Borqs Technologies, Inc. (Nasdaq: BRQS), a global leader in IoT software, products and cloud solutions, today announced the creation of Blacture with Grammy and Emmy Award-winning artist and humanitarian Pras Michel The company is partnering to launch the first blockchain smartphone (MOTIF) for the US market, which will be user-centric and allow users to receive cash rewards in the use of software applications.
MOTIF smartphones use state-of-the-art hardware and software, as well as a built-in token rewards program that allows users to earn money when they use the smartphone to shop online, share data, and provide products and services to the community. Rewards earned by the user will be properly stored in a secure digital wallet in the form of tokens. Tokens have a corresponding dollar value, and by using them with the debit card that comes with this phone, users can trade online and offline.
Pras Michel, founder of Blacture, said: “Everyone is using a mobile phone. We want to find the best technology solution that can improve people's lives. This is the original intention of our smartphone. It is the first culture-based design intelligence. The mobile phone is also the first smartphone to really give back to the user with tokens."
The 5.99-inch, dual-SIM Android branded smartphone MOTIF will be available in 2018, and will be exclusively available on blacture.com, a diversified technology platform that promotes a new era of pop culture. The phone is also the first smartphone in the US based on a blockchain platform. The smartphone features a Qualcomm SD450 eight-core processor with full HD screen, 16 megapixel camera, fingerprint sensor, wireless charging and NFC capabilities. In addition, the Blacture blockchain smartphone will be pre-installed with a live chat platform with a default black emoticon pack.
George Thangadurai, Executive Vice President and President of International Business, said: "We are very pleased to work with Pras Michel and develop this blockchain smartphone based on the Blacture platform and put it into commercial use. Borqs has a network deployment for different operators. Ultra-high-quality, proven and innovative technology. Through this partnership, we not only lead the product to the market, but also realize the unique user authorization experience through the Blacture platform. We are very grateful to Pras Michel for the broadcast. Provided such a cooperation opportunity."
Pras Michel said: "Bush is one of the fastest growing Internet of Things and smartphone companies in the world. Working with Borqs will help Blacture and Pras Michel to develop this smartphone more easily. We believe that Borqs will help us Users provide equipment solutions with high quality assurance."
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