Fox­conn and Sirin Labs to cre­ate world’s first block­chain smart­phone

Electronics Bazaar - - Industry News -

Swiss con­sumer elec­tron­ics com­pany, Sirin Labs, has signed a new agree­ment with Fox­conn In­ter­na­tional Hold­ing (FIH) Mo­bile, a sub­sidiary of lead­ing elec­tron­ics man­u­fac­tur­ing com­pany Fox­conn, that will see the two com­pa­nies work­ing to­gether to bring Sirin Labs’ Finney block­chain-based smart­phone to life.

Set to be­come the world’s first block­chain-based smart­phone, Finney smart­phones will have sev­eral in­no­va­tive fea­tures in­clud­ing a cold stor­age crypto wal­let. Ac­cord­ing to Sirin Labs, this will en­able seam­less and au­to­matic to­ken con­ver­sions for the use of dif­fer­ent de­cen­tralised ap­pli­ca­tions, without the has­sle of ob­tain­ing the dif­fer­ent to­kens through an ex­change, thus sim­pli­fy­ing the user ex­pe­ri­ence.

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