Sirin Labs, based in Israel, unveils "the world's first blockchain smartphone" – Israel News

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Sirin Labs, based in Israel, unveils the world's first blockchain smartphone

Finin by Sirin Labs, the "first ultra safe blockchain smartphone in the world".
(photo credit: SIRIN LABS)

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Sirin Labs, a mobile IT security start-up based in Tel Aviv, announced on Thursday the commercial launch of Finney, the "world's first ultra-secure blockchain smartphone".

After announcing plans for smartphone creation in September 2017, the company moved into production and production after raising $ 157.8 million in crowdfunding.

With a price tag of $ 999 and approved by the Lionel Messi brand ambassador, Finney's price is significantly lower than the previous Sirin Labs product: the $ 16,000 Solarin smartphone designed for those seeking maximum mobile security.

The company's latest invention, named after Bitcoin's computer scientist and pioneer Hal Finney, offers a built-in cold storage portfolio to protect blockchain private keys, a multilevel computer security suite, an innovative cryptographic service and uses Sirin OS's Sirin OS operating system.

"It is with great pleasure that today we are unveiling to the world the first blockchain smartphone, presented by an ambitious start-up that has been able to bring an idea for mass production in less than a year", said Sirin Labs. founder and co-CEO Moshe Hogeg.

"We are now proudly selling a flagship device that offers the user experience we have imagined for our Sirin system: we are making a huge leap forward in bridging the gap between the blockchain economy and the consumer market. # 39; Mobile experience and really sure the holders of cryptography have craved ".

Sirin Labs, who collaborated with the international Foxconn FIH Mobile subsidiary for the production of Finney, will open two flagship concept stores in London and Tokyo following the launch of the product. The London store of the company will also function as a blockchain academy for those interested in decentralized financial technology.

"In an increasingly insecure digital world where hackers around the world are ready to steal everything they can, consumers need a product that gives them confidence that their data is safe," said Kenes Rakishev, president of Sirin Labs.

"Without any solution available until now, many scrambled users took a step back towards a more primitive time and used paper and pen to record their private key code. These and other" cold storage "solutions are impenetrable to hacks but they are also totally impractical for modern life ", added Rakishev.

"Finney is unique and is the only phone with a built-in cold storage portfolio, there's more on the market."

Finney is currently available for sale on the Sirin Labs website and will be available on Amazon Launchpad starting January 2019

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