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New Tech & Disruptive Technologies

Which blockchain-smartphone will win the race?

Blockchain technology on your phone should make mobile calling safer and will act as a wallet for cryptocurrencies. The first devices are being produced in Taiwan and Israel.

07 Jun. 2018 Isabelle Reiff
Source: HTC
Source: HTC

It could turn into a head-to-head race: Finney Smartphone should be available from October and will go on sale for 999 US dollars. It was developed by Israeli blockchain-startup Sirin Labs in collaboration with Taiwanese electronics giants Foxconn. The technology should open up digital money for the mass market, since it so easy to integrate that even laypeople have no problem handling cryptocurrencies.

HTC is aiming more towards industry insiders. The smartphone manufacturer is also based in Taiwan and is currently working on a blockchain phone: The HTC Exodus will not only supply the functions of a wallet and make data more secure, but also serve as a node in the network of blockchain-based applications.

Sirin is also launching a blockchain all-in-one-PC onto the market. The Finney PC will cost 799 US dollars. Both devices also support P2P-rescource sharing via Sirin Labs Resource Sharing Protocol and Cloud services. Company-own DApps have also been designed for PC and smartphone; these are decentralized apps based on the open source principle.

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