October 4, 2023

Solana Labs CEO Anatoly Yakovenko revealed the Solana Mobile Stack software ecosystem for Android, as well as the appearance of a smartphone called “Saga” that will be released in early 2023. This is the next step in Solana Labs’ massive bet on Web3.

Solana Mobile Stack (SMS) is an Android crypto layer designed to improve the user’s Web3 experience. The feature, according to the company, will work on all mobile devices, not just Android. This toolkit is now available for download for developers who want to create crypto mobile apps on Solana and SMS.

SMS will including : 

Seed Vault : a software solution for storing private keys, seed phrases, and other sensitive information on Android devices.

Solana Pay: to make mobile payments easier.

Decentralized dApp store: a mobile app that provides free access to Web3 applications and wallets built on Solana.

-SMS also enables the minting (creation) and trading of NFTs, as well as access to Solana Defi and Web3 games on Solana.

Furthermore, Solana Labs will launch its own Android smartphone, Saga, early next year. In the near future, this will be Solana Labs’ main product. The smartphone features top-tier specifications such as a Snapdragon 8+ Gen 1 processor, a 6.67-inch OLED display, 12GB of RAM, and 512GB of storage.

Saga will include a hardware security module that will integrate Seed Vault and protect users’ personal information from exploits and attacks.

The phone will most likely cost around $1,000. Solana Labs is accepting a $100 deposit and will prioritize Solana developers first. Those who pre-order early will receive a limited edition NFT commemorating the phone’s release.

In addition, the Solana Foundation will create a $10 million developer ecosystem fund to support mobile creators. NFT MagicEden is one of the projects in the Solana ecosystem that will create apps and support for Saga. StepN Move-to-Earn application, OkayBears NFT project, Orca DEX exchange, Phantom wallet, etc.

In the history of the cryptocurrency industry, two realities can make blockchain smartphones possible: SIRIN LABS and HTC Exodus. At the end of 2018, the blockchain smartphone FINNEY was launched in Spain by Sirin Labs. FINNEY was created to solve the problems that crypto fans often face, especially security and protection. Other surface, HTC Exodus is an phone blockchain information active with Opera, Brave and Binance browser, has built-in Binance chain and supports DEX exchange in 2019. Samsung recently launched an E-Wallet Samsung Wallet and crypto wallet. This thing was well-modeling the message token Bitcoin and Ethereum ERC-20 on the lines of the phone information.

Summited by HotQA

Leave a Reply

Your email address will not be published. Required fields are marked *