The first blockchain phone is coming.
[UNKNOWN] Labs announced the Finney phone and Finney PC.
It's a combo it calls the Finney device family.
Now the hook is that both can take advantage of blockchain applications and be a secure way to transfer and store cryptocurrency.
Bitcoin and other cryptocurrencies all work because blockchain technology is keeping track and verifying all transactions, but.
Block chain can be use in more things beside cryptocurrency.
We're entering an age where apps are starting to use it to keep all kinds of transaction running smoothly.
So, here is the company trying to get a head of this trend and create a phone that can bring all these distinctive apps that work with their own block chain.
The FINNY phone is essentially an android phone with a split personality.
You get all the android apps but you can switch over to the Sirin operating system for a more secure environment.
Woven into the phone is Sirin's own blockchain and currency verification system along with encrypted messaging.
It's a little bit thick for those not acquainted with blockchain.
The company's promo video Is so filled with jargon it's like a parody straight out of the HBO show Silicon Valley.>>Possibilities are endless.>>The way that it will work>>A less flashy video features the CEO of the company.
He's explaining how the users should not need to know the technology behind blog change to benefit from the extra security that's working in the background.
The video phone is available for pre-order now for around $1000.
And Bloomberg is reporting the phone is scheduled to ship in October.
This is not the first phone from Siron Labs.
In 2016, it came out with Solaren.
It's an Android phone that costs a whopping $16,000.
It's made of luxury materials and had extra layers of encryption.
I'm Bridget Carrie.
If you want a deeper dive into the block shame world, head to Cnet.com.
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