Sirin labs, the developer of the highly secure Solarin smartphones, has announced an open-source smartphone that will run on a fee-less blockchain.
The company is launching a crowdsale event this October to support the development of Finney line, which will originally comprise an open source, security-centric smartphone and an all-in-one PC, will utilize the core technology of the Solarin device but “re-engineered to the crypto crowd” to meet these users’ special needs.
The Finney family of devices will be the first of their kind to be designed specifically for the blockchain generation. It combines the functionality of Android OS with an ultra-secure blockchain enabled environment.
According to an official press release, all Finney devices will form an independent blockchain network powered by the IOTA’s Tangle technology. It will not operate under any centralized backbones or mining centers.
“We’re paying close attention to the feedback we’ve received for Solarin, and while Solarin is still being sold and serviced, we decided to take the core offering and to wrap it with a new sleek design that’s a fraction of the cost, so it can serve the crypto community and their growing need for enhanced security,” said Moshe Hogeg, CEO and Founder of Sirin Labs.
The new devices will run on a Sirin Labs operating system that will be designed to support Blockchain applications such as crypto wallets or P2P resource sharing ecosystem, using SRN token as default currency.
Sirin Labs cyber protection suite will provide added security features like Three-Factor authentication and physical security switch.
Finney smartphones will come with :
- 5.2-inch QHD display
- 256GB of internal memory storage
- 8GB RAM
- Wi-Fi 802.11ac
- BT 5.0
- 16MP main camera
- 12MP wide-angle front-facing camera
The blockchain features and cyber protection suite will include:
- Secure P2P resource sharing
- Built-in cold-storage crypto walletFast, fee-less, blockchain
- Behavioral-based Intrusion Prevention System (IPS)
- Blockchain based, tampering proof verification
- Physical security switch (for wallet protection)
- Secured communications (VoIP, text, email)
- Three-Factor authentication: Biometric, Lock Pattern, Behavioral
The earlier venture by this company, $14000 Solarin smartphone, saw just $10 million in sales which might have been a factor in laying-off of one-third of its staff.
CEO and Founder of SIRIN LABS, Moshe Hogeg, said that the world cannot truly embrace digital economy without a change in device architecture to enable true security, without compromising on user experience.
The Finney devices will be available next year. Do you think the cryptocurrency community will embrace the Finney family of devices? Share your thoughts in the comments below.