Sirin Finney is the world’s first blockchain phone and runs on its own custom operating system.
Switzerland-based startup Sirin Labs has launched a blockchain-powered smartphone called Finney.
So what is it exactly?
Well, first off, it is a smartphone. But more than that, the device is equipped with a secure wallet that supports major cryptocurrencies and tokens like Bitcoin. Basically, it can automatically convert tokens for the use of decentralised applications. Which means users don’t have to go through an exchange and won’t have to pay any fees. The company claims that it is the first of its kind in the market.
The Finney smartphone is resistant to tampering and comes with Sirin Labs’ cyber protection suite. This includes Behavioral-based Intrusion Prevention System (IPS), physical security switch (for wallet protection) and secured communications (VoIP, text, email). It has a three-factor authentication including biometric, lock pattern, and behavioral and is also tamper-proof.
It will be manufactured by Foxconn who also builds devices for Apple and Motorola.
Specs-wise, it sports a 6-inch fullHD+ display and runs on a Snapdragon 845 64-bit octa-core processor. It comes with a 3000mAh battery, 6GB of RAM and 128 built-in storage. The Finney has a 12MP back camera and an 8MP front-facing camera. It comes with a custom Android 8.1 Oreo pre-installed.
Design-wise, it is rather uncommon. The back of the phone appears to be glass and metal and the loudspeaker is located at the bottom part behind the phone. It has no buttons and has very thin bezels.
The Sirin Finney blockchain phone comes with a $999 price tag and is now available for pre-order on its website.
Facebook users may soon be able to make payments using its own cryptocurrency.
It was recently confirmed that Facebook has put together a team to work on Blockchain. Now, fresh media reports also claim that the social media giant is dipping its toes in developing its own cryptocurrency.
A report by Cheddar claims that the company “is quite serious” about this new venture. According to their source who asked to remain unnamed, it will potentially be geared towards payment transactions.
Although there aren’t any clear details as to what Facebook will really do with its own cryptocurrency, there’s one thing we know. The company isn’t planning to hold any initial coin offerings (ICO) with a limited number of tokens for purchase.
A Facebook spokesperson released a statement to The Verge but didn’t deny the possibility of developing their own crypto.
“Like many other companies, Facebook is exploring ways to leverage the power of blockchain technology,” the spokesperson said in an email. “This new small team will be exploring many different applications. We don’t have anything further to share.”
Facebook’s cryptocurrency efforts are currently being lead by David Marcus. The team’s responsibility is “to explore how to best leverage Blockchain across Facebook, starting from scratch.” The team would come under “New platforms and infra” run by Chief Technology Officer (CTO) Mike Schroepfer.
A new company, Bloc.Party launched the first video game console and collectible game pieces powered by blockchain, the identification system used in cryptocurrency. Controlled by a 24-inch touchscreen tabletop console that reacts differently to objects placed on the surface, it lets you play games your way. For instance, you can bring to life the game Plants versus Zombies by playing with real objects and action figures. The possibilities are endless on this toys-to-life console leveraging on the power of blockchain.
“PlayTable is a physical AND digital tabletop video game console”
Mash-up your favorite characters from Pokemon or Disney (or any toy) by putting data on it with an RFID (radio frequency tags) sticker and watch it assume characteristics and distinct sounds on the PlayTable. Its attributes of sound, touch, and feel can be changed.
The PlayTable is designed for 1-8 players interacting with it using cards, figures, dice, and smartphones. You can even trade digitized and physical toys on the table using your own rules. It’s an engaging and social experience that brings the fun of childhood into a game that can be played by adults. BYOT or bring your own toy levels up as adults channel their inner child in games of fun and strategy.
Game nights take a different turn for players in the 21st century. This giant laptop-like screen feels like that as players tap, poke, and swipe the screen while moving physical pieces and synching the console on their smartphones.
PlayTable was developed by gamers, engineers, and blockchain experts predominantly from Berkeley, Purdue, and Harvard who wanted to break traditional game boundaries with an extreme level of physical-digital interaction.
Although you can create your own game and customize characters, you can also play using PlayTable developed games. Its first game Battlegrid is like a smart Clash of Clans mashed-up with Harry Potter on steroids. It is a turn-based card game played by 2-4 players who transform the console into a Battlegrid arena where they take turns casting spells and moving pieces.
Initially, there are six characters – all potential heroes with their own skills and abilities. As the game gains momentum among users, more characters are in the works from the company. Cards can be customized with their own effects, spells, weapons, and even minions.
“Upgrade your characters with experience points, weapons, and armor …try out different strategies and Combos and fight for glory.” — PlayTable
However, unlike in other games, trading of pieces can be safely and securely done. Transactions and data are recorded using the Etherium blockchain and the distributed ledger is maintained across the network. Players can play anywhere and bring data, experiences, and abilities. With the development team that includes gaming and video fanatics as well as hardware, software, and blockchain experts from the academe and industry, more innovation is expected.
In the works are PlayTable versions of Settlers of Catan, Codenames, Ticket to Ride, and even Texas Hold ‘Em Poker. Already, there are over 100,000 reservations for the PlayTable that will be released late 2018 for $599. Early buyers can reserve their toy for an early-bird price of $349. Blok.Party CEO and Founder Jimmy Chen knows that his company is going to compete head-on with big players like Sony and Microsoft but he wants his innovative product to be within reach of those who find other game consoles too expensive – and with blockchain allow them to collaborate, grow, profit, and be creative.
Ethereum blockchain is an open-source, public distributed computing platform and operating system. This features smart contract functionality. It supports a modified version of Nakamoto consensus.
Ethereum’s Release And Platform
It was initially released last July 30, 2015. Its platform is x86, AMD64, ARM.
What is Ethereum
Ethereum is a decentralized platform for application that runs exactly as programmed. It has no chance of fraud, censorship, or third-party interference.
It is commonly associated with Bitcoin. But the blockchain technology has many other currencies that go way beyond digital currencies. Bitcoin is only one of the millions of applications which uses the blockchain technology.
By providing developers with the tools to build decentralized applications, Ethereum can may things possible.
Difference Between Ethereum And Bitcoin
Ethereum is a distributed blockchain network just like Bitcoin. Even so, there are some technical differences between the two. Ethereum and Bitcoin differ substantially in purpose and capability.
Bitcoin offers one application to blockchain, a peer to peer electronic cash system that enables online Bitcoin payments. While Ethereum blockchain focuses on running the programming code of any decentralized application.
What Is Ether
Ether is a necessary element for operating the distributed application platform Ethereum. It is a form of payment made by the clients of Ethereum to the machines operating the requested operations.
In other words, Ether is the incentive ensuring that the developers wrote quality applications, and that the network stays healthy.
Who Needs Ether
People who need ether are the developers who intend to build apps using the Ethereum blockchain. Users who want to access and interact with smart contracts in the Ethereum blockchain also need ether.
Relationship Between Bitcoin And Ether
Ethereum would never be possible without bitcoin, both the technology and the currency. Unlike bitcoin, Ether is to be treated as a “crypto-fuel”. Its purpose is only to pay for computation and not considered as currency, asset, share or anything else.
To sum it all up, Ethereum blockchain is responsible for running the programming code of any decentralized application while ether is its token used to pay for computations.
I’m sure that you have heard about Bitcoin and Crypto currency, right? Some of you might be wondering why other people invest a lot in this kind of “unstable business”. Well, allow me to enlighten you with the uses of crypto currency.
The Uses of Crypto Currency
1. De-corrupting for Charities
It can’t be denied that some charities are being corrupted by some people. With crypto currency, it is safe for people to send money to charities without the fear of being corrupted. Some charities use block chain in order to distribute donations to the needy.
2. Travel and Education
Using bitcoin for payments is not just limited to trading. It could also be used to pay for travel tickets and education. There are selected websites which accepts bitcoin as payment as well as some online academies which offers bitcoin as a method for paying tuition fees.
3. Wealth Management
This is the most usual reason why people go for crypto currency nowadays. People are investing and trading bitcoins because of its big value. There was even a time that one bitcoin was equivalent to $10,000. Big amount? I know right. In order to gain wealth through Bitcoin, one must not be afraid to invest. Yes, this involves investment. You have to spend money first to buy bitcoins and trade them if you want. But for this, you have to be very careful when trading or else you’ll find yourself crying because you lost a lot of money.
4. Safe to Use
It is fast and easy to use. Using cash requires time and effort to be sent to different people especially when you’re from different countries. Now, this crypto currency makes the task easier and more convenient. Internet is already becoming a necessity for people around the globe. With this, you can send bitcoins to your loved ones or to different merchants even without leaving your seat. It is also safe because the Government can’t take it away from you — corruption-free.
With Bitcoin usage skyrocketing, it may be a bit scary to invest a huge sum of money. But when you really think about it, crypto currency has a lot of uses. These are just some of the most common uses why people invest on it. There are still more when you dig deeper into it.