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#Blockchain

The first blockchain-phone in Belarus

Blockchain-phone may appear in Belarus

After several months of waiting and getting into the top five of the largest ICO 2017, in November 2017 Sirin Labs finally released Finney, the “first in the world” blockchain-based smartphone. Nevertheless, even after the approval of football legend Lionel Messi and the sale of tokens for 157.8 million dollars, the device for 999 dollars turned out to be in uncharted territory. Here, his built-in wallet and DApp ecosystem will have to fight the monopoly of Apple and Samsung, as well as win the title of blockchain smartphone from Exodus 1, a competitor from HTC.

Finney has already mentioned many key functions many times before: the smartphone has a built-in wallet for storing digital currencies, which is separated physically from the main equipment. Its operating system – Sirin OS is a certified Google mode from Android OS. In addition, using this device, the user can safely make a direct exchange of selected cryptocurrencies (Ethereum, Bitcoin and Sirin Labs Token) without the need for a centralized exchange.

However, according to the head of the company, the smartphone is only the beginning of his plans to introduce blockchain technology for mobile devices. Already in January of this year, the company opened a point of sale of smartphones in London. At the same time, customers of the store cannot only buy the desired gadget in it, but also visit an educational center aimed at expanding their outlook in the field of cryptocurrency.

Blockchain Phone in Belarus

According to experts, the next retail point will most likely be located in Tokyo, but Minsk may well become the third city. And it is not surprising, because, historically, the Republic of Belarus is considered the birthplace of technological discoveries. In addition, over the years, the geniuses of technology have been developing the world-famous innovative products such as Viber, the computer game World of Tanks, the Masquerade application, as well as a host of other IT developments, the list of which is multiplying with every day.

In addition, another reason why Sirin Labs decides to locate its sales center in Belarus is that this state has repeatedly stressed its positive attitude to cryptocurrencies. So, earlier Decree No. 8 “On the Development of the Digital Economy” was signed, which contributed to the fact that the first official crypto-exchange in the CIS appeared in the country.

It is worth mentioning that the creator of blockchain smartphone, Kenes Rakishev, already owns the Belarusian creation, namely CJSC BTA Bank. According to analysts, the success with which this company operates on the territory of the Belarusian state may well lead to the fact that a businessman will place a Finney point here. It is also quite possible that the creation of a blockchain academy for the development of new products based on blockchain in the Republic of Belarus will be carried out by one of the largest retailers in the field of sales of equipment together with CJSC BTA Bank.

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