today.
Unlike other watch bands with a built in camera, this design of Apple actually allows users to point the camera in all directions, without actually rotating the wrist.
How will Apple do this? The camera will be placed on the loose end of the band which sticks up from above the face of the watch. This placement of the camera makes it extremely convenient for the users to twist, rotate, extend or bend the camera to capture the desired shots, without actually straining the wrist.
This location of the camera can also allow placing cameras on either side of the band, giving Apple some feature options like 360 degree photos and videos.
If this watch ever makes it into the real world, it can help people capture important moments of their life instantly, without having to depend much on a smartphone.
This watch can help you capture images and videos even when you are hiking, swimming, running or surfing. Apple has proposed several options to capture images and videos, including pinching the band, pressing a button on the band and voice control.
With this patent, it is sure Apple is making every effort possible to take its technology a notch higher. We will have to wait and see when this idea actually makes it into the real world, if it does.
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