A Phone on the Blockchain: What Can the Sirin Labs Finney Phone Do?
cryptocurrency·@tradewonk·
0.000 HBDA Phone on the Blockchain: What Can the Sirin Labs Finney Phone Do?
 **Last year, Sirin Labs launched the Finney Smartphone, the first mobile phone to work on a proprietary blockchain ecosystem. The company has also developed a blockchain all-in-one PC. Let's take a closer look at what this innovation brings and how it could change our way of communicating.** Blockchain remains a buzzword in 2018 when it comes to technological innovations that make our lives easier, more convenient and more efficient. Driven by the use of cryptocurrencies, which have recently been on everyone's lips thanks to the recent Bitcoin flight, technology is gradually finding its way into the middle of society. In addition to institutionalized adaptations, such as in logistics or the energy industry, the private use of blockchain-based solutions is increasingly coming into focus. A fitting example of this is the Finney smartphone, a mobile phone released by Israeli blockchain start-up Sirin Labs. Sirin Labs has developed a proprietary ecosystem with Finney that is designed to combine consumer hardware with blockchain technology. Sirin denounces that the current generation of interconnected electronic devices put too little focus on security and sacrificed it in favor of optimizing the user experience. For a future-proof digital economy, however, sufficient protection of user data when using a device is indispensable. The blockchain named after Hal Finney, one of the bitcoiners of the first hour, is here to help. For example, Sirin Labs recently released two products that can be used within the Sirin ecosystem. The Finney smartphone will be marketed as the first blockchain-enabled mobile phone and can be purchased for around $ 1,000. The Finney Blockchain All-In-One PC is said to be slightly cheaper for about $ 800. Both devices are designed to run on the Android-based open-source OS Shield OS, which is programmed to include blockchain applications such as an integrated cold-storage crypto-wallet, secure access to crypto exchanges, and an encrypted P2P resource split supported. Likewise for the devices own DApps are designed. The Finney smartphone is not the first mobile phone developed by Sirin Labs. In 2016, the luxury smartphone Solaris came on the market, which was to acquire $ 14,000. Here, too, the focus was on the security of user data, but in this early version, no blockchain solution was provided. In addition, the expensive purchase price prevented that the device could seriously enforce. Instead, the Finney smartphone is designed for the mass market and aspires to become one of the pioneers of a new generation of smartphones. To further expand the Finney Blockchain ecosystem, Sirin Labs has already grossed more than $ 150 million over the past year, far exceeding its target of $ 100 million. For the purchase of the products and the use of the Finney network exists since the last week ended ICO the SRN token, which will have contributed significantly to the financing of the project. Sirin Labs had announced that it would develop the smartphone in the event of a captured amount of 50 million US dollars, for the development of the PC had spent the figure of 75 million US dollars. With the development of the first blockchain-enabled devices, when it comes to Sirin Labs, the electronics will be carried into the blockchain era and a customer-oriented, secure open-source product will be created. Finney smartphone and Finney PC thus create an interface between hardware and blockchain technology, between electronics and digital through the Sirin ecosystem. This innovation could be the next logical step in the evolution of the smartphone by flanking the permanent connectivity and availability of self-management of one's own data. _________________ ***Thank you for reading!*** *Don't forget to upvote, resteem and [follow me](https://steemit.com/@tradewonk) for more content & contest* *"Aspire to inspire before we expire." - tradewonk*