Posted on

SIRIN LABS Unveils World’s First Blockchain-Powered Handset FINNEY

72 Views
1 Total shares
SIRIN LABS Unveils World's First Blockchain-Powered Handset FINNEY

Smartphone maker SIRIN LABS has unveiled the final design of its blockchain-powered handset FINNEY. The smartphone features a price tag of $999. Integrating the blockchain technology, FINNEY aims to provide its users a unique experience interacting with decentralized apps.

According to SIRIN LABS’ chief monitoring officer Nimrod May, the company will start shipping FINNEY probably between Dec. 15 and 25. Also, SIRIN LABS has picked Foxconn as its handset manufactures. Note that Foxconn is the same company manufacturing Apple iPhones.

One can also pre-order FINNEY from its official website.

Features of the FINNEY Handset

While the FINNEY handset has specs similar to other traditional handsets, its major USP is its crypto-centric features. The most exciting feature is the built-in cold-storage wallet for safe and secure storage of digital assets.

Furthermore, the handset features a two-inch-sized secondary screen called as “safe screen.” This “safe screen” also allows users to securely and directly access the cold storage wallet.

While talking about the conventional features, FINNEY boasts a 6″ Notch Design Display with 18:9 aspect ratio. The handset has got a 12MP primary and 8MP secondary camera. Moreover, it comes with a 128GB built-in memory along with an SD card slot for expandable memory.

SIRIN OS™ and Cybersecurity Features

The SIRIN OS™ is a modification of the Android operating system that features a decentralized application (“dApp”) marketplace. The OS deeply expresses the blockchain capabilities of the smartphone.

The company said that it won’t limit the SIRIN OS™ to FINNEY. During the launch, SIRIN LABS said that it will form strategic OEMs to power third-party consumer devices with the SIRIN OS™.

This will allow other blockchain handset manufacturers to power their devices using the SIRIN OS™.

On the security front, SIRIN LABS ensures a “no compromise” approach. FINNEY uses artificial intelligence technology to implement its behavioral-based Intrusion Prevention System (IPS).

Moreover, FINNEY has a dedicated switch for the protection of cold storage wallet. The cold storage wallet is also powered by a dedicated processor separate from the conventional handset hardware.

The handset also hosts three-factor authentication:  Biometric, Lock Pattern, Behavioral.

SIRIN LABS Token (SRN) and the Token Conversion Service

To develop a complete ecosystem, SIRIN LABS considered having its native SRN tokens. SRN is basically a “utility token” and available on several exchanges. Note that the pre-order facility is currently available only to SRN token holders.

The handset also features token conversion service to easily switch between different tokens. At launch, it will facilitate conversion only for SRN, BTC, and ETH.

The whitepaper launched in March this year provides a better understanding of the use of SRN tokens. It notes: “[…] purchasing SIRIN LABS’s products, applications and services from the moment the SRN tokens are issued and distributed to crowdsale participants (24hr. after crowdsale ends). Moreover, special discounts will be given to SRN Token holders who pre-order or purchase products from SIRIN LABS using their SRN tokens.”

SIRIN LABS is not the sole player launching the blockchain-powered handset. Tech giant HTC and Upstart Pundi X have also announced their project for similar handsets.

Risk Disclosure

This article should not be taken as, and is not intended to provide, investment advice. Users are ultimately responsible for the investment decisions he/she/it makes based on this information. It is your responsibility to review, analyze and verify any content/information before relying on them. Trading is a highly risky activity. Do consult your financial adviser before making any decision. Please conduct your thorough research before investing in any cryptocurrency and read our full disclaimer.

Join our Telegram Group To Stay Up To Date With Crypto News

 

Daily updates








LATEST CRYPTOCURRENCY NEWS FROM CRYPTOBLOCKWIRE

We are your go-to news source for everything cryptocurrency and blockchain in the U.S. and internationally.

CryptoBlockWire is your home for the latest cryptocurrency and blockchain news. It’s our job to provide you with access to the latest breaking news regarding Bitcoin, altcoins, and blockchain technology. There is nothing more exciting than being at the forefront of the cryptocurrency movement and financial consumer technology. CBW’s extremely knowledgeable writing staff use their experience and enthusiasm to publish the most current, accurate, and helpful stories in the entire crypto-sphere.