Sirin Labs Announces The Finney, A Blockchain Smartphone
In recent months, Bitcoin and other cryptocurrencies have taken off in a big way. Following a spike in value, Nasdaq has confirmed that they will be opening a Bitcoin futures service next year and now VentureBeat has confirmed the existence of the world’s first cryptocurrency-focused smartphone.
Sirin Labs has announced the Finney, a smartphone which it claims is completely secure and thus capable of storing cryptocurrency. In addition to its security, the phone will launch with the mobile Etherum client, Status. This service will make use of both Etherum and Finney coins.
Status is currently developing an open-source messaging and browsing service which allows users access decentralized apps which run on the Etherum network. This will allow the phone to come pre-installed with encrypted messaging apps, access to digital currencies, and other features.
“We have a commitment to the open source community to bring this technology to market,” Status’ Carl Bennetts told VentureBeat. “We will continue to partner with leaders in the space to drive the development of Ethereum-based innovation forward, and ensure it makes it to the smartphones of people around the world.”
Sirin Labs’ Moshe Hogeg told VentureBeat that the goal of Finney was to create a fee-free and seamless cryptocurrency experience for its user base.
“Our goal is to standardize blockchain technology while maintaining a simple and friendly user experience,” Hogeg said. “Blockchain trade and cross-platform experience is anything but seamless these days. Together with Status, and additional strategic partners, we will develop a secure open source OS to connect between tokens and allow those transitions to be completely seamless and fee-less to the user, which will speed the mass adoption of the technology.”
The Finney is slated for launch sometime next year though the crowdsale will begin in 10 days and the prices will vary depending on what day you join the sale.
Eric is an avid tech junkie, gamer, and comic fan. When he's not working on his PC, you'll find him at your local comic book shop.