Forget about bendable displays. A new breed of smartphones is hitting the shelves but their key characteristics are not visible at first. They are designed to secure the storage of crypto-currencies and tokens. They intend to ease crypto-payments and facilitate the management of virtual assets. And they are heavily based on blockchains to help foster the decentralization of our digital world. Will blockchain smartphones disrupt the phone industry?
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- Finney, the first blockchain smartphone, features flagship specs and price
- A beginner’s guide to blockchain smartphones
- Sirin Lab will launch world’s first blockchain smartphone
- Blockchain smartphone
- Buy world's 1st Blockchain smartphone with 2 operating systems at Rs 43,000
- Here come the first blockchain smartphones: What you need to know
- Samsung launches blockchain enabled KlaytnPhone
Finney, the first blockchain smartphone, features flagship specs and price
Blockchain technology is certainly the latest tech hype. Yet, developments in the fast-moving, forward-thinking mobile industry relating to blockchain technology have been steady. The new breed of smartphones is focused on high-quality cameras, unique design innovations like bendable phones, and retina display screens. However, if we rewind back in time for a moment, around the turn of the year there were a number of major companies producing mobile phones with built-in secure storage for crypto-currencies and tokens.
The blockchain industry is booming, but will blockchain smartphones disrupt the phone industry at large? The premise of blockchain mobile phones would offer users the opportunity to start using interconnected devices for easy and instantaneous data sharing on a secure network.
A Swiss-based phone company Sirin Labs is one of the few companies to focus on combining blockchain technology with smartphones. They stand as one of the industry leaders within mobile cybersecurity, offering an ultra-secure blockchain smartphone with embedded cold storage. The earlier models offered access to major coins like Bitcoin and Ethereum, which has since been updated on more recent models offering various other tokens as well.
Also, Samsung provides customers with decentralized apps, or Dapps, offering blockchain-powered applications that use their own tokens for payment, rewards, reviews, and various other functions. For the most part, blockchain-based technology is still in its infancy and there is much work to be done to fully-integrate and realise its full benefits.
Having said that, the early adopters already have access to smartphones that allow users to buy, sell, trade, store, purchase, and convert digital assets all within one phone. While this is exciting, it seems the technology used on current smartphones is fairly limited. The accessibility of cryptocurrency is excellent. But, thinking broadly, the benefits of a crypto-centric smartphone could evolve into a way for people to secure and control all their personal data, not just their digital assets.
The most linear direction for blockchain is to provide additional security and anti-theft capabilities to phone users. As the world becomes increasingly digitized, the value of mobile phones increases. Not just because phones are expensive, but the amount of personal data on them is quite staggering. The ability to purchase, manage money, access personal data and online personas, all from a hand-held device. Social recovery software allows users to access their data, even after their phone is lost.
The auto-lock functions that currently exist on smartphones aren't sufficient when it comes to personal data. If all mobile phones were inter-connected, then these kinds of security systems would be far easier and more efficient to operate.
Another issue that has come to light this year is the environmental impact of cryptocurrency, which is also relevant to smartphone manufacturers. The carbon footprint from producing mobile phones with plastic is an issue, coupled with the fact mobile phone companies roll out a new model at least once a year, amplifies the problem. Communication company Verizon was granted a patent to make virtual SIM cards using blockchain. Blockchain would encrypt user data and data would be fully digital.
Not only would this cut down on the necessity to create SIM cards using plastic, but it would add a layer of security if users had their data stored on it and could manage it from another location. There is certainly an argument that blockchain phones are overly expensive for the current market and until the technology is endorsed by big brands, the smaller companies like Sirin Labs simply cannot compete.
The cold-storage feature is very appealing, but companies like Ledger and Trezor have been doing this for years, so that product is already on the market. The major brands already offer crypto storage and payment services in the form of Apple Pay and Google Pay. The plan should be to use blockchain smartphones to provide access to the expansive Web3, which will feature Dapps, new social networks, games, NFTs, and seemingly anything else imaginable at this point.
The wheels are already in motion, with World Mobile agreeing a partnership with a company called Phore, which focuses on privacy and security.
Phore looks to launch a branded SIM card in the near future on the World Mobile network, enabling users to buy a SIM card with cryptos on a decentralized marketplace which will give access to a decentralized mobile network running on a separate blockchain.
The smartphone industry has such a low percentage entry point that it may be down to the big companies as to when we see dedicated-blockchain smartphones.
But, for now, it remains to be seen how things will evolve. One way or another, the benefits of blockchain technology will be recognized in the smartphone industry. Mark Weaden is a British researcher and crypto enthusiast, living in Barcelona. His work has been published on a variety of leading cryptocurrency sites. Want to read more amazign articles just like this one?
Sign up to our newsletter to get them delivered to your inbox once a week! Crypto-centric Smartphones The premise of blockchain mobile phones would offer users the opportunity to start using interconnected devices for easy and instantaneous data sharing on a secure network.
How Blockchain Smartphones Could Evolve The most linear direction for blockchain is to provide additional security and anti-theft capabilities to phone users.
Blockchain Smartphones are Inevitable There is certainly an argument that blockchain phones are overly expensive for the current market and until the technology is endorsed by big brands, the smaller companies like Sirin Labs simply cannot compete. Sign up to our Newsletter Want to read more amazign articles just like this one? Sign me up. Your experience on this site will be improved by allowing cookies. Allow cookies.
A beginner’s guide to blockchain smartphones
Unless you have been living under a rock, you know that blockchain has been one of the biggest tech-related buzzwords of the last year or so. But does it make sense to have native blockchain support on a smartphone? With at least three different companies hard at work on blockchain phones, it may be worth considering if blockchain will be an asset or a liability in the smartphone realm, and whether or not blockchain phones are poised to become the new norm. As I am sure you know, blockchain technology is based on the use of a decentralized ledger. The decentralized nature of blockchain means that there is no centralized data repository for a hacker to break into.
Sirin Lab will launch world’s first blockchain smartphone
Dixintong Technology Group, whose parent company, D. Phone, is one of the largest smartphone retailers in China, has entered the blockchain space by acquiring a minority stake in a U. The agreement was signed on Jan. The partnership between the two companies comes at a time when China is encouraging enterprise blockchain adoption as well as the development of emerging technologies. Started as a mobile phone retailer in , D. The parent company has made efforts to expand its businesses to other related industries. Stock prices skyrocketed for companies whose businesses are related to the new technology. The Chinese government is also rolling out 5G services in across the nation.
A Key step towards mass adoption is having crypto wallets that are both secure and easy to use. User information is safely kept on-device and protected from centralized cloud platforms that can violate privacy and security. Excited to be part of HTC's "crypto phone" team! Expect hardware within the phones to facilitate secure private key management, transparent gas payments when using Dapps and more. Like wallets of old, they are very personal and private: in them are our families, our personal identity, and our wealth.
Buy world's 1st Blockchain smartphone with 2 operating systems at Rs 43,000
HTC's announcement of its new Exodus S1 blockchain phone offered a potentially compelling smartphone for crypto fans to consider. But it's not the company's first such phone, nor is it the only phone of its kind on the market. In fact, the blockchain smartphone niche keeps expanding. So what exactly is a blockchain phone? Each device varies in terms of tech and capabilities, but they're all designed to put a stronger emphasis on blockchain, crypto, and decentralized applications than your average iPhone or Android handset. The most common feature is enhanced security to protect your cryptocurrency and private keys, while some let you run a full bitcoin node, or even mine crypto from your mobile device.
Here come the first blockchain smartphones: What you need to know
Subscriber Account active since. The difference is it will be designed to support blockchain-based distributed apps, a feature the company describes as "built-in secure hardware. Details, including price, are currently scant. The big-picture idea, says HTC, is that this is a phone for those who value privacy. By using blockchain tech, the Exodus will be able to give privacy-minded users control over their data without having to rely on the major technology companies for cloud storage.
Samsung launches blockchain enabled KlaytnPhone
In fact, the HTC Exodus essentially will be the cryptocurrency wallet. This means that cryptocurrency enthusiasts can keep their funds secure at all times by physically keeping hold of their phone. In concept, the HTC Exodus and other blockchain phones seem interesting, but how will they be perceived by the public? Can the already-struggling HTC really pull things back with future tech like cryptocurrency and what is their overall plan with the HTC Exodus?
At the beginning of there were no blockchain smartphones on the market. Just over a year later you could choose from five different phones, each of which is quite different from every other. An expert team conducts systematic, object-oriented and complete market research study to present the facts associated with any subject in the field of marketing via Blockchain Smartphones report. The report offers complete market analysis and forecasting, market definition, market drivers and market restraints, market share, market segmentation By Connectivity Wired, Wireless , Application Personal, Corporate , End User BFSI, Government, Retail, Travel and Hospitality, Transportation and Logistics and analysis of key players in the market. The competitive landscape section of the industry report brings into light a clear insight about the market share analysis of major industry players. LTD among other domestic and global players in the market, major collaborations, merger and acquisitions along with trending innovation and business policies are reviewed in this Blockchain Smartphones market report.
Background: Digital health technologies, including telemedicine, mobile health mHealth , and remote monitoring, are playing a greater role in medical practice. Safe and accurate management of medical information leads to the advancement of digital health, which in turn results in a number of beneficial effects. Furthermore, mHealth can help lower costs by facilitating the delivery of care and connecting people to their health care providers. Mobile apps help empower patients and health care providers to proactively address medical conditions through near real-time monitoring and treatment, regardless of the location of the patient or the health care provider. Additionally, mHealth data are stored in servers, and consequently, data management that prevents all forms of manipulation is crucial for both medical practice and clinical trials. Objective: The aim of this study was to develop and evaluate a tamper-resistant mHealth system using blockchain technology, which enables trusted and auditable computing using a decentralized network.
Blockchain technology is certainly the latest tech hype. Yet, developments in the fast-moving, forward-thinking mobile industry relating to blockchain technology have been steady. The new breed of smartphones is focused on high-quality cameras, unique design innovations like bendable phones, and retina display screens.