Sirin Labs has launched orders for its “blockchain” smartphone dubbed Finney.
Sirin Labs launches its very first smartphone with blockchain technology.
Cold wallet and fork of Android
Offered at 1000 dollars, the mobile terminal evolves under Sirin OS, a fork of Android developed by the Swiss company. But that’s not all, since it offers users a token conversion service. This allows tokens (those supported by the device) to be exchanged without the need to go through an external cryptocurrency exchange service.
In addition, like its previous Android smartphone called Solarin Android, the Finney has a switch that immediately disables all unencrypted communications.
As a result, the internal storage space of the mobile terminal is inaccessible wirelessly and can therefore assume the role of “cold wallet” for crypto-currencies.
Sirin Labs has also associated it with encryption of communications, by VoIP, SMS and emails, as well as three-factor authentication: biometric, locking and behavior.
DApps and premium specifications
The smartphone also features a decentralized app store that allows users to use DApps (Decentralized Apps) and learn about new crypto projects.
For the specifications, the Finney is equipped with a 6-inch notch, a microSD card slot, an internal storage space of 128 GB, a back camera with 12 megapixel sensor and a another in front of 8 megapixels. It incorporates the SoC (System on Chip) Snapdragon 845, supported by no less than 6 GB of RAM.
HTC and Huawei also present on “blockchain” smartphones
Last May, HTC also announced the release of a blockchain-enabled smartphone that allows users to securely store cryptocurrency offline and act as a compute node in a blockchain network.
In October, the Taiwanese group announced limited pre-orders for the Exodus 1 smartphone at $ 1,000.
HTC has, however, also developed a social key recovery mechanism in case the phone is lost, stolen, or if you lose your key information.
To this end, it is necessary to share with trusted people the information allowing the keys to be recovered. They will have to download an application to manage the keys. HTC uses a sharing algorithm to give information to these people.
For its part, Huawei is said to be in talks with Sirin Labs to launch a “Blockchain ready” smartphone, including a “cold wallet”.