I've seen many Android-powered smartwatches out there with capabilities to run apps in the same way (almost) as an ordinary smartphone would. On the other hand, we have the Apple Watch which runs its variant of the iOS system. Imagine being able to install a lightweight wallet like Electrum on a smartwatch to send/receive Bitcoin transactions. After all, most of these (if not all) smartwatches have Wi-Fi capabilities, Bluetooth, and more. By integrating Bitcoin wallets into smartwatches, you can truly send/receive transactions anywhere with ease. I'm sure not if this is possible yet (as I don't own a smartwatch). But if a developer decides to create Bitcoin wallets for smartwatches, I'll be a big hit within the mainstream world.
What are your thoughts? Is something like this practical/secure? Or is it better to continue using smartphones for Bitcoin transactions?
What are your thoughts? Is something like this practical/secure? Or is it better to continue using smartphones for Bitcoin transactions?
This would be awesome!
I like the idea of using a smartwatch for crypto transactions but wouldn't the screen too small for this one?
If a smartwatch can connect to the internet alone without your phone I think this is possible.
The UI would need to be redesigned. I haven't seen any Smartwatch yet so i'm not sure what are their limitations, if they are just Android on a wristwatch, i don't see why it wouldn't work. Interacting with the thing (due to size) might be tricky.
OR
The hardware wallet manufacturers could find a way to make a wearable wrist version and be done with it. Oh, maybe adding a clock would be nice too
Yes it would be practical, secure depends.