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Coin Review: Sirin Labs

Sirin Labs is a blockchain project based out of London and is set to create the world’s first blockchain smartphone “Finney”. Having raised 157M USD last year in what was the 4th largest ICO at the time, Sirin Labs is a project ripe with potential, with a launch date set for later this year.

Sirin OS

Sirin Labs mobile OS is marketed as secure enough for the storage and use of cryptocurrencies in a mobile environment. It is an overlay on the Android OS and users have the ability to download applications from the Play Store. What sets it apart is a device-wide security enhancement and a built-in cold storage wallet. Additionally, Sirin OS comes equipped with a proprietary Token Conversion Service enabling seamless and automatic exchanges between supported tokens and coins. Users also benefit from Sirin’s decentralised application store (dCENTER) where the SRN token can be used for purchases. To maximise user security, Sirin OS utilises a tamper-proof blockchain-based Intrusion Prevention System, provides a three-factor (biometric, lock pattern and behavioural) based authentication protocol, secures text, email and VOIP communications and is integrated with a physical security switch on Finney for additional wallet protection.

Finney

Finney is Sirin Lab’s flagship mobile device. The device is constructed with 3D Gorilla Black on the front and back of the device, and is contained in a high gloss metal frame, with a thin bezel surrounding the display. Finney comes equipped with a metallic shield element accommodating the device’s camera, sensors and fingerprint scanner, and most innovatively, a secured touch Safe Screen for the built-in cold storage wallet. A Google certified device running Android 8.1, Finney runs a Snapdragon 845 processor with 6 GB RAM, 128 GB storage memory and an SD card slot for expanding memory. To purchase the device, SRNs must be used. Early adopters will receive a 10% discount off the target retail price of 999 USD when they pre-order the Finney.

View to the Future

Sirin Labs is the company behind the security-centric 14K USD Solarin smartphone and plans on launching an all-in-one gaming PC after releasing Finney to create an independent blockchain network powered by IOTA’s Tangle technology. The network will be decentralised across devices running the Sirin OS and the project demonstrates potential for meaningful returns on investment. While some view Sirin Labs as ahead of its time, the company has undertaken steps to make the Finney a cheaper and more secure device than its predecessor, and is backed by Leo Messi Management, The Alignment Blockchain Group, Bancor and Kuende . Indicative of investment potential, SRNs are currently trading at 0.13 USD and may experience considerable appreciation once Finney is officially released and once more when the project releases their PCs.

 

 

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