Newsletter: Microchip Wallet for Bitcoin & Apple China Data Migration Hoax

Newsletter: Microchip Wallet for Bitcoin & Apple China Data Migration Hoax

QUOTE OF THE DAY:

“Good, bad or indifferent, if you are not investing in new technology, you are going to be left behind.” ~ Philip Green

ARE THERE MICROCHIPPED BITCOIN WALLET IN FUTURE?

THE STORY

BiChip’s new update for its microchip implant lets you store Bitcoin (BTC) and Ripple (XRP)

HOW IS IT POSSIBLE?

Now with the technology advancement, you will be able to store you important ledger documentation and virtual cash under your skin. This will attenuate the risk of getting victimized by the hackers. Well, these embedded microchips sound unusual and abnormal in 2018. Even though the contactless payment system on its way, it seems impossible that BiChip and other advanced technologies like this could exist in the mainstream world in ten years or so.

See Also: Types Of Bitcoin Wallets You Can Use

Well, big fishes in the data industry have a long way to go and make customers trust them enough to carry microchip embedded in hand and actually be okay with that.

MoneyGram, a cash transfer firm told that the company was trailing Ripple to see whether they can use it to move funds especially internationally between accounts in an affordable and faster manner.

DON’T YOU THINK TECHNOLOGY IS CHANGING TOO FAST?

From basic phones to smartphones and from bank accounts to online transaction, from plastic money to virtual cash, technology has come a long way in a decade or so.

However, Microchips embedded in a human body still feels like an odd thing. Let’s see what next technology future has in its womb.


APPLE INFORMED ICLOUD CHINA DATA MIGRATION NOTICE WAS SENT BY MISTAKE

THE STORY

Apple acknowledged and apologized for its mistake of sending an email for iCloud China data migration.

WHAT HAPPENED?

A couple of days back, Apple announced that the company was dispensing operations of iCloud data services for customers in China to Guizhou-Cloud Big Data (GCBD). Therefore their data will be managed in mainland China. The change was an effort to follow local laws.

The change was only supposed to influence the customer in mainland China. However, some people outside China also got an email notifying that their iCloud data was affected and being migrated to GCBD. Apple has come forward and apologized for the mess.

According to sources, Apple stated, “We are very sorry that you received this email. This email was intended only for customers whose Apple ID country is China. A very small number of our customers whose Apple ID country is not China also received this email by mistake.”

apple icloud china

Image Credit: TechCrunch

Apple also sent an email informing the users that the emails were sent mistakenly. It also clarified that the data of the users whose Apple ID country is set to China would be migrated to GCBD servers.

WHY THE MIGRATION?

The tech giant has also announced that the process of migration will start next month. This step has been taken as according to a recent legislation, it is compulsory that the cloud services are operated by Chinese companies only.

Srishti Sisodia is a technical content journalist at Systweak Software. Apart from being a capable engineer, her affinity for inscription draws her towards writing interesting content about contemporary technologies and progressions. She is an avid reader and a fare connoisseur. She relishes different cuisines and when it comes to baking, she takes the cake!

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2 thoughts on “Newsletter: Microchip Wallet for Bitcoin & Apple China Data Migration Hoax”

    Follower of Yeshua January 24, 2018 at 8:17 am Revelation 13:15-17 “The second beast.. It also forced all people, great and small, rich and poor, free and slave, to receive a mark on their right hands or on their foreheads, so that they could not buy or sell unless they had the mark, which is the name of the beast or the number of its name.” Jesus died for you. He is the only Way.
    Reply
      Editorial Team Systweak January 24, 2018 at 3:18 pm Thank you for this interesting perspective on the news. Even if technology is the beast, we all have embraced it in some way or the other. We want to thank you again for taking interest in our work. Hope to hear more from you. Cheers!
      Reply

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