BOB, or Blok on Blok, is PundiX’s new blockchain-powered phone which will run entirely on Function X – the firm’s bespoke blockchain. PundiX, which set itself up as a blockchain point of sales solution, unveiled BOB at the IFA 2019, in Berlin this week.
Although the phone is a blockchain-focused device, it will also include interoperability with the Andriod operating system. Users will be able to switch from Function X to Android in an instant; opening opportunities up to a broader demographic.
The blockchain side of the device also allows the use of decentralized apps (dapps). On top of this, the phone is set to double as a node for the FunctionX blockchain. Customizability is also listed among the benefits, with the device’s exterior modifiable by what PundiX dubb, a “MOD assembly kit.”
According to Coindesk, the phone will retail at $599 on Kickstarter where it will be available for preorder in Q4 2019. Initially, production will be limited, with PundiX relaying that only 5,000 units will be manufactured as a prototype test run, prior to its official launch.
Zac Cheah, co-founder, and CEO of Pundi X Noted that BOB is just one “big step” in PundiX’s greater plans:
BOB marks a big step forward in our mission of creating a Blockchain Internet, a fully decentralized network where every piece of data shared is under the owner’s control. More importantly, BOB gives a sneak peek of a world powered entirely by blockchain technology, where everyone has control over their own data, and everything is executed with the expectations of immutability and transparency.
BOB isn’t the only blockchain phone soon to be on the market; there have been quite a few attempts at making a blockchain-based phone, one of which is Sirin Lab’s FINNEY – known widely as the world’s first blockchain-phone.
Interestingly, it was reported last week that Finney, which has been under development for more than a year, will be available on the Bangladeshi market as soon as October.
Featured Image Credit: Photo via Pixabay.com