SIRIN Labs All Set To Ship Its Blockchain Phone, FINNEY

It’s here, the moment of truth for SIRIN Labs, which has invested a lot of their time and effort developing the first of its kind, blockchain based smartphne. The latest update from them states that they will be having a launch party for their first blockchain-based smartphone tomorrow, Nov. 29.

(Read more about: SIRIN Lab’s collaboration with Virgin Gates)

The smartphone has hosted an Initial Coin Offering (ICO) back in December 2017, and had successfully accumulated funds worth $157 million for their product FINNEY. BTC Wires had previously reported on the brilliant specs of the blockchain based smartphone, they are as follows:

The phone uses a 6 GB RAM and works on a secure Sirin OS which is forked from the Android 8.1 version. It is powered by a Qualcomm Snapdragon 845 processor and boasts of an impressive f/1.8 12-megapixel rear camera (complete with low-light imaging and ultra-fast autofocus) paired with an f/2.2 8-megapixel front camera. It comes with features such as a built-in crypto-wallet and a token conversion function that automatically convert tokens without the hassle of an exchange. It gives access to the store of decentralized apps, a multi-layer cybersecurity system, secure exchange access, encrypted communications, and a peer-to-peer sharing ecosystem for transactions, supported by the SRN token.

The phone has been manufactured and developed at the Taiwan-based Foxconn Technology group, which happens to be a major manufacturer of products from Google, Apple, Cisco, Huawei, and Amazon.

This smartphone is a handy little gadget that at the core, aims to uncomplicate the process of process of using cryptocurrencies and peer-to-peer networks. It’s usage of an Android OS is going to make it extremely convenient for users to familiarize themselves with the interface.

SIRIN labs is not the only company that laid claim to the launch of the first ever blockchain based smartphone. The Taiwanese company HTC also declared back in May, that they will be releasing “the first native blockchain phone,” HTC Exodus. Later it was revealed that HTC actually planned to launch a smartphone which would contain a crypto wallet and Ethereum (ETH)-based decentralized application (DApp) game CryptoKitties.

(Read more about: How HTC broke into the virtual cat game domain)

Also this summer, the Opera web browser had announced that they are releasing a beta version of their service for Android that would include a native crypto wallet.