Home Articles How World’s First Blockchain Smartphone can Secure Bitcoin

How World’s First Blockchain Smartphone can Secure Bitcoin

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Recently, world’s first blockchain smartphone was launched with the cryptocurrency wallet feature. Read on to know more about it…

Sirin Finney — world’s first blockchain phone and named after Bitcoin pioneer Hal Finney is finally available for customers. The phone, developed by Sirin labs, has a cryptocurrency wallet for a price of $1,000. The smartphone comes with an ‘Ultra Secure’ fingerprint censor and Google certified fork of Android. However, the phone’s cold storage cryptocurrency wallet makes it unique. The interesting bit here is that the cryptocurrency wallet is not connected to the internet, in order to prevent hackers from gaining access to your bitcoins and securely generate transactions. It also embeds a multi-layered cybersecurity suite comprising online and offline on-device cyber threat detection, protection from network attacks, host-based attacks, as well as unsecured device definitions.

Security Features
The unique sliding design of the Safe Screen is FINNEY’s strongest feature. It operates as the gateway to the crypto world by activating the cold storage wallet. Functioning on dedicated hardware and software, The Safe Screen’s separate power switch is how users will be able to access their wallet. The Safe Screen is also able to allow users to independently verify that FINNEY wallet transactions include the correct amount, the correct currency, and are being sent to the correct address. Thereby enabling users to verify that they’re not being tricked by malware or hackers looking to steal and send their cryptocurrencies or tokens to a fraudulent third party.

“It is with great pleasure that we’re today unveiling to the world the first blockchain smartphone, brought to you by one ambitious startup that was able to bring an idea to mass production in less than a year,” describes Moshe Hogeg, Co-Founder and Co-CEO. “We’re now proudly selling a flagship device that offers the user experience we have envisioned for our SIRIN OS. We’re taking a huge step forward in bridging the gap between the blockchain economy and the consumer market. Finney is the mobile and truly secure experience crypto holders have been longing for.”

SIRIN OS
Earlier this year SIRIN LABS chose electric giant FIH Mobile (Foxconn International Holding) to lead the manufacturing of FINNEY with SIRIN LABS leading the development of the cold storage wallet hardware, and its own operating system: SIRIN OS.

According to SIRIN Labs, SIRIN OS is an infrastructure platform for secure mobile transactions to enable blockchain functionality within a mobile environment. SIRIN OS, a Google-certified modification of Android, is designed to overcome the innate security challenges associated with the usage and storage of cryptocurrency on mobile devices. SIRIN OS enables the unique functionality of FINNEY including the cold storage crypto wallet and the native crypto wallet application, a behavioural machine learning based multi-layered cybersecurity suite, the Token Conversion Service (TCS) and embedded dCENTER.

According to SIRIN Labs, here’s more about the unique features of the SIRIN OS:

Embedded Cold Storage Wallet:
The wallet’s purpose is to protect user’s private keys (for multiple blockchains) and to securely generate transactions to aid crypto users through:

• A Full separate hardware from the device hardware
• Protecting your private key /credential and sensitive Action protected
• Generation and signage of secure blockchain transactions
• Connecting to an internet-enabled native wallet application only when a user-initiated transaction is made
• Firewall Embedded Rules engine

Multi layered cybersecurity suite:
FINNEY, the ultra-secure handset with machine learning based Intrusion Prevention System (IPS) is integrated from kernel to the application level and offers:

• Online and offline on-device cyber threat detection
• Protection from Network attacks
• Host-based attacks
• Unsecure device definitions

Finney smartphone comes with a unique concierge-like service called TCS (Token Conversion Service), allowing users to make crypto transactions for supported coins and tokens without the hassle of exchanges. At launch, TCS will support ETH (Etherium), BTC (Bitcoin), and SRN (Sirin Labs Tokens).

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