According to CNBC, the German firm specializing in cybersecurity, Sikur has released a new smartphone with a built-in cryptocurrency wallet to store cryptocurrency. The company presented its development at the Mobile World Congress in Barcelona, Spain.

The cost of this SIKURPhone is $799, it has a 5.5-inch full high definition display and 13 megapixel rear camera.

Its main feature is a built-in crypto-currency purse, which is part of the software for cryptocurrency keeping.

The company had hired professional hackers to attack the smartphone, but they could not access the information on the phone, according to tests.

Recently, the number of thefts and frauds with cryptocurrencies has terribly increased. It’s just suffice to mention stealing over $500 million from the Japanese cryptocurrency exchange Coincheck.

"At the end of the second quarter of 2018 we will deliver a crypto wallet inside our platform, expanding the wallet, using SIKURPhone, it means that our customers should be able to, through a physical device, to securely store their cryptocoins," Cristiano Lop, Sikur's CEO, told CNBC.

Pre-sale of SIKURPhone beginning on February 27th at a price of $ 799.The company hopes to deliver the first devices in August 2018. At this price, only 20,000 units will be available.

By the way, on Tuesday morning bitcoin price is around $10,700 (5:00 AM EST).

Source:

https://www.cnbc.com/2018/02/27/sikur-cryptocurrency-wallet-smartphone.html