The first blockchain smartphone is coming soon

Swiss-Israel joint venture technology company Sirin Labs announced that Hon Hai, a subsidiary of Hon Hai, will produce Finney blockchain smartphones for the company. According to Sirin Labs, Finney is the world's first blockchain smartphone; it features securely storing and using electronic cryptocurrencies such as Bitcoin, and users do not have to pay fees when using cryptocurrencies for online transactions. .

Insiders pointed out that the focus of blockchain mobile phones is “not a mobile phone but a blockchain”. Mobile phones will save these currencies with the highest security for those who use cryptocurrencies, and can make point-to-point payments (P2P) and Communication encryption.

The first blockchain smartphone is coming soon

The main sales target for blockchain mobile phones will be the existing cryptocurrency community. These people are very interested in the dissemination of blockchain products and the subsequent services derived from blockchain technology. Many blockchain technologies have begun to develop applications other than cryptocurrencies, and even derived ecosystems. In the long run, it may be used by the average consumer in the future, but it is still the main target of cryptocurrency community users.

Many blockchain technologies have begun to develop applications other than cryptocurrencies, and even derived ecosystems. In the long run, consumers may use blockchain phones in the future, but they still use cryptocurrency users as the main target.

In November last year, Sirin Labs received $157.78 million through the first token issue (ICO), which the company used to develop open-source blockchain smartphones and blockchain personal computers.

Bloomberg reported that Finne mobile phones are scheduled to be officially shipped in October this year. The future will be launched in markets such as Vietnam and Turkey. Sirin Labs expects Finne phones to reach sales of 100,000 to millions of units this year.

At present, Finney mobile phone pre-order has reached 25,000 units.

The first blockchain smartphone is coming soon

As for Hon Hai, the blockchain mobile phone that will be found by the founder is named Finney, also for the bitcoin pioneer Hal. A tribute to Hal Finney, when Bitcoin came out in 2009, Finney accepted ten bitcoins from Bitcoin inventor Nakamoto to complete the first bitcoin transaction in history.

Regarding blockchain phones, Sirin Labs is not the first vendor to propose. At the end of March this year, Lenovo released its first blockchain mobile phone, the S5, which only used the “blockchain” technology at the bottom of the Z-space payment area system to make the payment process safer. In addition, candy also launched the "Candy Creation Blockchain Mobile Phone" in January this year, and Changhong also launched the R8 Unicorn mobile phone with blockchain technology in March.

In addition to these vendors, Huawei, the world's third-largest smartphone shipment, has previously expressed its intention to work with Sirin Labs to jointly develop blockchain applications that can run on the Android operating system, demonstrating considerable attempts. heart.

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