Sirin Labs Unveils Final Design Of Blockchain Smartphone Finney

Announcements, Blockchain, News | July 12, 2018 By:

Switzerland-based Sirin Labs has unveiled the final design and specification of its upcoming blockchain smartphone, Finney.

Sirin Labs, which raised over $157 million in its initial coin offering (ICO) in 2017, selected Foxconn subsidiary FIH Mobile to manufacture the smartphone, expected to be released in November.

The Finney smartphone will run on SIRIN OS, the company’ proprietary operating system – a Google-certified “fork” of Android 8.1. The handset will feature dual screen, a 6-inch screen with an 18:9 aspect ratio and a standalone screen that measures in at two inches and slides up from the body of the device. The standalone screen, called the Safe Screen, will allow users to verify that Finney wallet transactions are being sent to the correct addresses. Other features include Token Conversion Service (TCS), an embedded cold storage wallet and a proprietary DApp (decentralized application) store alongside the regular Google Play store.

“The secured layers, combined with our revolutionary “Safe Screen” and the ultra-sleek design, enable us to offer our users comprehensive levels of cyber protection,” said Zvika Landau, Co-CEO of Sirin Labs. “This truly remarkable combination of protection, software, and the design of the phone, cohesively transforms the mobile environment into one that is secure enough for cryptocurrency transactions.”

The phone also features a conventional set of 2018 flagship phone components, inlcuding: 3D Gorilla Glass on both the front and back of the device, 6GB RAM/128 GB storage memory, Qualcomm Snapdragon 845, 12MPx Primary Camera, 8MPx Selfie Camera, Metallic signature Shield Element accommodating the camera, sensors, and fingerprint scanner, and a 3280 mAh battery. Finney has been priced at $999, and Sirin is offering a 10% discount to those who pre-order the smartphone with SRN tokens.

“The TCS prevents the need for users to go and try and get different coins from different exchanges while using decentralized applications,” said Nimrod May, chief marketing officer at Sirin Labs. “It’s going to be a very seamless experience: you want to roam from one application to another, and they all require different tokens, but you don’t want the hassle of trying to get these tokens from different exchanges.”

May also said that in the second phase of the Finney roll-out in 2019, they will add a peer-to-peer (P2P) blockchain network to connect the devices and run the economy based around Sirin’s SRN token.

“We have ongoing development efforts and discussions with the Cardano team, and with the IOTA team and other emerging blockchain protocols,” said May. “We need to understand what is the most scalable one, that can make the dream of running a full ecosystem with blockchain and decentralized applications — it might even result in our own blockchain network.”