Sirin Labs ICO details
Start Date: 2017-12-12
End date: 2017-12-25
SIRIN LABS – the developer of SOLARIN, an ultra-secure mobile phone – is holding a crowdsale event. Funds raised will support the development of FINNEY™, the first open source blockchain smartphone and all-in-one PC.
The current generation of smart devices compromises on user security. The focus is overwhelmingly on user experience, at a huge cost in fraud and cybercrime. We believe the digital economy of the future cannot tolerate this trade-off: device architecture demands a paradigm shift that enables true security, while maintaining excellent user experience.
FINNEY™ devices are the first cyber-protected, blockchain-enabled mobile phone and PC. They enjoy the functionality of Android™ OS, plus a suite of cyber security technologies, giving users safe, reliable access to the blockchain.
FINNEY™ devices form an independent blockchain network, a distributed ledger both scalable and lightweight, powered by IOTA’s Tangle technology and SIRIN LABS’ security ecosystem. FINNEY™ is free from centralized backbones and mining centers, capable of providing fast, fee-less and secure transactions.
FINNEY™ devices will run on SIRIN LABS’ open-source operating system, Shield OS™. This is designed to support inherent Blockchain applications, such as a crypto wallet, secure exchange access, encrypted communications, and a P2P resource sharing ecosystem for payment and apps, supported by the SRN token. The SRN is the FINNEY™ network’s default currency. Here are a few examples –
Stay connected while traveling abroad, using P2P data connection sharing over FINNEY™ devices network
Monetize FINNEY™ devices’ computer power while idle, sharing over the secure FINNEY™ network
Running low on battery is solved, by trading battery power with another FINNEY™ user
DAY TO DAY
Securely send and receive payments for services and products, using FINNEY™ fee-less transactions system
SIRIN LABS will partner with consumer electronics OEMs to promote the adoption of FINNEY™ architecture, the software platform, and the SRN currency. Both hardware and software platforms will be released as open source.