Yeah ! you read it right.
Sirin Labs , the company behind the $14,000 Solarin smart phone, is now developing an open source model that runs on a fee-less block chain (IOTA's tangle technology).
The device has given the name , The Finney Smart phone -- named in ther honor of Bitcoin pioneer Finney -- priced around $ 1000 , will be the world's first fully secure smart phone that will be safe to hold your precious cryptographic coins.
According to the Sirin Labs , all finney devices will form an independent block chain network powered by the IOTA's tangle technology , which will operate without miner's centers cluttering up the transaction process. These devices can only be bought with SRN token and it'll be the default currency of this network.These devices are operated by the Sirin Lab's OS which will be specially designed to support applications like crypto wallets , secure exchange access.
The Block Chain features are :
and the Technology Specifications are :
Sirin Labs is launching a crowd sale event this October (date to be confirmed) to support the phone's development process.
For more details about the project and Sirin Labs, visit : https://www.sirinlabs.com/
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Infromation Sources : sirinlabs.com & engadget.com