When smartphones were first introduced, we were promised the world at a tap of our fingertips!
Anyone who has dropped an iPhone, downloaded an Android app that constantly crashes, or has had their phone "go wonky" after an operating system update can attest, smartphones are great, but they haven't reached perfection. YET!
Enter Cardano, Sirin Labs, and Huawei. Three underdogs that have begun joining forces in order to bring what I believe will be the first ever, blockchain powered smartphone!
Here Are My Thoughts:
About Cardano - Cardano is basically Ethereum, (The Android platform of the crypto world) only more secure. According to tech reviews on Reddit, the indications are that Ethereum has a security flaw in its code, that only experienced programmers have spotted so far! If this is true, when word spreads, it'll likely be more than just Traxia that migrates off the Ethereum blockchain and onto the Cardano Platform.
So it makes sense to me that the more games/apps/tokens built on the Cardano platform, the more the value of ADA (Cardano's crypto trading name) will increase from it's current trading price of £0.10!
About Sirin Labs - Sirin fulfills the operating system functions of the new blockchain powered smartphone. Since the blockchain cannot be tampered with, gone will be the days of the infamous "Ios 11.0.3 downloaded but will not install"!
I missed out on buying shares in Apple, Microsoft and Lynux! But from the looks of things, these three giants all have competition now, which makes SRN (at only £0.18) look like a bargain in my opinion!
About Huawei - Huawei is a brand known for manufacturing cheap, solid phones! You could drop one of these on a pavement, pick it up then immediately make a phone call. Talk about "sturdy hardware". Huawei has recently rebranded by the looks of things, and as they leave their "commodities reputation" behind with their P20 PRO smartphone, they'll be looking for their next "unique selling point" for their NEXT phone. I figured this is probably why they've recently begun "serious talks" with Sirin Labs, who have already partnered with Cardano?
So there we have it! Cardano (ADA) perhaps as the new, improved version of an app store, Sirin Labs (SRN) as the operating system, and Hauwei as the hardware manufacturer? That would make for one AWESOME smartphone, don't you think? THIS potential scenario, AND the fact that they are selling so cheap, are the reasons why I have ADA and SRN in my cryptocurrency portfolio!
Join me tomorrow to find out why I have Dmarket Tokens in my portfolio too.
Follow on Twitter for progress updates: @CryptoMurray @Cardanocom @sirinlabs
I am not a financial advisor, and the information contained in this post is not meant to be used as investment advice! Please conduct your own research and speak to a qualified financial professional BEFORE making any investments!
Sources:
https://www.investinblockchain.com/traxia-ico-cardano/
https://globalcoinreport.com/cardano-partnering-up-with-sirin-labs/
https://www.reddit.com/r/SirinLabs/comments/80vgj4/sirin_labs_huawei_meeting/
https://www.newsbtc.com/2018/02/24/over-3000-ethereum-smart-contracts-contain-major-security-flaws/
https://www.ccn.com/ethereum-solidity-flaw-dao/
https://news.ycombinator.com/item?id=14810008