Huobi’s New Blockchain Phone, Acute Angel, To Be Launched Next Week

A handful of companies has already started to experiment in a world in which the blockchain technology is used together with smartphones in the so-called blockchain phones. Now, however, Huobi, together with Whole Network, is set to make a great step that will possibly change this industry.

The company has recently announced that its new low-cost blockchain phone Acute Angle is set to be launched next week. The phone will cost only $515 USD. Not the cheapest price ever, obviously, but far less than the $1,000 that most of its competitors are charging.

According to reports, companies such as Sirin Labs have devised other blockchain phones before, but most of them were out of most people’s reach.

This new product will be launched in Asia next week. China will receive it in Q4 2019 and the Western markets are not set to see the launch so soon, as there is no date set for it yet.

The CEO of Huobi, Livio Weng, affirmed that blockchain phones will be a part of the future. According to him, this is a promising area for technology and innovations will help it. 5G technology, for instance, is still being implemented, but it will change radically how people use the internet and will affect phones.

Acute Angles will have several features focused on crypto products that will come on the phone, so people will not even have to install them. For instance, it will have its own crypto wallet and a cold wallet plugin.

If this is a successful enterprise, these companies will have an edge in the competition to dominate the blockchain phone market, which is expected to be a big industry in the future.

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