Friday, 27 April 2018

MOBILE FACTORY, OUTLINE AND FUTURE PROSPECTS OF BLOCKCHAIN BUSINESS

- Browser & wallet service and platform concept -

TOKYO, April 25 (Bernama-BUSINESS WIRE) -- Mobile Factory, Inc. (Hereinafter “Mobile Factory”, Headquarters: Shinagawa-ku, Tokyo, CEO: Yuji Miyajima) (TOKYO: 3912) announced its start of development of "blockchain related services" in the financial results of January 19th, 2018. We inform you of the outline and future prospects of this project.

 
This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20180424005084/en/


Outline of “Blockchain Related Services”

Regarding the “blockchain related services” that Mobile Factory has started development on, announced in the financial results of January 19th, 2018, there are currently preparations being made for a three phase release, and Research and Development (R&D) is progressing.

  1. Mobile compatible browser with cryptocurrency wallet, tentatively named “pochi”
    Scheduled to be released around the summer of 2018.
  2. Application Platform, tentatively named “uniqys”
    Started R&D. Currently preparing to fulfill compliance requirements.
  3. Game on “uniqys”
    Scheduled to be released simultaneously with “uniqys”
Background of the Start of "Blockchain Related Services"

At the beginning of R&D blockchain related services, we planned to enter the "game field", which is our company’s greatest strength, but as a result of researching multiple games that were already released on blockchain platforms, represented by Ethereum, the following issues (*1) were found.

  • Per-transaction fee is too high
  • Most of the games were not designed to operate in a mobile environment such as smartphones
  • High barriers to developer entry due to factors such as building the development environment and learning unique programming languages
Therefore, in the game we are promoting R&D of, we believed that removing the above issues as much as possible will lead to satisfaction of users, and we decided to start R&D of not only games, but also application platform and mobile compatible browser with cryptocurrency wallet. 

http://mrem.bernama.com/viewsm.php?idm=31763

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