Solana Mobile, a subsidiary of Solana Labs, has announced the Saga mobile crypto smartphone, built on Android software in collaboration with OSOM.
Negative trends in the cryptocurrency market are forcing leading industry players to look for new ways to attract potential customers, including through technologies that simplify access to platform user functionality. So, the Solana blockchain team makes one of the bets on the owners of mobile devices and the development of Web3 technologies.
The presentation of the Saga smartphone took place in New York at an event dedicated to the introduction of the Solana Mobile Stack platform for creating mobile applications for Android on Solana. The developers said that the smartphone will be integrated with the Solana blockchain, as well as endowed with functionality related to crypto wallets and the Solana Mobile Stack software development kit for Web3.
“Almost 7 billion people use smartphones around the world. Of these, more than 100 million people own digital assets – and both of these numbers will continue to grow,” said Anatoly Yakovenko, CEO of Solana Labs.
The Saga software will include a pre-installed Web3 dapp store app, Solana Pay for on-net payments using a QR code, a mobile wallet adapter, and a Secure Element app for managing private keys. NFT marketplace Magic Eden, Phantom, and cryptocurrency exchange Orca have agreed to support Solana’s efforts to create new crypto smartphone software.
As follows from the Solana Mobile presentation, the modification of the OSOM OV1 Saga smartphone will have a 6.67-inch OLED display with a frequency of 120 Hz, 512 GB of memory and 12 GB of RAM. The gadget will go on sale in the first quarter of 2023 for about $1,000.
Recall that in June, the independent rating agency DeFi Safety downgraded the Solana ecosystem for network downtime, incorrect processing of information about archive nodes, and poorly designed block explorers.
Source: Bits
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