Archives for July 3, 2018

What Is A Blockchain Operating System?

, I track enterprise software application development & data management. Opinions expressed by Forbes Contributors are their own.

Nynja

The Nynja blockchain-enabled virtual operating system has a communications layer and a secure payments layer, with a multi-currency wallet.

Blockchain, as more and more people are finding out, is a ledger system for keeping records. More specifically, blockchain is an open (i.e. public, not held inside one company, unless it’s a private blockchain) distributed (it exists on many computers) immutable (it can not be altered, in theoretical terms, although it can be reverse-engineered and compromised to degrees) and permanent (needs no explanation) ledger system to record transactions between two parties.

Built initially as the underpinning foundation for Bitcoin and other cryptocurrencies, blockchain has since been applied to other use transaction-focused use cases.

What is a blockchain Operating System?

So if blockchain is blockchain and your computer, tablet and smartphone has an Operating System (OS) such as Windows, Apple OS X or iOS, Linux or Android… then what is a blockchain Operating System?

Actually the question should be: what is mobile blockchain-enabled virtual Operating System? First emerging for smartphones (hence the mobile prefix), a blockchain-enabled virtual operating system is one that gives the mobile device the ability to combine communication and commerce in a single unified platform. The ‘virtual’ aspect meaning that the intelligent stuff happens back in the cloud datacenter, not on the device itself per se.

The emergence of this newly unified technology proposition means that, in the theory at least, users can start engaging with blockchain-based services on smartphones with security and privacy already locked down.

Page 1 / 2

Facebook Is Killing Off an Anonymous Social App That Turned Out to Be a Failure

Last year, Facebook bought an anonymous social app called tbh, which was apparently popular with teenagers—a crucial demographic for Facebook, which is seeing engagement drop among its younger users.

At the time, tbh—a platform for providing positive feedback to friends—was enjoying a terrific rise in popularity, but that doesn’t seem to have lasted. On Monday, Facebook announced that it was killing off tbh, along with two other apps that it bought or launched in recent years. The reason for closing all three apps was “low usage.”

“We know some people are still using these apps and will be disappointed—and we’d like to take this opportunity to thank them for their support. But we need to prioritize our work so we don’t spread ourselves too thin. And it’s only by trial and error that we’ll create great social experiences for people,” the social networking and advertising giant said in its announcement.

The other two apps were Hello, a service that was developed in-house in 2015 to help Android users combine information from Facebook with their phone contacts data, and a fitness app called Moves that Facebook (fb) bought in 2014.

The company said it would be deleting the user data from all the apps over the next three months.

Recent research has shown that teenagers are using Facebook less these days, in the U.S. at least. Back in 2014-2015, the Pew Research Center found 71% of American teens were using the service, but now that figure is down to 51%.

The researchers reckon that teens these days typically use more than one platform. The good news for Facebook is that, while its core app has lost its lustre among the young, its Instagram image-sharing service is riding high, being used by 72% of American teens.