RATE Group | Sirin Labs Chooses Ethereum Over IOTA for Blockchain Smartphone
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Sirin Labs Chooses Ethereum Over IOTA for Blockchain Smartphone

06 Aug Sirin Labs Chooses Ethereum Over IOTA for Blockchain Smartphone

Posted at 22:44h in Ethereum News by

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Sirin Labs Finney smartphone
Sirin Labs Finney smartphone

Sirin Labs, the maker of the whopping US$16,000 Solarin Android smartphone is building a blockchain phone and have decided to build their new line of devices named “Finney” to work with a private Ethereum blockchain, rather than IOTA’s Tangle distributed ledger technology as initially stated in its whitepaper. 

“We are not working with IOTA. We considered the option and decided to path ways,” Nimrod May, chief marketing officer of Sirin Labs, told ETHNews.

“At launch, we are going to use the Ethereum blockchain. The Finney Phone will work through complete nodes that are hosted on Sirin Labs.

“Our plan since the release of our whitepaper, has always been to migrate the SRN token and Sirin Labs ecosystem to a next-generation blockchain.”

The Finney devices, which will include a smartphone and a PC, will run on Sirin Labs’ open source operating system Sirin OS. Sirin OS will be designed to support inherent blockchain applications such as a…

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