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First Blockchain Smartphone to be Introduced

As I mentioned in a previous post, the blockchain technology that powers cryptocurrencies like Bitcoin and Litecoin is going to impact many areas of our lives.  One example is the recently announced so-called blockchain smartphone from Sirin Labs.

The price point is right up there with the recently announced iPhone X, but with features that appeal to those in the crypto community.

Engadget shares the details of the announcement:

Sirin Labs, is now developing an open-source model that runs on a fee-less blockchain. The Finney — named in honor of bitcoin pioneer Hal Finney — will be the only smartphone in the world that’s fully secure and safe enough to hold cryptographic coins.

And it’ll all run on a Sirin operating system specially designed to support blockchain applications such as crypto wallets and secure exchange access.

The phone comes with all the bells and whistles you’d expect from a device with a $1,000 (£740) price tag, including a 256GB internal memory and 16MP camera, plus a hefty suite of security measures. A behavioral-based intrusion prevention system, physical security switch and blockchain-based tamper proof feature mean that, in theory, it’s going to take considerable effort to hack.

Interesting concept, but it remains to be seen if the “crypto market” is big enough to support such a revolutionary product at this time.  I am sure eventually that many of these features will come standard on smartphones.  You can read the full article at:

https://www.engadget.com

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