Status is using ethereum blockchain technology, which many claims to be superior to Bitcoin blockchain tech, to integrate applications beyond just financial transactions. Blockchain technology is going to provide us with countless new technological applications far beyond finance. DCNews will follow up Status wtih interest as to where they can take Ethereum blockchain tech. Carl Bennett Co-founder at Status.im introduces us to Status.
Status combines a messenger and a browser, to build a gateway for everyday smartphone users to begin using ÐApps, and a simple way for ÐApp developers to reach new users. In 2016, we are still only at the dawn of the Ethereum ecosystem. But given time, Status will evolve into a seamless way to interface with a full suite of decentralized applications and services.
Our mission is to lower the barriers to entry on Ethereum. Not only will this create a more valuable ÐApp ecosystem, but also facilitate the transition to a more open internet.
The Evolution of Status
Although we haven’t made any public announcements until recently, it was a little over 18 months ago that we began porting the Ethereum Java implementation to Android (thanks to the foundation through a Ðevgrantwe were awarded for this — successfully completed prior to Devcon1).
Our original idea was to create a mobile ÐApp browser, but as we began observing our own behaviours on our smartphones, and analysing industry trends we took a different approach at the beginning of 2016.
We’ve since grown to a team of eight headquartered in Singapore, and the product has evolved significantly. We’re now running a full implementation of Go Ethereum, with the light client and Whisper protocols enabled.
It became clear that if we wanted to build a platform for users to interact with smart contracts, it would need to be social. Humans are social creatures, and Ethereum is a social technology.
If you want to get a glimpse at where mobile user experience is heading, one can turn to China. In the largest market by device volume, 36% of all time spent on smartphones is spent inside instant messaging applications.
In both the US, and globally, messaging applications now boast even more active users than social networks.
Hence, Status has a focus on messaging and chats. After all, when was the last time you signed an agreement without some social interaction around it beforehand?”