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Finney (blockchain smartphone)

Product
Developers: Sirin Labs, Foxconn (Hon Hai Precision Industry)
Date of the premiere of the system: April, 2018
Last Release Date: 2019/05/15
Branches: Electrical equipment and microelectronics
Technology: Tablet computers and smartphones

Content

2019

Implementation of function of purchase of cryptocurrency using credit cards

Shveytsarsko-the Israeli the company Sirin Labs Kenesa Rakisheva announced upgrade of the built-in purse of crypto smartphone Finney. Yandex Reported about it on May 15, 2019. integration Simplex in service of converting of tokens (Token Conversion Service) is made smartphone. It allows users of FINNEY to purchase cryptocurrency with the help credit card directly via the smartphone.

Implementation of function of purchase of cryptocurrency using credit cards

At the same time support of 8 additional languages - Turkish, Vietnamese, by Hindi, Tagalog, Italian, Romanian, Slovenian and German is added. The functionality of reading QR codes is improved. For use the users added cryptopurse opportunities need to update the FINNEY Wallet application through Google Play.

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Finney is a leader in the world of cryptosmartphones. It lays a way for promoting of blockchain technology to masses. Such giants IT of the industry as Samsung which announced plans of implementation of cryptopurses in the future models follow in our footsteps. We made it in 2018.
Kenes Rakishev, chairman of the board of Sirin Labs
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According to Kenes Rakishev, integration of Simplex into Finney is a bright example of the fact that every day of transaction with cryptocurrency become more available to the increasing number of users.

Integration of a purse of MyEtherWallet

On March 22, 2019 the company Sirin Labs reported about integration cryptocurrency a koshelyok MyEtherWallet (MEW) in blockchain-smartphone Finney.

This integration will allow users to get access to the means of Ethereum through the MEWconnect web interface without any additional loadings and will provide to users the high level of security throughout all process of transactions. Consolidation of two players in the market of services creates simple and convenient access to Ethereum.

Users a blockchain smartphone will have an opportunity to use the MEW interface in the device. Besides, users of desktop and mobile version of MEW will be able to purchase the Finney phone, having paid purchase directly from a purse. In fact, it is the integration allowing to buy directly via the cryptocurrency wallet goods. If the experiment is recognized successful, emergence and other goods connected with technologies of a blockchain, integrated into e-wallets is possible.

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The purse of MEW is one of the most popular in the cryptoindustry. Partnership of SIRIN LABS and MyEtherWallet will significantly simplify process of commission of transactions. We are sure that partnership with MEW will accelerate process of mass distribution of cryptocurrencies and will simplify access to digital currencies for all comers. Thanks to efforts of both companies on improvement both security, and the user experience, we will continue to grow and bring a blockchain and cryptocurrencies in masses. Finally this mutually advantageous partnership which allows two companies to increase the share in the market. Products of each other supplement.
Kenes Rakishev, chairman of the board of directors of Sirin Labs
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Opening of shop on sales of Finney in London

On January 16, 2019 it became known that Shveytsarsko-the Israeli the company Sirin Labs opened shop on sales blockchain-smartphone Finney in the center London, in the Area of Mayfair.

Finney

The platform will function in quality a blockchain academy for cryptocommunity and all who are interested to learn more about blockchain technology. Read more here.

2018

The agreement on availability on Amazon

On October 24, 2018 Sirin Labs announced conclusion of an agreement with online retailer Amazon that smartphone with a possibility of commission of transactions and storages cryptocurrencies of FINNEY it will be available to online orders in Great Britain Franciums Italy, Spain and Germany and also that these countries will serve as the distributor centers for all The European Union.

The FINNEY smartphone will be available on Amazon

Sales of the device start on December 15, 2018.

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Cooperation with Amazon is a step forward and the evidence of interest in FINNEY not only of consumers, but also strategic players of the market of e-commerce. It will allow to perform the broadest distribution of the device in EU countries.
Kenes Rakishev, chairman of the board of directors of developer company of SIRIN LABS
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Operating system smartphone allows to support blockchain-applications, such as cryptocurrency wallets and allows to perform safe transactions. FINNEY will become the smartphone in which it will be safely possible to contain cryptocurrencies.

In the smartphone there will be an internal memory of 256 GB and the 16-megapixel camera. Security is guaranteed by the patented Cold Storage Crypto Wallet technology – the removable cryptopurse excluding a possibility of cracking of the smartphone.

The announcement of the updated design

Finney, July, 2018

On July 13, 2018 the Sirin Labs company provided the updated design of the Finney cryptosmartphone.

Distinctive features of the provided device became:

  • The safe screen with the protected sensor for the built-in purse which protects from the harmful attacks.
  • Design
  • 3D Gorilla Glass is as in front, and behind the device.
  • The opaque back cover executed of 3D - glass.
  • The high glossy, concave metal framework closes phone and protects from blows
  • Thin body
  • Metal elements on a panel include the camera, sensors and the fingerprint scanner.
  • The cryptosmartphone is intended for satisfaction of requirements both experienced users of cryptocurrency, and beginners.


Beginning of production

At the beginning of April, 2018 the announcement first-ever a blockchain smartphone took place. The model under the name Finney is developed by the Swiss-Israeli company Sirin Labs, and the Taiwan Foxconn was engaged in its contract manufacturing.

The device is intended for safe storage and transfer of cryptocurrencies, like bitcoin, with the minimum commissions. Besides, the gadget can bring to the user tokens for providing to other users connection to network. The security of transactions is provided by own Sirin Labs operating system. In it the alerting system of invasions (IPS) based on behavioural and machine learning for active protection of cyber security is used.

Finney smartphone

Cryptocurrency services in a tube are activated using the physical switch, and access to the device is provided using scanning of a retina, a fingerprint and the simple password.

Originally Sirin Labs is going to sell Finney through eight shops located in Vietnam and Turkey. By the beginning of April, 2018 the producer received more than 25 thousand preorders on purchase of smartphones. It is until the end of the year going to produce not less than 100 thousand copies, and at high demand of delivery can be measured by several million pieces.

In addition to assembly of phone, Foxconn took part in its development. Sirin Labs is going to sell licenses for the software to other producers of devices, the founder of a startup Antti Saarnio told Bloomberg. According to the agency, negotiations with Huawei are conducted.

Sirin Labs notes that in case of the conclusion of such transactions the cost of Finney can significantly be reduced — since 1000 to 200 dollars. The smartphone is completed with the 5.5-inch display, 6 Gbytes of operational both 64 Gbytes of a fixed memory and two cameras — with the resolution of 12 and 13 megapixels.[1]

Notes