Solana is launching its Web3 mobile known simply as Solana Mobile. This smartphone will be catered to meet web3 requirements for crypto and blockchain users. It also aims to make a mark in the smartphone industry.
Read CRYPTONEWSLAND onIn detail, the Solana mobile will introduce a Solana Mobile Stack (SMS). From the tweet above, the thread goes on to explain what the Solana Mobile will offer its users. More specifically, what impact will it make for the crypto industry?
Blockworks’ Research Analyst — Ryan Swanson, goes on to explain and elaborate on the offerings of a Web3 smartphone. In particular, he says that Solana’s Saga phone, along with its development stack (SMS) will offer the potential to create a Web3-centric mobile ecosystem.
The thread goes on to display a chart that shows how legacy and desktop devices are still the more commonly chosen devices to conduct crypto activities. Meanwhile, mobile traffic has gone up from 6% in 2011 to 56% in 2021.
Yet, more crypto applications are limited to desktop devices. Thus, a solution like Solana’s Web3 mobile will give users an option to switch their crypto activities to smartphones over desktops.
At the moment, Solana Mobile Stack acts as a Web3 toolkit for developers hoping to build DApps on a next-generation platform designed for mobile use. To highlight, the stack currently consists of four components: Mobile Wallet Adapter, Seed Vault, Solana DApp Store, and Solana Pay.
With these components, users can secure seed phrases and conduct encrypted transactions in a secure environment. Therefore, the smartphone will keep all data away from third parties. Accordingly, Solana Pay will process P2P payment protocols. Lastly, Solana DApp Store will make DApps accessible to anyone disregarding app store exclusivity.
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