Published on July 11th, 2018 | by bitcoin0
Sirin Labs to release block-chain based smartphone
Sirin Labs, a Swiss-based smartphone developer, will release a blockchain-based phone in November this year, the company told Cointelegraph on July 11.
In December 2017, Sirin Labs raised $157.8 million for the project during their Initial Coin Offering (ICO), with $110 million gathered over the first 24 hours.
Sirin Labs had also previously released a privacy-focused smartphone in 2016, with a market price of $16,000.
The new blockchain-based phone, called Finney, is scheduled to go to market with an expected price of $1,000, Sirin Labs told Cointelegraph.
He also noted that Sirin Labs has plans to launch its own personal computer based on blockchain technology as well, which is “going to be even less costly than the phone.” Cointelegraph reported in April that Sirin Labs hopes to license their technology to other phone manufacturers.