Blockchain technology has advanced and evolved to bring about many opportunities for healthcare, finance, the Internet of Things, supply chain, entertainment, etc. The Internet of Things(IoT) is growing as people adopt the idea of interconnected devices to transfer and share data easily. This sector has grown to be inclusive of blockchain smartphones. Smartphones have become part and parcel of our everyday lives. In fact, according to Statista data, about six billion of the world’s population currently uses smartphones. Due to the increasing smartphone demand, companies are constantly launching new products and marketing their existing ones to counter the competition from other manufacturers. Today, smartphones can do almost anything, and it was inevitable that blockchain and cryptocurrency applications found their way into these devices. What is a Blockchain Smartphone? A blockchain smartphone is a device specifically created to ensure cryptocurrencies’ safe storage and transfer. With blockchain smartphones, holders can protect their crypto with an in-built hardware wallet. This wallet works similarly to an offline digital safe, which means that it can store and retrieve private information. Despite the relatively insignificant importance of this other issue, data privacy is still an essential issue in today’s society. With blockchain technology, it’s our best hope to address this issue. With hardware wallets, users can keep ...
