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INN4SCIENCE BLOG

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News

First Blockchain Smartphone Has Been Launched

blockchain smartphone

After one of the top-five the most successful ICOs in 2017, the blockchain smartphone Finney was marketed by Sirin Labs. A device will have a built-in cold storage wallet and DApp ecosystem and aims to extinguish the major competitors on the market.

The key features of Finney are its cold storage wallet physically separated from the hardware, a blockchain-oriented operational system called Sirin, cyber-threat detection driven by AI. Let alone the ability to exchange top cryptocurrencies Bitcoin and Ethereum and company’s tokens Sirin Labs directly with no need of a centralized exchange.

The smartphone can easily optimize the complex cryptocurrency operating process by replacing a computer, a ledger, a wallet and an exchange earlier required for transactions. It is noteworthy that the device has features on a par with industry’s leaders, being at least in the same league as iPhone XS.

However, some experts say, Finney will gain popularity only among niche market segment – cryptocurrency owners and won’t capture the mass market. And even in such a small market, the company has more than one competitor – HTC with its Pundi X and India-based XPhone. In any case, Finnie’s launch is a large step forward in blockchain and cryptocurrency popularization and making it easily-accessible for ordinary people.

Blockchain technology with all its benefits as decentralization, secure transactions, anonymity, transparency, and permanence is almost perfect for most business models. The constant attempts to make its usage quick, painful and easy demonstrates the industry’s growth and promises further development.

Whether you consider the opportunities of blockchain for establishing a new breakthrough business or level-upping an existing one it’s a great tool to create an amazing project! You may find out about your idea realization feasibility by asking us.

DO YOU HAVE ANY QUESTIONS?

LET'S DISCUSS! BOOK A CONSULTATION WITH OUR SPECIALIST


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