Foxconn steps in to manufacture blockchain-based phone from Sirin Labs

Sirin Labs, in September 2017, announced the development of a smartphone designed to work on blockchain. After six months, the makers of the phone have finally found a manufacturer in Foxconn. 

The phone is named Finney, and it is said to automatically convert tokens for the use of decentralised applications, without needing to acquire different tokens through an exchange.

In simple words, the phone will allow you to store and shop using crypto currencies, and also allow you to earn tokens simply by sharing data connection with people around the phone. Where the open-source Android-based Sirin OS ensures better security throughout the process. 

As per Bloomberg, the handset is set to start shipping in October at an effective cost of $999. It will be available at eight physical stores in cities with active crypto communities, in countries like Vietnam and Turkey. 

Sudhanshu Singh

Sudhanshu Singh have been working in tech journalism as a reporter, writer, editor, and reviewer for over 5 years. He has reviewed hundreds of products ranging across categories and have also written opinions, guides, feature articles, news, and analysis. Ditching the norm of armchair journalism in tech media, Sudhanshu dug deep into how emerging products and services affect actual users, and what marks they leave on our cultural landscape.
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