The first blockchain smartphone!
Blockchain technologies aren’t limited to the virtual world. The foundation of decentralized cryptocurrencies such as Bitcoin and Ethereum is also being applied to hardware products.
Sirin Labs — the company that created the $14,000 Solarin smartphone — earlier this year announced a smartphone named Finney, which it claims is the only smartphone in the world that’s entirely secure. That means it is safe enough to hold cryptographic coins.
Today, Sirin has announced that Finney will come preloaded with mobile Ethereum client Status. The integration will enable seamless use of both the Finney and Status tokens.
Status, which successfully raised more than $100 million in less than 24 hours via its SNT token sale, is currently developing its solution — an open source messaging platform and mobile browser that allows users to interact with decentralized applications (dApps) that run on the Ethereum network.
That means Finney will come preloaded with the ability to access encrypted messages, smart contracts, digital currencies, and more.
”We have a commitment to the open source community to bring this technology to market,” Status cofounder 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.”
The combination of a secure smartphone and the Status messaging and browser platform is certainly an intriguing one, as it places a fully decentralized solution in its users’ pockets.
“Our goal is to standardize blockchain technology while maintaining a simple and friendly user experience,” Moshe Hogeg, founder and CEO of Sirin Labs, told VentureBeat. “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 smartphone, with Status preloaded, will be available next year
This is big news! Although you should try writing your own article.