The bitcoin boom, as well as its fall and instability, together with the blockchain explosion that is allowing other cryptocurrencies to begin to emerge, are causing more and more people to become interested in this sector.
Although it has been shown that the profitability of mining bitcoins is a utopia, every day we see news regarding the world of cryptocurrencies and everything that surrounds them.
Thanks to this, some companies are looking to enter and be part of this world.
Many companies have taken initiative in designing mobile phones with block technology and here’s what you need to know about them.
Sirin labs made the first smartphone to store cryptocurrencies and named it Finney.
It has a decentralized application center thus preventing centralized backbone and having independent block networks with other Finney devices.
They even have their own conversion service.
The labs claim their phone to be the safest technology for storing cryptocurrencies due to various features like a physical security switch for wallet protection
Shield OS: Shield OS is an Android fork in the Finney, that comes with a blockchain supporting platform known as ‘Sirin Labs Cyber Protection Suite.
These blockchains applications include crypto wallets enabling a safe temper free exchange of cryptocurrencies (Secure P2P sharing), encoded communication tools, tamper-proof verification, text and secure emails, biometric authentication, and an intrusion prevention system based on behavior to protect the device against possible attacks.
Specifications: It has 5.2-inch multi-touch safe screen with minimal frames, a resolution of 2,560 x 1,440 pixels, 8GB of RAM and 128 GB of internal storage and a memory card slot, plus a 12-megapixel main camera and the other 8-megapixel selfie camera with wide-angle lens.
SRN tokens: Those who wish to acquire either the smartphone or the computer will need SRN tokens, which will be the default cryptocurrency of the Finney blockchain network, that is, no cash or credit cards, although it is mentioned that there will be an option to acquire it through of bitcoins.
SRN will be the best of Sirin Labs to enter this world, and its devices seek to be the tools to guarantee the survival of this cryptocurrency.
That, in the end, is a long-term bet for the company, beyond the sale of devices.
For the lovers of cryptocurrency who are worried about the security, Finney is the perfect wallet.
The smartphone has a 999$ price which is quite fair for mobile with such features.
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Finny maybe the first one to introduce the blockchain technology in mobile phones but it is definitely not the last one.
Soon after the launch of finny, HTC announced that they are introducing their own blockchain phone known as HTC exodus.
This phone is focused on the facilitation of management of cryptocurrencies for the users in a simple and easy way
Protected by TEE: This block phone is designed to provide its users as safe experience as possible.
The trusted execution environment protects the phone from any possibility of malware.
Private vault: The all in one vault makes managing of crypto assets as easy as slicing a cake.
Keys: Keep your information safe and prevent it from getting in wrong hands by having all the keys to yourself.
It doesn’t require any sign in information so you don’t need to provide your personal information to anyone.
Recovery options: If your phone is lost, you don’t need to worry as your key is recoverable via the help of your trusted contacts.
Compatibility: This phone let you secure all the type of cryptocurrency not just bitcoin, instead you can secure others like Litecoin and Ethereum as well.
Specifications: It has a 6.0 inches quad HD+ display with 12mp and 16mp main camera and a dual front camera of 8+8 MP with natural bokeh.
It has a single Nano sim slot with 4G LTE. The storage is 128GB and 6GB RAM.
In short, if you own HTC Exodus, it will have its own universal wallet with hardware-based encryption, that will be unique for each device since the goal is to have a secure device to operate cryptocurrency and decentralized applications (DApps).
Pundi X is the company behind the XPhone, the device that presents itself as the first smartphone with blockchain technology. What does it consist of?
Basically, it is a rather simple and thick terminal but with an operating system based on modified Android to take advantage of the decentralized protocol and to be able to make both calls and send messages through this type of networks.
Independent: This device does not depend on any mobile operator to operate since it puts itself in contact with other terminals through its own chain of blocks.
What does this imply? That unlike other traditional phones that need a mobile operator, XPhone can operate independently with its own network
Dual Mode: This phone has blockchain mode and traditional mode.
This implies that being based on Android 9.0, it is possible to run any application that exists on Google Play or that the developers of apps easily create so that they work inside the phone.
For now, with the information disclosed, it will be necessary to use Wi-Fi to connect the phone to the network.
Even so, by changing the form of data transmission, we would obtain a communication protocol of our own: totally private and free.
In short, a communication protocol free of censorship would be possible.
Due to all these reasons, Function X OS can be one of the biggest revolutions in telecommunications since the creation of the Internet.