Ethereum is one of the most exciting projects in the crypto world. Ethereum is a great cryptocurrency but also provides an exceptional decentralized platform to run applications.
There are a lot of awesome projects in the works for Ethereum, some of which I will detail in later articles.
One recent announcement by Coinbase caught my eye. Coinbase is "reportedly launching a new subsidiary brand focusing on secure messaging and blockchain-enabled payments"
The article below comes from coindesk.com. I will link to the original article in the Source section at the end of the post.
"Coinbase is reportedly launching a new subsidiary brand focusing on secure messaging and blockchain-enabled payments, its chief executive said in online statements today".
"Announced today via Twitter by CEO Brian Armstrong, the company is now testing a product called Token, a wallet and a browser for decentralized applications that is now operating on the ethereum testnet. The unveiling was detailed in a blog post that likened the project to WeChat, the popular social media service that has been cited as the inspiration for other blockchain payment projects of late."
"In the post, Coinbase framed Token as an extension of its long-held mission to use blockchain-based digital currencies as a means to achieve financial inclusion."
The post reads:
"We believe that everyone in the world should have access to financial services, and with smartphones becoming ubiquitous, digital currency can make that happen."
"In addition to its Coinbase wallet service, the startup also operates another subsidiary brand, GDAX, an exchange service for digital assets and digital currencies in more than 30 US states and territories, as well as Canada, UK, Australia, Singapore and select European countries."
"Among the features Token will aim to offer is a built-in reputation score that adjusts as users interact with the platform. Future upgrades outlined in the post include support for the decentralized identity platform uPort."
Reputation score that adjusts as users interact, hmm where have we seen that before? :)
"The blog post further indicated the product would seek to migrate to the live ethereum blockchain in the coming months, though no official timeline was made public."
"As noted in the announcement, the product is similar to other efforts to create mobile wallet platforms based on ethereum, currently the second-largest public blockchain by market cap."
The Token Blog provides this succinct description of the app...
"Token is a combination of a few things. It is:
A private and secure messaging app
A user controlled Ethereum wallet
A browser for Ethereum apps
We were inspired by apps like WeChat that are driving a large volume of digital payments in China. We wanted to build something for the rest of the world that works on open protocols."
What do you think about the project?
Do you use Ether?
What other crypto projects have you excited?
(Note for my followers)I will be less active on Steemit for a little while due to upcoming travel.
Go check out the original coindesk article with the link below, also browse the website, they have a post a lot of great info.
Source
http://www.coindesk.com/coinbase-now-testing-ethereum-messaging-app/
Pete Rizzo (
https://blog.tokenbrowser.com/introducing-token-2f2ceeab6d4c