Mixin Network - Distributed cross-chain solution with built-in smart contracts

bambila (38)in #cryptocurrency • 6 years ago (edited)

Messenger with the ability to exchange and transfer money. Do you think this is impossible? Mixin decided to implement this idea.
The main goal of this project is to create a fully mobile ecosystem. If many other projects, consider mobile devices only as one of the components of their project, Mixin decided to turn the whole market and focus on mobile devices.
What will this give us?
This is one of the first projects that enables the creation of mobile master-nodes.

Let's talk about the prospects of this project and the sphere of mobile phones in General.

At the moment, we can observe an annual increase in the number of mobile phones and mobile network users. If in 2003, mobile phone users only slightly exceeded 1 billion people, at the moment this figure has increased by 5 times.
At the moment, mobile phones are the most common type of tools that people use. Why other blockchain projects did not pay attention to this area remains a mystery.

The sphere of mobile applications has created a whopping $42.3 billion in gross annual revenue, is expected to increase this figure to $51,7 billion , in 2020 the gross annual income will exceed $191 billion Despite the fact that the data of different researchers differ slightly, the General conclusion is that the market is far from saturated. The forecasts were confirmed that by the end of 2015, only 47% of the peoples owned smartphones. This shows that the widely discussed that the mobile revolution is just beginning.
As we can see from the above statistics, this area is still quite nascent and the maximum profit it has not shown. Therefore, we have the right to say that Mixin can capture part of the market and, at least, reach a billion capitalization.
Is it a good idea to run your messenger?

Many people believe that messengers act only as a means of communication between people in everyday life, but this is not the whole truth.
At the moment, there are many areas of business that are just beginning to implement messengers in their activities. For example, different spheres of business use messengers for:

Technical and information support of clients;
Content distribution;
Engaging users in interactions;
Perform various operations and actions;
Internal communication;
Analytics settings.

If we add to the developing market of mobile phones and applications, a cool and useful messenger, we will see a project that has all the chances to declare itself, among not only crypto projects, but also the entire IT sphere.

As for the security of this project, and the messenger in particular
They use end-to-end encryption. This technology has already shown its efficiency. What is the essence of this technology? With this method of encryption, only users who participate in the communication have access to the messages. Thus, the use of end-to-end encryption does not allow access to cryptographic keys by third parties.
This type of encryption is used in the acclaimed Telegram, as well as Signal Private Messenger, which received support from Edward Snowden.