Sirin Labs’s Blockchain Phone Will Be Out in December

Sirin Labs’s Blockchain Phone Will Be Out in December

Finney, Sirin Lab’s first ever Blockchain phone launched Thursday in an event in Barcelona will start shipping as soon as December according to representatives of Sirin Labs. The phone will have a price of $999.

The device was founded with over $157 million in 2017 in an Initial Coin Offering and crowd sale event. It was the 4th largest ICO at the time. The company worked on the development early 2018 and it started a marketing campaign including Football start Leo Messi.

Following its launching in November and its delivery around mid-December, Sirin Labs will concentrate now in the development of All-in-one PC.

The phone is designed to carry around cryptocurrency. Finney is focused on security and it expects to raise the appetite for an improved user experience of the decentralized web and dapps with its hardware.

Finney will have a cold storage wallet that will allow people to have its wallet always with them in their phone.

User experience will be key in the Finney phone. The device will work as a marketplace of cryptocurrencies to be used. Sirin Labs’ technology will provide real time prices for most of the cryptocurrencies, so users will be able to buy apps or things with no care of what cryptocurrency the seller is using.

The price is $999, a competitive price for a phone which claims to be the first ever fully user experience friendly blockchain phone with a native mobile platform for DApps, a 12MP camera and 128GB built-in storage.

Finney will not be alone for too long

Following Finney, companies such as HTC and Pundi X have announced their plans to launch a Blockchain phone.

HTC launched the smartphone back in 2000, however, they are late for the Blockchain phone as they made the promise to have their phone ready to be delivered by the end of 2018. However, no announcements have been done and the year is almost finished.

On the other hand, Pundix X announced the XPhone at Consensus invest 2018. The phone will be able to use nodes as a connection, so it will need no cellular or data carriers. The mobile phone works with Function X.

“Function X, the new blockchain eco-system, also enables users to securely send and receive data of all kinds, via a new transmission protocol, FXTP, while a decentralized file storage system is known as IPFX,” says the press release. “Users will be able to share data in much the same way as they do online securely via the blockchain, while developers can quickly and easily publish decentralized applications via FXTP.”

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