Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure
Blockchain smartphone guide
Compare blockchain smartphones, see what they can do and why you'd want one.
At the beginning of 2018 there were no blockchain smartphones on the market. Just over a year later you could choose from five different phones, each of which is quite different from every other.
But first, why would you even want one? What can blockchain smartphones do that other phones can’t?
Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.
At a glance
Samsung Galaxy S10 | HTC Exodus | Sirin Labs Finney | Pundi Xphone | Electroneum M1 | |
---|---|---|---|---|---|
![]() | ![]() | ![]() | ![]() | ![]() | |
Price* | US$750 | US$699 | US$999 | US$599 | US$80 |
Display size | 6.1 inches | 6 inches | 6 inches | 5.65 inches | 4.5 inches |
Processor | Snapdragon 855 | 4x 2.8GHz Kryo 385 4x 1.8GHz Kryo 385 | Snapdragon 845 | Snapdragon 660 | Quad Core 1.3GHz CPU |
RAM | 8GB | 6GB | 6GB | 6GB | 1GB |
Storage | 128GB/512GB | 128GB | 128GB (expandable to 2TB) | 128GB | 8GB (expandable to 32GB) |
Camera | 16MP | 12.19MP | 12MP | 12MP | 5MP |
Where to buy | Learn more | Learn more | Learn more | Learn more | Learn more |
*Prices are indicative and last updated on March 19, 2019.
What blockchain smartphones can do that other phones can’t
The exact function of a blockchain phone depends on which one you get. But in general, blockchain smartphones offer the following advantages over regular phones.
They’re more secure
Blockchain smartphones can provide additional security primarily through the built-in hardware wallet that’s common to most blockchain phones released to date.
This is essentially like a secure, offline safe for digital information on your phone. This can hold various types of data and then provide them on a case-by-case basis as needed. So far it’s mostly used to hold cryptocurrency private keys.
However, not all available blockchain wallets have this type of offline storage and different phones will have different degrees of separation between components, which can also add to security. The Sirin Labs Finney is the only one with a separated processor, secure element, display, touchscreen and keyboard.
In the long run there are many applications for this, because the secure element hardware wallet part of the phone can hold more than just cryptocurrency private keys.
For example, it could hold your personal information such as passwords to securely log in to different sites or sensitive personal information such as credit card numbers. If everyone does this, the world can move beyond the current system of assembling massive honeypots full of millions of people’s personal data and help cure the problem of endless data breaches.
Compare the best hardware wallets
Key security benefits
To this end, some blockchain smartphones will let you securely hold passwords on your phone’s built-in hardware wallet. For now it’s still mostly for cryptocurrency private keys. The benefits of this include:
- Cost. Hardware wallets can be expensive, so having one on your phone can be a saver.
- Portability. Most people probably don’t use cryptocurrency enough to bother carrying a hardware wallet around. Having it built into a phone can change that dynamic, by letting you keep it in cold storage while still carrying it.
- Direct dapp interface. Decentralized applications (dapps) are blockchain apps. They often involve cryptocurrency, so having more security can be useful. With blockchain smartphones you can directly pay into dapps from your phone’s cold wallet for added security and portability in dapp use.
They offer better dapp access
You can already access dapps on mobile, such as with the MetaMask app for Ethereum dapps, but blockchain phones typically come with this functionality built in.
This is easier, as it’s one less thing to download, and safer. The built-in hardware wallet lets you more securely access dapps on the go.
This easier and more secure dapp access also uncovers additional benefits in line with the practical things cryptocurrency and dapps can do that regular money and apps can’t.
Key benefits of better dapp access
With better dapp access, you could do the following on a blockchain smartphone:
- Send and earn crypto. The key benefit is it helps you send money anywhere globally as cryptocurrency as easily and cheaply as sending a message. Some blockchain phones also run as blockchain nodes and pay the owner small amounts of crypto over time.
- Store nonfungible tokens. You can hold non-fungible tokens on your phone. This is most widely used in games like CryptoKitties so far, but more applications are emerging. For example, a non-fungible token that represents a certification you have so you can prove certain qualifications in a counterfeit-proof way through your phone.
- Secret sharing. Use a secret sharing dapp to trustfully distribute information fragments among multiple other parties in a way that can only be reassembled if everyone willingly agrees to do so. Some blockchain smartphones are pre-installing this kind of dapp to handle cryptocurrency private keys.
- Trustless gambling. Online gambling of all kinds is often rigged. Gamblers just have to trust they’re not being lied to and fleeced — and in many cases that trust will be misplaced. Blockchain dapps are the only way to create and play provably fair online gambling (d)apps and online casinos.
- Extra censorship-resistant communications. Blockchain systems allow the transmission and publishing of information in a way that it can’t feasibly be censored or removed.
Although these applications are all quite specialized, they’re also things you can do with a blockchain smartphone today. As dapps continue rolling out and the world gradually leans into blockchain, the purposes will grow.
Back to topBlockchain smartphones: Specifications
There are a few different tiers for the existing crop of blockchain smartphones, with the Samsung Galaxy S10 standing out as the most powerful one yet, with a relatively appealing price tag compared to others.
The hardware in the HTC Exodus and Sirin Labs Finney isn’t quite so advanced, but they’re both much more native to blockchain than the Samsung Galaxy S10, so could have some additional functions to that end.
The Pundi Xphone, with its combination of price and lower-end specs, is more distinctly aimed at crypto enthusiasts and is still much more in the nature of a limited test run than a serious phone with big goals.
The Electroneum M1, meanwhile, is clearly in a league of its own in its own way.
Overview of available blockchain smartphones
The phone | How it works |
---|---|
Samsung Galaxy S10![]() | The Samsung Galaxy S10 is more of a conventional phone than a blockchain smartphone, but it still has some additional features most phones don’t. Specifically it will offer dapp access through the Samsung Galaxy store and comes with a built-in cold wallet as part of its broader Knox security suite. |
HTC Exodus![]() | The Exodus aims to be a holistic blockchain phone with built-in hardware wallet and dapp access. |
Sirin Labs Finney![]() | The Finney is a security-oriented smartphone made by Sirin Labs, aiming to be an all-in-one blockchain and cryptocurrency smartphone. It aims to combine reasonable specifications with advanced security features, a built-in cryptocurrency exchange and access to a wide range of dapps. It also plans to create some of its own dapps, such as an incentivized learning program where people can get paid with crypto to learn. |
Pundi Xphone | Each phone is a node on the Pundi X blockchain and the vision is that together they’ll form a distributed network. Only 5,000 Pundi Xphones will be sold initially. The eventual plan is to license the software to other manufacturers so any phone can also be flipped into blockchain mode on demand. |
Electroneum M1![]() | The Electroneum M1’s most defining feature is that it’s cheap, clocking in at a recommended retail price of just US$80. It’s primarily designed to be a cheap smart-ish phone for use in emerging economies, where it can interact with the Electroneum blockchain as a node. According to Electroneum, the M1 is expected to be able to earn around US$3 per month as a node on the Electroneum blockchain. |
Disclosure: At the time of writing the author holds ETH
Image source: Getty Images
More guides on Finder
-
COLDCARD Mk4 review
Learn about the security features of the COLDCARD Mk4 — a Bitcoin-only hardware wallet.
-
How to short Bitcoin
Learn how you can use various short-selling strategies to further your Bitcoin profits.
-
Coinbase Ventures Portfolio assets and market cap
Discover more about the 31 assets in Coinbase Ventures Portfolio and its $484bn market cap.
-
Ledger Stax review
Learn how the Ledger Stax stands out compared to previous Ledger hardware wallets.
-
12 best non-custodial wallets
Our round-up of the best non-custodial crypto wallets and why they’re so important.
-
Bybit review
We reviewed Bybit, a crypto exchange that offers an array of derivatives products
-
Aptos (APT) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy Aptos, lists some exchanges where you can get it and provides daily price data on APT.
-
How to buy Aptos (APT)
This guide provides step-by-step instructions on how to buy Aptos, lists some exchanges where you can get it and provides daily price data on APT.
-
EthereumPoW (ETHW) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy EthereumPoW, lists some exchanges where you can get it and provides daily price data on ETHW.
-
Coinbase Wrapped Staked ETH (CBETH) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy Coinbase Wrapped Staked ETH, lists some exchanges where you can get it and provides daily price data on CBETH.
Ask an Expert