A smartphone to secure cryptocurrencies was launched on Tuesday.
At the Mobile World Congress (MWC) in Barcelona, ​​Spain, German network security company Sikur launched the S$799 SIKURPhone.
Key features include a 5.5-inch HD screen and a 13 megapixel rear camera.
But the most prominent feature of this phone is the built-in cryptocurrency wallet. This wallet is a software that can place cryptocurrencies.
The security of cryptocurrency transactions and wallets are the focus of recent times. In a recent case, hackers have stolen more than $500 million in cryptocurrencies from Coincheck, the Japanese cryptocurrency trading platform.
According to data from the Coinmarketcap.com website, the market value of the cryptocurrency market has exploded to more than $4.6 billion, compared to $21.4 billion a year ago.
Sikur said the company invited professional hackers to attack their phones for testing. After two months of rigorous testing, the hacker could not get any data.
“At the end of the second quarter of 2018, we will launch an encryption wallet on the platform to extend the use of the wallet beyond the SIKURPhone handset, which means that our customers can safely store their cryptocurrencies through a physical device. CrisTIano Lop, CEO of Sikur, told CNBC.
The SIKURPhone phone will be pre-sold on February 27th for $799, and the first phones will be delivered in August 2018. Only 20,000 mobile phones are available at this price.
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