The first wave of crypto-focused smartphones from big players like Samsung is a small step toward a decentralized web.
The crypto world is full of buzzwords, but if you can peel away the marketing fluff, you sometimes find innovation beneath the surface. You are often also reminded just how early it is in the history of this technology. Case in point: the blockchain phone.
All of a sudden, several crypto-focused handsets are hitting the market, or will soon. The biggest player in the new game is Samsung, which confirmed this month that the Galaxy S10 will include a secure storage system for cryptocurrency private keys. It joins HTC, which for months has been touting the Exodus 1; Sirin Labs, which used proceeds from a huge ICO to build the Finney; and Electroneum, which this week began selling an $80 Android phone that can mine cryptocurrency.
Continue reading… “What the hell is a blockchain phone—and do I need one?”