Get ready for the age of blockchain smartphones ☎️

in #technology2 years ago (edited)

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It was always a matter of time before dedicated crypto wallets found their way onto smartphones but for now there are only a few companies competing for this space. Let's take a look at the two leaders, Sirin Labs Finney & HTC Exodus 1 both of whom have just released their products so that we can all rush out and buy them as christmas presents.

At $999 for the Finney and $960 for the Exodus these are unlikely to be on my shopping list this year.

Finney

Sirin Labs have provided us with a cold storage wallet packaged within a unique looking phone with double screen functionality.

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As the first company to announce their concept they were able to raise $157.8 million for their ICO and the hype has been growing ever since.

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Sirin OS

The dedicated blockchain operating system is built on top of Android so that users may have a familiar experience while benefiting from the extra security.

Finney also provides a crypto conversion service which eliminates the need for external exchanges.

The exterior is impressive, sleek and metallic.

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Available in three colours.

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And I must admit... I want one.

Exodus 1

HTC have also taken a unique approach to their design.

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At first this image confused me... does the phone actually look like this?

Yes it does.

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Turn it around however and it looks pretty much like any other HTC.

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Unlike the Finney, the Exodus 1 does not have a cold storage wallet to keep your assets disconnected from the internet. Instead they have tried to find middle ground between the inconvenience of cold storage and the risks of centralised markets.

They use a quarantined section of ARM-based processors called TrustZone where your cryptocurrency keys are stored. This is Android’s answer to the Secure Enclave which keeps biometric info from Face ID & Touch ID safe on the iPhone.

That should make it safer than, say, a software-based wallet, which would be hypothetically more vulnerable to broader attacks on the Android operating system. Wired

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I am less impressed by HTC's offering but they are at least the first of the big players to take on this arena and could do a lot to increase public awareness and trust in blockchain technology.

Amongst the other contenders for this new marketplace is the SikurPhone which has a custom operating system and Sony-designed hardware.

More will doubtless follow on their heels.

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Who is @samstonehill?

He was a London based filmmaker until he sold everything and set out on a barefoot journey around the world, currently based in the south of France.

He is travelling with his partner & two children and with no bank account he has been living on STEEM & crypto for over a year.

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And to think we are still only scratching the surface... if anyone out there still thinks crypto will not be the future, they are not asleep, they are in coma.

Well said! If you don't mind I am going to borrow you words for my FB version of this post. Where most of my followers are in a coma ;)

You are lucky my friend, on FB mine are dead... or zombified. I don’t know what is worse... you are free to use it of course.

They look GOOD but no way am.i spending that much on a phone.. eek. Thanks for letting us know about them anyway!

Posted using Partiko Android

You and me both! Nutty price. For now they are reserved for those who sold their crypto when BTC was at 20,000!

But it is at least interesting to see what is happening in this marketplace...

This is such a relevant article @samstonehill. I think everyone involved in cryptocurrency and blockchain technology should read this. Thank you for your service..

Assuming we are rich ;)

It is useful to know this but I don't think too many people are going to be buying them yet...

The price will come down in a few years.

That's a valid point. I think the competition will have something to Do about that..

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