SirinLabs Announces Joint Production of Foxconn's Blockchain Smart Phones

According to foreign media reports, Israeli technology company Sirin Labs announced that Foxconn, a subsidiary of Foxconn, will jointly manufacture the world's first blockchain smartphone, the Finney smartphone.

This mobile phone can safely store and use electronic currencies such as Bitcoin, and users do not have to pay transaction fees when trading virtual currency.

Sirin said that Finney smartphones can automatically convert tokens for use in decentralized applications, eliminating the need for users to redeem different tokens through exchanges.

At the end of last year, Sirin raised 157.8 million U.S. dollars through ICO, and they will use this money to support the development of open source blockchain smartphones and blockchain personal computers.

According to reports, Sirin plans to sell 100,000 to several million Finneys this year. There are already more than 25,000 people scheduled.

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