This is the smartphone specially created for the use of cryptocurrencies with Blockchain technology Are we at the height of the cryptocurrencies? It is difficult to know. The truth is that its use is beginning to expand globally, while the price of its currencies suffer several years and come, due to the regulations and restrictions of several countries. The Bitcoin and other cryptocurrencies like the Ethereum- are a digital means of decentralized exchange that uses encryption methods to verify the transfer of funds and ensure that they perform safely through technology Blockchain. That is why, as we can imagine, to be able to operate with these cryptocurrencies you need devices that ensure highly reliable and safe methods for carrying out the transactions. This is the objective on which the emerging company Sirin Labs has been based to create its smartphone, Finney.
— SIRIN LABS (Not giving away ETH) (@SIRINLABS) September 26, 2017 The manufacturer of Solarin, the super smartphone of $16,000, has created a smart mobile phone especially dedicated to the use of cryptocurrencies, offering an open source environment safe enough to be able to operate with them.
Encryption technology for the use of cryptocurrencies
The Finney smartphone from Sirin Labs is a device with a somewhat advance guard design and elegant lines, which has a 5.2-inch QHD screen, 256GB of internal storage and 8GB of RAM. In addition, it incorporates a rear camera of 16-megapixels and another front with a wide angle sensor of 12-megapixels. All managed by Shield OS, a layer of customization based on Android. Similarly, this portent of security will cost nothing more and no less than 999 dollars at the time of launch. Regarding this, it is important to note that the company has chosen a collective financing campaign (crowdfunding) as a method to finance the device, the exact date of its release is still unknown. Finally, this particular smartphone (based on Hal Finney, one of Bitcoin’s pioneers) uses a behavior-based intrusion prevention system to prevent malicious access. It also includes tools for encryption of messages and files and an authentication system based on three factors: biometric, password and behavior, as highlighted in Engadget. But, it will not come alone. As we can see on its official website, this mobile phone will be complemented with an All in One computer, through which it will be possible to carry out transactions with the cryptocurrency token SRN without having to go through intermediaries, which facilitates the transaction between users with this virtual currency. So, what do you think about this? Simply share your views and thoughts in the comment section below.