Sirin Labs unveils dual-screen design for its FINNEY blockchain smartphone

Sirin Labs’ FINNEY smartphone.

Images: Sirin Labs

Sirin Labs, the company that two years ago launched the ultra-secure, ultra-expensive ($14,800) Solarin smartphone, has now finalised the design and specification of its next offering. FINNEY looks very similar to Solarin, but costs nearly 15 times less ($999) and features a secondary slide-out touch screen that provides a window on an embedded cold storage crypto wallet. It’s this, plus extra functionality provided by Sirin OS — a security-hardened fork of Android 8.1 — that underlies Sirin Labs’ claim that FINNEY is the “first-ever blockchain smartphone”.

“We were wondering what prevents crypto-currencies from hitting the mass market, and we identified two main problems,” Nimrod May, chief marketing officer at Sirin Labs, told ZDNet. “One is around security: for the first time in history, users need to take care of their own assets, without the ability to approach a central organisation like a bank. The other main problem with blockchain is the user experience: we [crypto enthusiasts] manage to obtain our cryptos, we know where to trade them, we understand the technology behind it — but it’s still something that’s considered complicated for the average user.”

“The vision of Sirin Labs right now is to bridge the gap between the blockchain economy and the mass market, by basically addressing and resolving these two inherent problems,” May explained.

SEE: How blockchain will disrupt business (ZDNet special report) | Download the report as a PDF (TechRepublic)

As well as the cold storage wallet, which is activated (or ‘warmed’) when FINNEY’s two-inch Safe Screen slides out, Sirin OS provides a multi-layered cyber-protection suite that includes a behaviour-based intrusion protection system (IPS), secure communications (voice, text and email), and multi-factor authentication. Other key features available at the smartphone’s planned November launch will be a Token Conversion Service (TCS) and a proprietary DApp (decentralized application) store alongside the regular Google Play store.

“The TCS prevents the need for users to go and try and get different coins from different exchanges while using decentralized applications,” said May. “It’s going to be a very seamless experience: you want to roam from one application to another, and they all require different tokens, but you don’t want the hassle of trying to get these tokens from different exchanges.” With Sirin Labs’ one-stop-shop TCS, the transfers and transactions needed to make a purchase using a coin that’s not currently held in your wallet all happen in real time.

Phase two of the FINNEY roll-out, in 2019, will add a peer-to-peer (P2P) blockchain network to connect the devices and run the economy based around Sirin’s SRN token. “We have ongoing development efforts and discussions with the Cardano team, and with the Iota team and other emerging blockchain protocols,” said May. “We need to understand what is the most scalable one, that can make the dream of running a full ecosystem with blockchain and decentralized applications — it might even result in our own blockchain network,” May added. Sirin Labs will also release an SDK to enable the development of DApps that benefit from a fee-less P2P resource-sharing system.


The 2-inch Safe Screen slides out from the top of the FINNEY smartphone, activating the integrated cold storage crypto wallet.

Images: Sirin Labs

Here are the specs for the FINNEY smartphone, which will be manufactured by Foxconn:


Image: Sirin Labs

As you can see, FINNEY has a perfectly respectable 2018 flagship smartphone spec, although some users may hope for better than IP52 dust and water resistance (5=’dust protected’, 2=resistant to ‘dripping water’). When asked about the possible load imposed by the crypto wallet subsystem on the 3,280mAh battery, Sirin Labs’ co-CEO Zvika Landau pointed out that, since it will be disconnected for most of the time in normal usage, “it won’t have a real impact on power consumption”. Note, though, that there’s no mention of wireless charging.

To fund FINNEY, Sirin Labs held an ICO based on its SRN token, raising a total of $158 million by the end of the sale on 26 December 2017. What kinds of people invested? “It’s a mixture between institutionals and big crypto investors — about two-thirds in our case — and crowdsale,” said May. And who is the phone for? “When you deep-dive and try to understand who is the ideal customer, they are millennials,” replied May.

What kind of DApps does Sirin Labs envisage running on its blockchain ecosystem? “We’re constantly on the look-out to understand what’s going to be the next generation of decentralized applications that’s going to be mass-adopted,” said May. “We’re looking for Uber-like blockchain companies — the Brave browser, for example, or consumer-facing apps like Cryptokitties.”


Will blockchain prove to be the next killer app for smartphones? Sirin Labs is betting that it will, and is seeking to licence its Sirin OS to other vendors, in a conscious echo of Google’s strategy with Android. Huawei has been flagged as a potential Sirin OS licensee, while HTC’s Exodus is a very similar proposition — although Sirin Labs executives wouldn’t confirm whether it has Sirin OS onboard.

As noted above, Sirin Labs expects to launch FINNEY in November at a cost of around $999 (or the equivalent in SRN tokens), with Argentine soccer superstar Lionel Messi as the company’s brand ambassador. To help build momentum behind FINNEY, Sirin Labs plans to transform its London store into a blockchain ‘knowledge centre’ and open nine more over the next 18 months, starting with Tokyo and the US.

Sirin Labs forecasts sales of 100,000 FINNEY units for the first year, and is confident of going “far beyond” that, says co-CEO Landau. We look forward to a hands-on test later this year.


How Blockchain Will Disrupt Business
Blockchain has the potential to rewrite the economy and change the balance of power across industries. It also has specific uses for the enterprise.

Sirin Labs launches ultra-secure, ultra-expensive Solarin smartphone
It’s the ‘best’ and ‘most secure’ phone ever made, its maker claims.

Facebook holds ICO ban but allows ‘approved’ cryptocurrency ads
The social network has tweaked its financial product scam ban, now allowing ads that promote cryptocurrency and related content from pre-approved advertisers only.

SEC director says Ethereum does not fall under securities regulation
The price of the cryptocurrency surged after the US watchdog weighed in on the debate.

Coinbase to add Ethereum Classic to exchange within months
The price of Ethereum Classic has surged in response to the announcement.

Rising smartphone prices prompt buyers to keep phones longer, buy refurbished devices (TechRepublic)
As the price of flagship smartphones climbs past $1,000, consumers are keeping their phones for longer periods of time and buy more refurbished devices, according to a new report from IDC.

Be the first to comment

Leave a Reply

Your email address will not be published.


Privacy Policy is committed to safeguarding your privacy. Contact us at if you have any questions or problems regarding the use of your Personal Data and we will gladly assist you.

By using this site or/and our services, you consent to the Processing of your Personal Data as described in this Privacy Policy.

Table of Contents

  1. Definitions used in this Policy
  2. Data protection principles we follow
  3. What rights do you have regarding your Personal Data
  4. What Personal Data we gather about you
  5. How we use your Personal Data
  6. Who else has access to your Personal Data
  7. How we secure your data
  8. Information about cookies
  9. Contact information


Personal Data – any information relating to an identified or identifiable natural person.
Processing – any operation or set of operations which is performed on Personal Data or on sets of Personal Data.
Data subject – a natural person whose Personal Data is being Processed.
Child – a natural person under 16 years of age.
We/us (either capitalized or not)

Data Protection Principles

We promise to follow the following data protection principles:

  • Processing is lawful, fair, transparent. Our Processing activities have lawful grounds. We always consider your rights before Processing Personal Data. We will provide you information regarding Processing upon request.
  • Processing is limited to the purpose. Our Processing activities fit the purpose for which Personal Data was gathered.
  • Processing is done with minimal data. We only gather and Process the minimal amount of Personal Data required for any purpose.
  • Processing is limited with a time period. We will not store your personal data for longer than needed.
  • We will do our best to ensure the accuracy of data.
  • We will do our best to ensure the integrity and confidentiality of data.

Data Subject’s rights

The Data Subject has the following rights:

  1. Right to information – meaning you have to right to know whether your Personal Data is being processed; what data is gathered, from where it is obtained and why and by whom it is processed.
  2. Right to access – meaning you have the right to access the data collected from/about you. This includes your right to request and obtain a copy of your Personal Data gathered.
  3. Right to rectification – meaning you have the right to request rectification or erasure of your Personal Data that is inaccurate or incomplete.
  4. Right to erasure – meaning in certain circumstances you can request for your Personal Data to be erased from our records.
  5. Right to restrict processing – meaning where certain conditions apply, you have the right to restrict the Processing of your Personal Data.
  6. Right to object to processing – meaning in certain cases you have the right to object to Processing of your Personal Data, for example in the case of direct marketing.
  7. Right to object to automated Processing – meaning you have the right to object to automated Processing, including profiling; and not to be subject to a decision based solely on automated Processing. This right you can exercise whenever there is an outcome of the profiling that produces legal effects concerning or significantly affecting you.
  8. Right to data portability – you have the right to obtain your Personal Data in a machine-readable format or if it is feasible, as a direct transfer from one Processor to another.
  9. Right to lodge a complaint – in the event that we refuse your request under the Rights of Access, we will provide you with a reason as to why. If you are not satisfied with the way your request has been handled please contact us.
  10. Right for the help of supervisory authority – meaning you have the right for the help of a supervisory authority and the right for other legal remedies such as claiming damages.
  11. Right to withdraw consent – you have the right withdraw any given consent for Processing of your Personal Data.

Data we gather

Information you have provided us with
This might be your e-mail address, name, billing address, home address etc – mainly information that is necessary for delivering you a product/service or to enhance your customer experience with us. We save the information you provide us with in order for you to comment or perform other activities on the website. This information includes, for example, your name and e-mail address.

Information automatically collected about you
This includes information that is automatically stored by cookies and other session tools. For example, your shopping cart information, your IP address, your shopping history (if there is any) etc. This information is used to improve your customer experience. When you use our services or look at the contents of our website, your activities may be logged.

Information from our partners
We gather information from our trusted partners with confirmation that they have legal grounds to share that information with us. This is either information you have provided them directly with or that they have gathered about you on other legal grounds. See the list of our partners here.

Publicly available information
We might gather information about you that is publicly available.

How we use your Personal Data

We use your Personal Data in order to:

  • provide our service to you. This includes for example registering your account; providing you with other products and services that you have requested; providing you with promotional items at your request and communicating with you in relation to those products and services; communicating and interacting with you; and notifying you of changes to any services.
  • enhance your customer experience;
  • fulfil an obligation under law or contract;

We use your Personal Data on legitimate grounds and/or with your Consent.

On the grounds of entering into a contract or fulfilling contractual obligations, we Process your Personal Data for the following purposes:

  • to identify you;
  • to provide you a service or to send/offer you a product;
  • to communicate either for sales or invoicing;

On the ground of legitimate interest, we Process your Personal Data for the following purposes:

  • to send you personalized offers* (from us and/or our carefully selected partners);
  • to administer and analyse our client base (purchasing behaviour and history) in order to improve the quality, variety, and availability of products/ services offered/provided;
  • to conduct questionnaires concerning client satisfaction;

As long as you have not informed us otherwise, we consider offering you products/services that are similar or same to your purchasing history/browsing behaviour to be our legitimate interest.

With your consent we Process your Personal Data for the following purposes:

  • to send you newsletters and campaign offers (from us and/or our carefully selected partners);
  • for other purposes we have asked your consent for;

We Process your Personal Data in order to fulfil obligation rising from law and/or use your Personal Data for options provided by law. We reserve the right to anonymise Personal Data gathered and to use any such data. We will use data outside the scope of this Policy only when it is anonymised. We save your billing information and other information gathered about you for as long as needed for accounting purposes or other obligations deriving from law, but not longer than 1 year.

We might process your Personal Data for additional purposes that are not mentioned here, but are compatible with the original purpose for which the data was gathered. To do this, we will ensure that:

  • the link between purposes, context and nature of Personal Data is suitable for further Processing;
  • the further Processing would not harm your interests and
  • there would be appropriate safeguard for Processing.

We will inform you of any further Processing and purposes.

Who else can access your Personal Data

We do not share your Personal Data with strangers. Personal Data about you is in some cases provided to our trusted partners in order to either make providing the service to you possible or to enhance your customer experience. We share your data with:

Our processing partners:


Our business partners:


Connected third parties:


We only work with Processing partners who are able to ensure adequate level of protection to your Personal Data. We disclose your Personal Data to third parties or public officials when we are legally obliged to do so. We might disclose your Personal Data to third parties if you have consented to it or if there are other legal grounds for it.

How we secure your data

We do our best to keep your Personal Data safe. We use safe protocols for communication and transferring data (such as HTTPS). We use anonymising and pseudonymising where suitable. We monitor our systems for possible vulnerabilities and attacks.

Even though we try our best we can not guarantee the security of information. However, we promise to notify suitable authorities of data breaches. We will also notify you if there is a threat to your rights or interests. We will do everything we reasonably can to prevent security breaches and to assist authorities should any breaches occur.

If you have an account with us, note that you have to keep your username and password secret.


We do not intend to collect or knowingly collect information from children. We do not target children with our services.

Cookies and other technologies we use

We use cookies and/or similar technologies to analyse customer behaviour, administer the website, track users’ movements, and to collect information about users. This is done in order to personalize and enhance your experience with us.

A cookie is a tiny text file stored on your computer. Cookies store information that is used to help make sites work. Only we can access the cookies created by our website. You can control your cookies at the browser level. Choosing to disable cookies may hinder your use of certain functions.

We use cookies for the following purposes:

  • Necessary cookies – these cookies are required for you to be able to use some important features on our website, such as logging in. These cookies don’t collect any personal information.
  • Functionality cookies – these cookies provide functionality that makes using our service more convenient and makes providing more personalised features possible. For example, they might remember your name and e-mail in comment forms so you don’t have to re-enter this information next time when commenting.
  • Analytics cookies – these cookies are used to track the use and performance of our website and services
  • Advertising cookies – these cookies are used to deliver advertisements that are relevant to you and to your interests. In addition, they are used to limit the number of times you see an advertisement. They are usually placed to the website by advertising networks with the website operator’s permission. These cookies remember that you have visited a website and this information is shared with other organisations such as advertisers. Often targeting or advertising cookies will be linked to site functionality provided by the other organisation.

You can remove cookies stored in your computer via your browser settings. Alternatively, you can control some 3rd party cookies by using a privacy enhancement platform such as or For more information about cookies, visit

We use Google Analytics to measure traffic on our website. Google has their own Privacy Policy which you can review here. If you’d like to opt out of tracking by Google Analytics, visit the Google Analytics opt-out page.

Read more about cookies on our Cookie Policy

Contact Information

email: [email protected]

Changes to this Privacy Policy

We reserve the right to make change to this Privacy Policy.

You can configure your Internet browser, by changing its options, to stop accepting cookies completely or to prompt you before accepting a cookie from the website you visit. If you do not accept cookies, however, you may not be able to use all portions of the WideBitcoin Websites or all functionality of the Services.

Please note that disabling these technologies may interfere with the performance and features of the Services.

You may also disable cookies on the WideBitcoin Sites by modifying your settings here:

Visitor comments may be checked through an automated spam detection service.

Last Update: May 25, 2018