[Product Concept] Introducing The Bitcoin Chip From Diginomics Corporation

[Paleus]

The Bitcoin Chip™
$295

Mobile Bitcoin Wallet On A SIM Card

The Bitcoin Chip is a full blockchain node running on a mobile SIM card which allows the user to store, receive, and authorize bitcoin payments.

The private key of the user is stored on this mobile storage device while allowing secure network connectivity through IPv6 communication protocol enabled by a hard fork of the original bitcoin ledger. This new, forked chain allows the user to not only communicate through a secure IPv6 protocol (not connected to the www “World Wide Web”) but acts through a virtual private network.

Several of the product benefits include:

• Secure identity authorization.
• Broadcast transactions and receive payment from a mobile device.
• Store information on the public blockchain which can only be decrypted by your private key.

The Bitcoin Chip comes in the form of a hardware wallet SIM Card which can easily be fitted to any modern smartphone. SMS-based text messaging and VoIP can be accessed on-chain by applications built ontop of the protocol layer.

Pre-order your bitcoin chip today: https://diginomics.com/2020/11/12/introducing-bitcoin-chip-from-diginomics-corporation/

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[Vod]

There's very little technical information.   It only mentions the network layer (v6) but not the physical layer - I assume 5G?

[Paleus]

There's very little technical information.   It only mentions the network layer (v6) but not the physical layer - I assume 5G?

5G would be of consideration although some of the details about this layer as well are still being released as well.

[Paleus]

We are looking to create a bitcoin hardware wallet for mobile devices. This would include a full-node as to not rely on a third-party service. However, we also want secure text-messaging and hopefully VoIP built as a feature.

I use the comparison of a SIM card for comparison purposes only - obviously it would need to be quite different in technical details.

One of the obvious considerations is that to have SMS (160 character) based communications, new features and perhaps OP_CODES would need to be enabled on the blockchain. This could potentially require a hard fork of the software.