Unlike diamonds , the real value of a Bitcoin in Blockchain ring not located on the Ring itself .
If the value of a diamond ring lies in its physical properties , the value of a Bitcoin ring back in Blockchain , Seb Neumayer - creator and also a doctorate in electrical engineering and computer science MIT properties such assertions . Neumayer said this means basically is nothing to worry if you lose this key ring because you absolutely can reprint another one .
Neumayer has previously created an application accompanied by his ring Bitcoin . He said that the basic idea is that anyone who can also scan the QR code on Bitcoin ring and know the value stored on that ring . Neumayer argue that a diamond ring can help flaunt one's wealth but do not actually disclose its sale price . With Bitcoin ring , everything is transparent and clear , anyone can scan the QR code printed on the rings of other people to know the hidden value of the ring is calculated by Bitcoin .
To avoid a ring can be used for many different gifts , each ring will contain inscriptions Blockchain own encrypted . Basically it's like digital engraving , allowing you to encrypt the message as the Bitcoin Blockchain to mark your ring with another ring . Therefore , if you make a mistake unfortunately rings for someone , they will recognize it immediately .
Instead of having to carry a bulky diamond ring on the hand and fat prey for robbers snatching the ring Bitcoin is a safe choice . If you accidentally lost the ring , you absolutely can reprint another one . If someone steals ring , why ? Do not worry because on the ring does not contain passwords to be used for Bitcoin .
