Sirin Labs’ $999 Blockchain Phone Will Start Shipping in December
The block chain phone Finney, announced at the peak of the token craze in 2018, is expected to ship in late December.
Sirin Labs (phone manufacturer), who announced the final design for the first time at the event in Barcelona, is committed to improving the user experience of distributed applications (or dapps) with new hardware.
The company said it raised more than $ 157 million in funding to develop the device with the Initial Coin Offering (ICO) announced earlier this year. If you still have a desire for an improved user experience for a decentralized Web that starts with too few dapps, it should still be there.
Sirin did not disclose the exact date, but Nimrod May (Chief Marketing Officer) Nimrod May said the shipment will begin between December 15 and 25. Sirin has partnered with one of the world's leading electronics manufacturers, Foxconn, to produce devices.
The $ 999 phone can be preordered to the SRN token holder. More payment channels will be streamed shortly, and in May we'll always be changing the payment method the buyer uses every time the company closes the deal.
There is no relationship between SRN and phone price, so people who buy from token sales are at the mercy of spot prices. The token has risen between $ 0.06 and $ 0.18 in the last three months, but has surged and has surged since October, according to data center CoinCap.
Since Finney's first proposal, more players have entered the market. In particular, HTC, the device manufacturer for a long time, has promised devices designed with passwords in mind. Upstart Pundi X also jumped into the fight.
Sinin did not pre-order CoinDesk in May, but made sales forecasts. "I am confident that over 100,000 will be in the first year."
As a phone designed to perform cryptocurrency, Finney makes strong claims about security.
In May, the team's cybersecurity experience and the depth of applying artificial intelligence to intrusion detection were highlighted. This phone was built with a modified version of the Android mobile operating system called SirinOS, designed with the block chain feature in mind.
No doubt, the most noticeable security feature is the cold storage wallet. As described at the May Coin Desk (CoinDesk), this wallet is actually the second device in the same housing as the phone.
He said he had a separate processor and the user would interact with his wallet on the second LCD screen. Seed sphere is inserted only through that screen. This can be seen in the company's design video.
Sirin makes it easy for application authors to send free tokens to Finney users so they can use new applications in the company's "dCenter" or distributed application repositories.
"We offer incentives to users by providing incentives with air drop."
Moshe Hogeg, CEO of Sirin Labs, presented Finney's security features at Token Summit III on May 17, 2018. (Photo: Brady Dale)
Sirin Labs says from the start that Finney is working to make encryption easier to use.
For example, if you want to use another app, you do not have to pay for it in the right format. Finney was created to convert between different tokens as needed. Only BTC, ETH, and SRN are converted at launch.
When CoinDesk first reported to Finney, the company planned the exchange using the Bancor network. In May, swapping is performed in Sirin's own software.
One of the tokens running in the dapp repository is the sirin token. "The sirin token was originally designed as a utility token.
Its only utility is the current phone pre-order. You want to enable Finney-related features such as allowing phone users to later sell different bandwidths on the go. Future software development kits allow engineers to brainstorm and develop their own peer-to-peer use cases.
Like Bancor, the original plan was to strengthen these services with the Iota protocol, as previously reported, but Sirin Labs no longer plans. The SRN runs in the ethereum block chain.
Finney phone image by Sirin Labs
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