If you more or less actively use cryptocurrency, you have probably heard about blockchain smartphones. These handsets were created specifically for processing blockchain transactions, securely storing crypto assets, and also opposing the current state of affairs when information is stored on corporations’ servers.
The technologies used in such smartphones are quite new and far from clear understanding by users, especially not tech savvy ones. To grasp them a bit better, let’s take as an example a device called IMpulse K1 smartphone whose deliveries are scheduled for September 2019.
Being not the first ever blockchain mobile phone, IMpulse K1 will have to compete with similar phones by Samsung, HTC and Sirin Labs. However, the technologies applied by this handset give it a lot of points ahead on its way to user attention.
So what are these solutions?
1) Voice Over Blockchain Protocol (VOBP). It allows users to communicate fully encrypted. All data – documents, text and voice messages – are sent p2p and end-to-end enciphered, thereby minimizing any third-party intervention;
2) IPFS platform which allows data to be saved and enciphered through decentralized storage based on blockchain technology;
3) Electronic Warfare Transmitted Location (EWTL) set to protect user privacy related to his/her location. The service uses a special military technology to share and reveal whereabouts;
4) The Worm Guard technology which creates a protective shield around the user’s private key, so that it cannot be stolen or lost;
5) Specially designed CryptoData OS that offers a user-friendly interface with IOS and Android applications available to be installed.
The handset allows the user to create several fiat and cryptocurrency wallets on the same device with every wallet to be assigned to one identity, set up automatic payments and use multiple phone numbers without changing SIM cards.
On the official website of the IMpulse K1 Phone, one can find specifications, as well as a description of three varieties made from gold, aluminum, carbon or titanium, depending on the model chosen.
It is worth saying that the IMpulse K1 Phone is one of the hardware solutions built around KaratGold Coin (KBC). This coin is freely convertible into physical gold and acceptable by those online-vendors who implement software specially designed by the team behind KBC (a piece of code named K-Merchant enables one-click-payments for goods and services around the globe).
Summing up the above, in September 2019 we will be able to check out a new crypto-oriented device, superior to conventional handsets in terms of security. Considering the growing Bitcoin rate these days, the cost spent on this device can pay off many times for those who actively use cryptocurrency.