ioeX And ThinkSmart’s WUUBE To Introduce First Blockchain-Powered TV In August

IoeX To Introduce First Blockchain-Powered TV In August

ioeX has extended its collaboration with QUUBE, a subsidiary of ThinkSmart. The two entities first agreed to work together in January. IoeX would integrate QUUBE software into their blockchain network to produce QuuMoney TV, the world’s first blockchain-powered television line.

Starting from Q3 2019, JVC Smart TVs will feature the QUUBE software. The first regions to receive this product will be North America, Western Europe, Japan, Korea, and China.

QuuMoney TV is based on the latest version of the Android TV operating system Android 9.0. Users of this TV will have access to unique content that earns them the Quu Coin. Besides, they will get IOEX rewards for participating in the ioeX network. Quu Coin can be used in paying for a monthly subscription as well as buying TV content. It will also be available for trade in supporting exchange platforms.

Aryan Hung, the CEO, and founder of IoeX, their partnership with QUUBE will assist the network in attaining the resources needed in developing smart lifestyles. He added that the two companies intend to subtly implement blockchain technology into daily livelihoods in a way that benefits their consumers.

Richard Houng, the CEO of QUUBE, said that his company and IoeX will introduce the world’s pioneering blockchain-powered TV with DApps in the US as from August this year. Richard also expressed belief in the aptitude of the IoeX team and concluded by showing his confidence in the partnership.

Features Of The QuuMoney TV

As expected, the QuuMoney TV will several unique features. The following are the standouts.

  • QuuShare – allows users to use the TV as a cloud storage mechanism. This means that such data can be accessed remotely.
  • QuuChat – enables users to chat privately without any intermediaries through fast and secure channels.
  • QuuMoney TV – a content-sharing platform on which users can buy or sell their creations.

In addition, IoeX will integrate the DID functions of Elastos into QuuMoney TVs. This solution has previously been used in securing login credentials as well as private data in a voting system belonging to a leading political party in Korea. DID is one of the many DApps built on Elastos by the ioeX team, which has pledged to release regular updates for QUUBE TV.

Partnering with Leading Brands

Ultimately, the ioeX network aims to provide a myriad of smart DApps to enable its users to enjoy the advantages of blockchain technology. This is the reason why the company is forging partnerships with leading brands that manufacture smart appliances.

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