SIRIN labs plans on rolling out their “Crypto Phone” in December
Following their Barcelona launch, which saw the football superstar Lionel Messi feature as a brand ambassador, SIRIN Labs is set to roll out Finney, their “Crypto Phone” in December. The company announced their intention of curating a phone geared towards crypto-enthusiasts in April of this year and after months of development Finney was formally launched on November 29.
SIRIN Labs partnered with FIH Mobile, a Foxconn Technology Group unit to develop ‘Finney,’ named after the Bitcoin pioneer Hal Finney. Using IOTA’s Tangle technology, which can operate without a centralized network, the device can form its own blockchain protocol for transactions.
Finney comes with a built-in cold storage wallet, a DApp center, token conversion service and three-factor authentication for security. The device which costs $999, will also have regular mobile features like a front and rear camera, 128 GB of in-built storage and even a notch design.
Nimrod May, the chief marketing officer at SIRIN did not confirm a precise date for the device, but stated that the shipping would commence between December 15 to December 25.
May also added that, “I’m pretty confident that we’ll pass the 100,000 (sales mark) in the first year.”
Andy Boxall, a reporter at Digital Trend stated in a tweet “the #finney phone really does have the ability to make paying/using cryptocurrency securely, on a phone, possible for the masses. Really. Outstanding UX design.”
Finney can only be pre-ordered for holders of the SRN token, the company’s native currency. SRN soared earlier this week with the fervour of the Barcelona launch mounting, but it was short-lived. At press time, SRN is the worst performing coin in the top-100 (placed on the 83rd spot) with a 19% decrease against the U.S. dollar and a price of $0.088.
Since SIRIN Labs revolutionized the world of mobile phone technology and cryptographic transactions, other players have joined the market. HTC is planning on releasing a mobile device that will be crypto-centric and Pundi X has released their ‘XPhone,’ which operates on a decentralized web.
SIRIN also launched SOLARIN, the privacy centric Android mobile phone which was priced at a whopping $9,500, which also boasted Lionel Messi as their brand ambassador. SIRIN also plans on launching a Personal Computer (PC) that can be sued to generate blockchain-specific code.
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