Blockchain phones will soon now become the latest in the fast-growing list of innovations in using the blockchain technology. In an era, where the majority of the technology development companies are now trying to outdo each other by developing the cutting edge blockchain related system, Foxconn is nowadays seeking to take the ‘Blockchain step’ in its sector by developing the blockchain enabled mobile phones.
FIH Mobile, a subsidiary of the Foxconn Technology Group, has now decided to help and develop a new range of blockchain enabled mobile phones called the “Finney” from its Sirin Labs. The new mobile phone would support the customer's store and transact digital currency more securely and faster with the zero transaction fee.
FIH Mobile, which is a subsidiary brand of Foxconn Technology Group, has now decided to help develop a new range of blockchain enabled mobile phones which are known by the name as “Finney” from its Sirin Labs. The new smartphone would help customers store and transact in the form of digital currency more securely and faster and that too at zero transaction fee.
In a tweet, today the Sirin Labs have expressed their excitement over the partnership with the Foxconn to develop a revolutionary blockchain phone.
This new blockchain device will come packed with some of the cool features. Not only it will integrate all kinds of digital tokens, but it will also make it easier to locate and purchase goods from the sites that accept the payments in the form of cryptocurrency. Users can even share their mobile Wi-Fi and receive and sent instant payment in the form of digital coins.
Taiwanese based Foxconn Technology Group is a global leader in the mobile phone business and has assembled the cutting edge technology devices like the iPhone series, the Kindles, Playstations series while the Sirin Labs is famous because it launched the Solarin mobile phone which is security oriented.
Finney mobile phone will also be going to be available as of now in the Turkey and Vietnam; moreover, Sirin Labs believe that it cans ell a few million devices this year.
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