It is already widely broadcasted that Sikur; a security based company is debuting its very own mobile banking platform. Its Android app store will be launched also.
While the transformation for mobile banking is already building up, an issue in the minds of individuals is if the mobile applications can be trusted. Lots of phone owners have not found the answer to this question.
For Sikur, they have launched their mobile banking platform at the Mobile World Congress. It was launched in Barcelona. For those unaware of what Sikur is, Sikur is a company that focuses on creating phones that are based on security.
Sikur has also taken the step to change the looming question on our minds pertaining to the trustworthiness of mobile banking apps.
This new platform was built to merge every user-friendly area of computerized banking applications that have already been established on the market. Also, they are applications whose security components are premium.
Additionally, Sikur aims to utilize its security expertise to safeguard users from the known weaknesses of the payment applications. And also the point of sale information breaches that have majorly plagued companies. This issue has also affected Ticketmaster and British Airways. Back in the year 2018, the analysts that were from Juniper Research gave their prediction.
This prediction was that about two billion individuals or roughly forty percent of the universal population will be making use of mobile banking as the year draws to an end.
Also, this predicted number involves individuals that utilize computerized tools offered by their banks. An example of this tool is Monzo. Monzo has rapidly increased its prominence in the United Kingdom and will launch cards in the United States soon.
Sikur Journey So Far
According to the CEO of Sikur, individuals are transferring from the regular banks to a platform like this. Moreover, anyone can simply open an account and carry out every transaction just as they would do in the regular banks.
Whilst Sikurs competitors are promising to release secure blockchain devices, Sikur is already delivering a full and innovative operating system experience. SikurOS is powering devices that can deliver much more than secure cryptocurrency wallets and other gadgets to protect assets.
2018 has been an incredible year for us – from the rush of launching SIKURPhone at Mobile World Congress, in Barcelona, to porting SikurOS to different hardware. It has been an exciting journey and we still have more to come, said Alexandre Vasconcelos, Sikurs COO.
SikurOS is a very innovative model, although its concepts are widely available. An operating system that is capable of effectively protecting user data is an approach that has taken SIKURPhone to the next level. Combining safety with convenience is a challenge that Sikurs research and development team face every day.
According to Group-IB, more than $882 million in cryptocurrency assets was lost to fraud and hacks in 2017 and 2018, mostly in the Asian market, including the over $500 million hack of Japanese Cryptocurrency Exchange Coincheck. Protecting cryptocurrency coins for the regular investor with simplicity and usability is already possible with SIKURPhone.
After passing rigorous tests by HackerOne with a bug bounty program, securing cryptocurrency is a challenge that SIKURPhone has already overcome. Sikur is now daring to take it a step further with the Trading Station concept.
Hace un par de años la compañía Sikurpresentó en la feria Mobile World Congress su solución destinada a los amantes de las criptomonedas. Se llamaba GranitePhone, y no era más que un teléfono con un potente software que lo transformaba en una cartera de monedas virtuales.
La clave se encuentra en el hermetismo de sus desarrolladores, que no permiten la instalación de aplicaciones de terceros que no hayan pasado su criterio, por lo que la seguridad y privacidad del terminal se mantiene intacta, algo que inspira bastante confianza a la hora llevar una cartera virtual en el propio terminal.
La reputación del sistema operativo empezó a crecer, y tal es el respeto que existen en este nicho de seguridad extrema que han conseguido convencer a Sony para que den vida a los nuevos terminales de la marca. El resultado es un Xperia XZ1 modificado por software, ya que mantiene las especificaciones de siempre con el Snapdragon 835, 4 GB de RAM y 64 GB de capacidad, pero en su lugar se incluye SikurOS como sistema operativo.
También existe una versión más económica (aunque por ahora no se han detallado los precios), ya que se basa en el Xperia XA2, de nuevo con las mismas prestaciones que el original, con pantalla de 5,2 pulgadas IPS, Snapdragon 630, 3 GB de RAM y 32 GB de capacidad.
Cybersecurity firm Sikur has launched a secure, encrypted USD 799 smartphone, that it claims can safely store cryptocurrencies. Unveiled on Wednesday at Mobile World Congress in Barcelona, in addition to a 5.5-inch full-HD display and 13-megapixel camera, the SIKURPhone features a built-in cryptocurrency software wallet.
According to an article on Engadget, 20,000 phones are available on presale and will be delivered in August.
Sikur’s CEO, Cristiano Lop outlined plans for the device to CNBC:
“At the end of second quarter of 2018 we will deliver a crypto wallet inside our platform, expanding the wallet use beyond SIKURPhone, it means that our customers should be able, through a physical device, to securely store their cryptocoins.”
In the wake of multiple prominent cryptocurrency hacks, such as this one, reported by internet entrepreneur and investor, Fabrice Grinda, there’s no lack of interest among crypto folk, many similarly burned by attacks.
“Securely storing information on our devices is one of our strong points,” said SIKUR CEO Cristiano Lop, speaking to Engadget. “We succeeded with browser and messaging security. Then we asked, why not do it with cryptocurrency? Cryptos are stored seamlessly and securely on our cloud, without compromising safety.”
Engadget reported that in November and December, Sikur hired security researchers to try to break into the device. The SIKURPhone passed with flying colors.
Encrypted device maker Sikur’s new secure smartphone sports a native cryptocurrency wallet. Should you trust it?
BARCELONA—Smartphone makers will never stop trying to one-up each other on security features, so I suppose it was only a matter of time before one capitalized on the cryptocurrency boom and built an encrypted wallet app right into the phone.
Brazilian security software and encrypted device maker Sikur announced its new secure SikurPhone here at Mobile World Congress, which includes a built-in cryptocurrency wallet called SikurWallet. It can track token prices, create multiple wallets for different cryptocurrencies, and sync with exchange platforms such as Coinbase.
Sikur is all about security, and the cryptocurrency wallet is among many encrypted features on the device, including end-to-end encrypted messaging and chats, browsing, and voice and video calls. The SikurPhone is an evolution of the company’s Granite smartphone released in 2015, upgraded with a new user interface. Specs-wise, the SikurPhone has a 5.5-inch display, 4GB of RAM, 64GB of storage, a 13MP rear and 5MP front camera, and a 2800mAh battery.
Sikur launched a bug bounty program through HackerOne to see if the SikurPhone could be hacked. Two months later, the platform’s global collective of hackers hasn’t cracked the phone, nor stolen any cryptocurrency from the wallet apps. The company said it’s establishing a permanent program with HackerOne to continue testing new versions of the software.
SikurPhone is available for pre-order starting at $799; the first units are expected in August. Take a closer look at the SikurPhone and its built-in cryptocurrency wallet below.
by Arjun Kharpal
February 27, 2018
A smartphone designed to keep cryptocurrencies like bitcoin safe was unveiled on Tuesday.
German cybersecurity firm Sikur launched the $799 SIKURPhone at the Mobile World Congress in Barcelona, Spain.
Key features include:
- 5.5-inch full high definition display
- 13 megapixel rear camera
But the standout feature for the device is the in-built cryptocurrency wallet. A wallet is a piece of software required to hold cryptocurrencies.
Security of cryptocurrency exchanges and wallets has been in the spotlight recently. A recent incident saw hackers steal over $500 million from Japanese cryptocurrency exchange Coincheck.
The cryptocurrency market has exploded with a value of over $460 billion, from just $21.4 billion a year ago, according to data from Coinmarketcap.com.
Sikur said it put its device to the test by hiring professional hackers to attack the device. The company claims the smartphone was subjected to “rigorous hacking tests for two months,” but hackers failed to gain access to any information.
“At the end of second quarter of 2018 we will deliver a crypto wallet inside our platform, expanding the wallet use beyond SIKURPhone, it means that our customers should be able, through a physical device, to securely store their cryptocoins,” Cristiano Lop, Sikur’s CEO, told CNBC by email.
The SIKURPhone will be available in a pre-sale on February 27 at a price of $799, and the first units will be delivered in August 2018. Only 20,000 units will be available at this price.