When we talk about centralisation, one heavily centralised industry is the telecom industry. In developed countries, there will be a maximum of three to four primary service provides. Even in developing countries like India, there will be no more than ten telecom operators. These companies get to decide what price they wanted to charge for a phone call or for the internet services they provide.
Of course, there will be regulations, but not all carriers follow them. We have seen a lot of 3G & 4G scams that happened, but we will only get to know about them a couple of years after the occurrence of the fraud. Millions of taxpayers money go in vain and centralisation of power is the main reason for this.
What if the telecom sector is decentralised? Yes, this can happen with the advent of technology, and it is none other than blockchain. It is a myth that blockchain is confined to the financial sector alone because of security capabilities, but it is much more than that. We have discussed enough scenarios in our previous articles about the capabilities of this fantastic technology. Now, there is a possibility where we are able to eliminate the entire telecommunication network and replace them with a blockchain-based decentralised network. The good news is that this has already being done and is in the final stage of production. That means the testing of prototypes are successfully demonstrated, and it worked like magic. All this is being envisioned and developed by a company called PundiX.
PundiX is a company that is based out of Singapore. It was founded by Pitt Huang & Zac Cheah both being serial entrepreneurs. According to them, the main goal of PundiX is to integrate blockchain in everyday life of the users. This company is specialised in producing blockchain-powered devices and is majorly known for creating the world’s first blockchain POS (Point Of Sale) device. It is named as XPOS. This device enables customers and merchants to transact using blockchain in physical stores. This device has received a worldwide reputation and is being shipped to most of the developed countries like London, Colombia, Taiwan, Switzerland, Brazil etc.
You can get an idea of how this device works by watching this quick video.
XPhone is another revolutionary product that has been developed by this company. As discussed, this phone is powered by blockchain and completely works on a decentralised blockchain network. The operating system of XPhone is blockchain-based, and its communication protocol enables its users to transmit data, send texts and make calls just like a regular cell phone but with the help of a decentralised network. Hence the XPhone is independent of any centralised carriers, and of course, there is no need of any phone numbers.
For a company whose mission and vision are to integrate blockchain in everyday life, what else can be a better product than a blockchain-based phone? Their new communication protocol enables transmitting data and is capable of sharing, storing and publishing data in a decentralised way. They have also made their first phone call, which is blockchain-based and they call it the historic moment for the technology. This phone can be used as an entirely decentralised phone and also have the capability of a typical carrier phone just in case. It is up to the owner to use it the way they want to.
How does it work?
FunctionX the communication protocol allows its uses to share information that is entirely different from the internet’s HTTP. XPhone will be able to make calls and send information to other devices that are powered by the same FunctionX protocol and the blockchain operating system. Each of these devices acts as a node through which phone calls and data transmissions are done. Also, the Xphone is built on top of an Android OS, so that users can switch to traditional carriers when needed. This is required at least until the adoption of blockchain phones gets mainstreamed.
The way you use the XPhone will be a bit different from the conventional phone. For instance, if the registered phone’s name (essentially the name of the node) is ‘John’ and you want to call ‘Brad’. For you to call Brad, you can just enter ‘call.brad’. In the same way, if you wish to message Brad or mail Brad, you do that by entering ‘message.brad’ and ‘mail.brad’ respectively. Likewise, people who would like to call you will enter ‘call.john’. We have extremely simplified this for you to get an idea, but it will be more or less the same.
Accessing someones public content also get easy. If you want to see some media from Brad’s phone, you just have to enter ‘FXTP://xxx.brad’ just like an HTTP protocol but not centralised to any organisation or company. By doing this, you can share data, videos, pictures etc. within no time.
The technology behind this is a bit complex, but we hope you got an idea on the working of an XPhone. The good news is that we don’t have to wait for long to use these phones. According to PundiX, more than 100,000 XPhones are scheduled to be delivered to the global market by 2021. So it’s just a matter of 2 years from now to get our hands on this device. But in this ever-growing technology, we can’t say that this will be the only phone that will be entering the market with blockchain-based tech. We shouldn’t be surprised if any blockchain-based phone enters the market with better capabilities even before the release of XPhone. Cheers.