The latest craze to hit the crypto industry is the blockchain phone. These phones operate around the concept of decentralization. However, there are still many questions around the phones such as what is a blockchain phone?
What is a blockchain phone?
It is common knowledge that the internet is not really decentralized. Furthermore, we don’t own our own info; it belongs to several companies who monetize the information. These companies make money from targeted advertising and by selling insights. The digital property does not belong to the user. This is where blockchain comes in. Blockchain is a decentralized ledger that lists transactions or blocks, which are distributed across a network of nodes. A blockchain is not kept on a central server. Therefore the blockchain gives every user their own private keys and public keys. These keys are vital for sending and receiving cryptocurrencies and act as a digital signature. As a result, transactions are verified by the network and added onto the blockchain where the info cannot be tampered with.
Now, imagine having this on your smartphone. Having a blockchain phone means that you are in possession of your own keys and also your data. So, neither Google or Apple can get hold of any of your data. At the same time, it is still an Android phone and users can enjoy the same products. The biggest difference is that you are protected from any insecurities posed by the Android system.
To sum it up, a blockchain phone allows users to store cryptos and perform transactions. It also protects your digital data and identity since it cannot be copied. It’s a way for the consumer to reclaim their digital content from songs to videos without irritating target advertising.
What if I lose my phone?
As is the case when downloading any wallet such as Exodus or Luno, one has to back up your private keys. Print them out, write them down and keep them safe. Should something happen like your phone gets stolen or you lose it, you can still access your wallet using the private keys.
With regards to making a backup of your info on the phone such as contacts, music, etc, various brands of blockchain phones come with their own security features that allow you to back up your data.
Get the Sirin Finney blockchain phone today
The Sirin Finney blockchain phone is the leading blockchain smartphone on the market. It comes with a secure built-in cold storage crypto wallet that is installed as a second screen on the phone aka the Safe Screen. It is easy to access since one simply has to slide the wallet open with your finger. With regards to security, the phone features the Sirin OS security system that entails a Security Suite Layer. The phone comes standard with several built-in cybersecurity and blockchain features. The Finney has a cyber threat protection suite and Token Conversion Service (TCS). This allows one to easily convert one cryptocurrency into other cryptocurrencies on a secure platform. It is truly a state-of-the-art secure blockchain smartphone in comparison to other phones!
Sirin Labs has partnered with the likes of Foxconn to develop the Finney blockchain smartphone. Foxx also developed phones for Apple. What stands out is that calls and emails are encrypted. The phone features a 12MP camera, 128GB built-in storage, it can run regular Android Apps as well as dApps (Decentralized Apps).
Other unique features:
- Qualcomm Snapdragon 845 processor
- 6GB RAM
- 6-inch screen
- Built-in fingerprint sensor
- Metal frame
- Back of phone is made of Gorilla Glass