Introduction
There's no contention of the fact that the internet changed the world. It lead us into the digital era and companies who were able to foresee the future of the internet took great advantage of this and made a name for themselves. After the internet, blockchain technology was the next big thing that is bringing another era into light. Many wonders if blockchain would be able to make the same impact as the internet. For this to happen, it has to be made accessible to even non-tech expert, what better way to do this than making it available on mobile devices. This is what Function X brings to the world.
A group of researchers teamed up and discovered that it is indeed possible to bring blockchain to the world of telephony, data transmission, storage, and other industries; a world far beyond financial transactions and transfers which it is currently used for mainly. To displace the current technology with something new, the new technology has to offer at least a tenfold improvement in all aspects including speed, transparency, scalability, and governance (consensus). This is what Function X represents. They are ushering in the era of 10-times better functionality. Now let's see what Function X is really about, and what they offer to the next generation blockchain technologies.
All You Need To Know About FunctionX
The vision of Function X "f(x)" is to create a fully autonomous and decentralized network that does not rely on any individual, organization or structure. The purpose of Function X OS is to allow smart hardware and IoTs to harness the upside and potential utility of the decentralization approach. Function X has developed an in-house solution that will enable mobile phones to leverage Function X OS in the form of the XPhone.
Function X is a universal decentralized internet which is powered by blockchain technology and smart devices. This is supported by end-user smart devices functioning as blockchain nodes. These devices include the XPOS and XPhone developed by Pundi X and will also include many other hardware devices manufactured by other original equipment manufacturers. This is one great thing about Function X, allowing other companies to employ and customize the Function X OS for their own smart devices.
The entire Function X or f(x) ecosystem is built on and for the blockchain. Every bit and byte in f(x) is part of the blockchain. Everything in f(x) (including the application source code, transmission protocol, and hardware) is completely decentralized and secure. Every smart device in the Function X ecosystem can be a node and each will have its address and private key, uniquely linked to their node names. The OS is based on the Android OS 9.0, therefore benefiting from backward compatibility with Android apps. The Function X OS supports Android apps and Google services, as well as the newly developed decentralized services (blockchain mode).
Function X has developed not just a public chain but a total decentralized solution, consisting of five core components: Function X Operating System (OS); Function X distributed ledger (Blockchain); Function X IPFS; FXTP Protocol and Function X Decentralized Docker. All five components serve a single purpose which is to decentralize all services, apps, websites, communications and, most importantly, data. With all these juicy features Functions X offers, it is surely set to reshape the entire blockchain industry.
To Know More About FunctionX Visit The Links Below
Website: https://functionx.io/#/
Concept paper: https://functionx.io/assets/file/Function_X_Concept_Paper_v2.0.pdf
Twitter: https://twitter.com/functionx_io
Telegram: https://t.me/functionx
Facebook: https://www.facebook.com/FunctionX.io/
Medium:https://medium.com/functionx
YouTube: https://www.youtube.com/channel/UCmS83bWNR43jwEOC6EJaOyw
Wallet Download: https://xwallet.pundix.com/
Written By: JEBORN || BTT PROFILE LINK