Home / Blockchain / Sirin Labs Token Surges 40% Over the Possible Release of Blockchain Smartphone

Sirin Labs Token Surges 40% Over the Possible Release of Blockchain Smartphone

Photo: SIRIN LABS

Photo: SIRIN LABS

The cryptocurrency market is today. Almost all of the popular cryptocurrencies are showing recovery as of now. However, one cryptocurrency which has been managed by the Sirin Labs Token (SRN). At the press time, Sirin Labs Token is 37.5% high and trading at $ 0.092. The existing market cap of SRN token is $ 45 million.

Sirin Labs is the same company to launch the world's first smartphone blockchain FINNEY. The smartphone is now available for pre-order on its official website at a price of $ 999. Also, note that Sirin Labs is the same company behind the launch of the world's most secure SOLARIN handsets. Moreover, Sirin Labs has collaborated with Foxconn International Holding (FIH) for the production of FINNEY.

FINNEY Smartphone Features

Earlier this year in May 2018, Sirin Labs unveiled the specs of the handset FINNEY. The FINNEY handset boasts pretty impressive specs that are absolutely suitable for the next generation blockchain technology.

FINNEY phone will pair Qualcomm Snapdragon 845 with 6GB RAM and 128GB storage. On the front imaging, the phone will pack a 12-megapixel, f / 1.8 lens with laser autofocus, while up front you'll find an 8-megapixel, f / 2.2 snapper with an 85-degree angle. Nestled beneath that is the fingerprint sensor, while the 6-inch, 18: 9 display has a pixel density of 402PPI.

The USP major of the handset is the "built-in cold storage crypto wallet". Crypt storage, the offline cold storage solution is today's primary requirement. Moreover, the additional features includes a secure P2P resource sharing and distributed ledger consensus.

It has a strong foothold. It includes the Behavioral based Intrusion Prevention System (IPS). It also has a dedicated physical security switch for wallet protection. Moreover, it also offers three-factor authentication: Biometric, Lock Pattern, Behavioral.

FINNEY will be facilitated users seamless and automatic token conversions for the use of different decentralized applications, without the hassle of obtaining the different tokens through an exchange.

The Primary Reason Behind the Surge of SRN Token

The most important reasons for this year are the surge in the hands of the company. According to the July 2018 announcement, the handset was likely to hit the market this month in November. It looks as if the announcement is two anytime soon.

FINNEY 's entry into the market can be a game with the growing adoption of blockchain across different industries. But note that Sirin Labs is not the only player in this game. Taiwanese handset manufacturer HTC also announced its blockchain-powered handset HTC Exodus earlier this year in May 2018. The HTC Exodus will also boast features like a native cold-storage wallet along with the ability to host decentralized applications.

HTC Exodus will also support underlying protocols such as Bitcoin, Lightning Networks, Ethereum, Dfinity, and other major networks.

The growing competition in the blockchain-powered handset can ultimately prove beneficial to its supporters.

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