Tuesday, July 31, 2018

How will Blockchain-enabled Smartphones Impact the Growth of Cryptocurrencies?

Colleagues, Sirin Labs, CryptoKitties and HTC have all announced plans to launch smartphones with Blockchain capabilities on-board. Some of these phones will have DAPPS and allow offline storage of cryptocurrencies which is a key step toward improved crypto security. This leads to two critical questions. First, will the smartphone market leaders Apple and Samsung follow suit and pre-integrate Blockchain into future versions of their smartphones? And second, what will be the number and breadth of cryptocurrencies which can be managed by these phones – this includes wallet, trading-exchange and perhaps even pre-integrated mining capabilities? We know that the HTC Exodus phone will be enabled to manage both Bitcoin and Ethereum. An excellent start. The other key player here is Google Android. If the Sirin, CryptoKitties and HTC phones gain market traction the Cryptocurrency Academy predicts that other Android device-based vendors will heavily lobby Google for Blockchain capabilities integrated on-board with Android. Collectively, this move could be a major catalyst for cryptocurrency adoption during the next 12-24 months. Send us your comments today! Lawrence – Cryptocurrency Academy (https://cryptocurrencyacademy.blogspot.com/)  

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