Electronics giant Samsung recently filed for a patent titled, “Programmable Blockchain Solid State Drive and Switch” back in May. Even though few details are known about the device, a surge in patent applications filed by large corporations on blockchain is becoming a trend.
To investigate how mobile manufacturers might view this latest development, Crypto Project Times caught up with Guy M Robert, CTO Virse – a Virtual Reality company with a crypto backed virtual economy and their own mobile hardware currently in development.
How can blockchain help organizations like Samsung that have
the biggest scale and impact globally?
“The chain of communication based services is roughly divided in:
- The device (normally a smartphone)
- The communication network (Broadband carrier and wifi network)
- The apps (Currently mainly Google Play and Apple App Store)
- The services (the features in the cloud that are used every day)
A company like Samsung doesn’t currently control much of this chain of services today.
They provide with the device and are trying to provide with the apps/services through their Galaxy store, but have a hard time going beyond selling smartphones.
With blockchain, the apps and services all of a sudden become decentralized and allow the device to become THE central part of the chain of services.
In other words, if Samsung can become a leader in the services that are blockchain based (and there will be a lot of them), a Samsung customer will stay loyal to Samsung as the device is the center of all these services that are being used.
Today, Facebook, Google and Apple are providing or managing the most important services for users worldwide and has therefore become the center of the user’s infrastructure. With blockchain this will change at the core and Samsung can now play a huge role in this revolution.
In fact, Samsung as the largest smartphone company can become the next communication company to snag the global number 1 position if they maintain the leadership in blockchain based features.”
One of the biggest advantages of using Field Programmable Gate Arrays (FPGA) is that it is re-programmable, unlike ASIC mining devices. Are the days of ASIC mining devices numbered?
Guy: “Yes, but probably not for a couple of years. FPGA has currently two challenges, they are expensive (twice the ASIC prices) and they are difficult to reprogram.
As ASIC’s are normally being replaced after 9-12 months with newer, faster, more energy efficient ones, the reprogrammable value is still somewhat hard to defend. As FPGA will reduce in cost to say 25-40% of the current price point, the ASIC’s days will probably be over, but it looks like this will take another 2+ years. At that point the plug and play solutions for FPGA will most likely be there as well.”
Samsung now supports over 30 cryptos in its blockchain wallet. What does this show about the current state of adoption for digital assets?
Guy: “Yes, the blockchain/crypto coin revolution opens tremendous opportunities for Samsung that is chasing market shares in the ‘non-device’ related chain of communication services.
The faster Samsung can become a leading provider in the blockchain related service provisioning, the more likely is their chance to move upwards Apple in the race to become largest communication company. (Forbes 500, ‘19: Apple 11, Samsung 15, Google (Alphabet) 37, Facebook 184)”
What other similar blockchain initiatives by other electronic companies do you think can compare?
Guy: “Competitors are already entering the market with secure phones that ship with complete crypto ecosystems such as the ViRSE series of 3D Phones which is part of the VIR crypto token ecosystem and support the display the ViRSE virtual universe world in 3D. The ViRSE phone is expected to launch in time for the holiday season later this year.
Additionally, Finney, the independent phone maker with inbuilt crypto wallet from Sirin Labs, may take some smaller parts of the market by being closer to the crypto industry. As an example, Finney has teamed up with MyEtherWallet to simplify ETH transfers.”
Apple (still in stealth mode)
“Even if Apple might not be described as an electronic company, they will continue to be the biggest challenge for Samsung for the next 3-5 years. Apple will launch the blockchain solutions that Samsung are successful with. They will either IP protect alternative solutions or launch open source based solutions (which a lot of blockchain is based upon).”
Huawei, the next global brand
“In the 5+ year perspective, Huawei (Forbes 500: 61), will grow into a global powerhouse. China is extremely active in launching china-specific blockchain solutions worldwide and Huawei has a chance to take over Samsung’s smartphone dominance as the brand grows further.”
Any great invention from the past century has a history of some kind of patent war, but the digital age has accelerated this phenomenon. From the PC wars between Apple and Microsoft to the smartphone wars of the past decade, patents have been used for both offensive and defensive measures. It is clear as fortune 500 companies expand their patent holdings in blockchain technology, a new front of the patent war has been established and is clearly viewed as an avenue for longterm growth by successful companies.
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