Crypto smartphone? The Web 3 smartphone to improve crypto on the go!
Solana believes in the democratization of blockchain. Very recently they announced the launch of Saga, their version of an Android web3 focused smartphone. The Web 3 smartphone and their Solana browser will allow users to create secure Ethereum wallets, view transactions in real-time and participate in ICOs on the go. Solana is a web browser that runs on blockchain to drive decentralization.
The goal of Saga is to provide a digital asset product service that allows users to easily interact with their crypto via their smartphone instead of having to use a laptop for the browser functions. Sola also announced the launch of the Solana Mobile Stack (SMS) which is a web3 layer specific to Solana that is built into the phone.
SMS will include a range of products that include seed vault, a custody solution, Solana pay specifically for Android through a dApp and a mobile wallet adapter. These features will allow developers to create a new type of mobile experience. Like the new iPhones, the device will have 512GB of storage and a 6.67-inch OLED display for a price tag of $1,000. It is projected to be available in early 2023 with pre-orders available.
(Image source: Solana)
The launch of Saga by Solana could catapult Solana into the league of big tech, rubbing shoulders with the likes of Samsung and Apple. It will allow Solsna to move out of its current cryptocentric positions, into more mainstream positions with access to wider markets and a larger pool of consumers. The company is focused on bringing and increasing the amount of access to web3 options to smartphone devices. Doing so will help them increase their reach and ecosystem while merging two worlds seamlessly.
Web 3 was originally the brainchild of Ethereum founder Vitalik Buterin and describes a world where ordinary people will be able to use decentralized apps without having to know how blockchains work, at all. These apps will be super secure because all data will be encrypted on nodes with tamper-proof access control using public key encryption. Web3 also means that users will be able to own and control their identities and data on decentralized networks.
(Image Source: Enterprise Ethereum Alliance)
To drive Web 3, there must be innovative communication solutions that enable interactions between distributed systems and at the same time scale to billions of devices. That is why Solana is building a new blockchain protocol. Fast with final transaction in less than 15 seconds. This is several orders of magnitude faster than most blockchains. Solana is the fastest blockchain in the world. It is expected to scale to 300k+ transactions per second.
Safe but unobtrusive. Solana’s purpose-built messaging layer protects applications from having to know anything about the blockchain. The secure ledger acts as a private company ledger, not a public oracle, so your communications with decentralized services on Solana remain private and secure.
Solana’s purpose-built messaging layer protects applications from having to know anything about the blockchain. It is scalable to billions of units. Solana consists of several proprietary components that combine to form a scalable transaction network with 0.2 second finality. This is several orders of magnitude faster than blockchains like Ethereum.
Seamlessly integrated into your life. the secure ledger allows you to use dApps with regular applications, allowing users to use decentralized banking or cryptocurrency exchanges on top of Solana as easily as if they were using it for WhatsApp or Slack.
Solana is compliant with regulations. All transactions are immutable, so they can be shared with regulators and tax collectors in case they need to inspect your activities on the blockchain.
It has great privacy. Personal information remains private by default. No one can tell if you’re calling someone via a VoIP service like Skype or sending them an email via Gmail.
As you can see, Solana is a full-fledged, trustless blockchain protocol designed to be secure and private by default. But perhaps most importantly, Solana will be fully interoperable with other blockchains and dApps. In other words, our favorite wallet app or exchange will be able to talk to Solana without changes.
