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BlackBerry's new Android device billed as 'world's most secure' smartphone

Blackberry CEO: The smartphone market is saturated

BlackBerry is on a mission to stay competitive and relevant in the smartphone market even as it kills off its most iconic product.

The Canadian company unveiled its latest strategy with a new Android handset Tuesday -- DTEK50 -- less than a month after it said it would stop making the BlackBerry Classic.

The company is calling its latest device the world's most secure smartphone. The DTEK50, which will run on Android 6.0 Marshmallow mobile software, comes with its built-in DTEK software, which first made an appearance on the BlackBerry Priv smartphone last year. The software encrypts all data on the phone, including photos and videos, and gives users a way to control and monitor their apps for privacy risks.

While the device borrows its name from BlackBerry's existing Android app that monitors users' apps for privacy and security apps, the number 50 comes...