News
Rumors about Samsung 25x optical zoom Galaxy phone might come true as the company plans to acquire Corephotonics
Smartphone cameras have become favorites for many people as it gets better with the introduction of new technologies and upgrades. It is therefore not shocking the camera market has greatly decreased with unstable sales in recent times. However, smartphone cameras lack one crucial feature that is usually found in cameras which is the optical zoom.
As taking technology advances, 2019 could see smartphones have such modification as reports show that Samsung has almost finalized talks with the Israeli company, Corephotonics to buy the company this year. Corephotonics is a company that specializes in optical designs and news buzzing around indicates that there might be a 25x optical zoom in the pipeline.
Looking back to 2012’s Galaxy Camera, trailed by the 2014 continuation, neither of which appeared well and made sense – yet it’s in the Samsung’s Galaxy phones that the company has genuinely begun to succeed. For instance, Galaxy S9 plus has an excellent camera unit. Admittedly, the company has a long history with cameras and phones, together with different attempts to merge the two into one.
Phone companies normally digitalize zoom in their phones which is in the form of just cropping into the image to provide a zoom impression. But then, the digitalized zoom is limited with how it works as it is quite impossible to resolve distant detail without an optical resolution. Some companies have tried in a small way to solve this issues example is the 3x zoom in the Huawei P20 Pro, which is currently seen as the best solution.
It appears a lot more is yet to come. Recently, Oppo mentioned that they are working on a 5x optical zoom module, with a 10x zoom projected after. One uncertain thing is whether Oppo is getting these optical designs from Corephotonics or not. Nevertheless, if Samsung which is one of the largest and most respected phone brands in the world, can step ahead of Oppo with a 25x optical zoom module then that would make the headlines and set the company top of its competitors. Also, Samsung can use that feature to beat the camera market in general.
We all await the outcomes of the deal and its possibility regarding what it really for your future handset as there have been no verifications on the reports yet. In any case, it will be so great to see a 25x optical zoom for the next Galaxy phone.
Bitcoin
Central African Republic Becomes First African Country To Adopt Bitcoin As Legal Tender
The new bill provides a framework for use of cryptocurrencies in smart contracts, payments systems, online trade, and all electronic transactions alongside the CFA franc currency.
Bitcoin continued to garner attention globally as a national legal tender with Central African Republic becoming the latest suitor. President Faustin-Archange Touadéra signed the bill into law on Wednesday and his chief of staff Obed Namsio hailed the move as one that could forever change the economic fabric of a country that has been embroiled in rebel violence for many years now.
Namsio said the bill was supported by the president because it would improve the citizens’ status. He added it would open up new economic opportunities for the landlocked country. The new bill provides a framework for use of cryptocurrencies in smart contracts, payments systems, online trade, and all electronic transactions alongside the CFA franc currency.
“This move places the Central African Republic on the map of the world’s boldest and most visionary countries,” he said.
Traders will also be capable of paying taxes with crypto and the finance minister Gourna Zacko who introduced the bill, believes it will ease cross-border transfers that have become increasingly difficult to do. These transfers will now become very cheap. Citizens will also be capable of undertaking legal financial transactions in the mainstream financial realms using crypto, and without necessarily going through middlemen banks. Cryptocurrency exchanges will not be taxed.
The bill has clauses that prescribe up to 20 years of imprisonment and a fine of between 100 million to 1 billion CFA francs for anyone who breaks the crypto law.
With a per capita income of only 750 USD per year, the country is one of the poorest in the region and world as a result of years of conflicts and war. This is despite having a vast amount of gold and diamond reserves.
The country would, however, have to pursue an aggressive Internet coverage agenda to make this plan effective. It currently has an Internet penetration rate of just 7.1 percent and 355,000 Internet users out of a total population of 4.97 million people.
It is not clear if and how the new move would help alleviate the country’s ailing inflation or GDP. Inflation has increased from 2.7 percent in 2019 to 3.3 in 2021. The country’s GDP also flipped to the negative last year at -0.6 from a 3.1 in 2019. Despite relying heavily on agriculture and mining, illegal gold and diamond exports undermine government revenue. The country is also embroiled in bad political and economic decisions, conflicts, and insecurity.
The bill that governs use of cryptocurrency as legal tender in the country was unanimously adopted by the parliament last week. However, the move was not approved by the Bank of Central African States (BEAC) which governs the Central African CFA franc regional currency used by the country and about 14 others. The franc is tied to the Euro and largely controlled by the West. Two ministers said the move to adopt Bitcoin as a national currency was a serious offense.
The move was also criticized by former Prime Minister Martin Ziguele who said it was not a priority for the country, and that it was undermining the CFA franc. The decision could also be challenged in court by some legislators.
Cryptocurrency
Cardano’s Charles Hoskinson wants to work with Elon Musk to develop a decentralized social media platform
The Founder of Cardano (ADA) has invited Tesla owner and billionaire, Elon Musk, to work with him in developing the first decentralized social media platform. Charles Hoskinson, who also doubles up as the CEO of Input-Output Global is offering to help Elon Musk achieve his goal of free speech on social media.
The news follows Elon Musk’s acquisition of a stake in Twitter last week. The Billionaire bought 9.2% of Twitter, estimated at $2.89 Billion, and was even offered a seat on the micro-blogging site’s board. However, after deliberations, Elon passed on the offer since it would bar him from owning beyond a certain threshold of Twitter’s shares.
Free speech advocate
Elon Musk is on record for being a passionate supporter of free speech and open internet policies. He has in the past openly accused Twitter of muzzling free speech and open internet use. He recently held a poll that indicated that most users would prefer an edit button on Twitter and said that if he is not allowed to acquire the platform, he would have to reconsider his position as a major shareholder of Twitter.
To actualize this cause, he has offered to acquire the platform for a reported fee of $43 Billion in cash. This intended acquisition has left his critics and supporters talking and would go a long way in helping him bring much-needed changes to Twitter. His intention has however come under fire with his critics, including Dogecoin co-founder, Jackson Palmer saying that Elon Musk is planning a hostile takeover of Twitter.
Hoskinson’s offer to Elon Musk
Upon seeing the opposition against Elon Musk’s plan, Hoskinson wooed Elon to join him in creating a decentralized social media platform. He tweeted:
“@Elon if Twitter rejects your offer, then hit me up. Happy to build a decentralized one.”
This offer follows Elon Musk’s Twitter poll where he sought the opinion of his 80 million followers about a decentralized social media platform. He posited that were he to be barred from acquiring Twitter, he would establish his decentralized platform that would be founded on free speech and open internet.
Elon Musk’s campaign for free speech and open internet has not been welcomed by all. Some of his critics have argued that coating his move with good intentions, his true intention is to get revenge against the SEC for muzzling his Twitter activities.
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