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After months of expectation and one of the top-five biggest ICOs of 2017, on Nov. 29 Sirin Labs has launched Finney, the 'world's first' blockchain smartphone. Yet, even with the endorsement of football legend Lionel Messi and a $157.8 million token sale behind it, the $999 device has stepped into uncharted territory, where its built-in cold storage wallet and DApp ecosystem will have to contend with the dominance of Apple (NASDAQ:AAPL) and Samsung (KS:005930) — as well as the Exodus 1, a rival blockchain smartphone from HTC.
FeaturesMost of Finney's key features had already been announced prior to Thursday's launch: The smartphone comes equipped with an embedded cold storage wallet that's physically separate from the main hardware; its Sirin OS is a "Google-certified" mod of the Android operating system; it boasts AI-driven, cyber-threat detection; and it enables the direct exchange of selected cryptocurrencies (Ethereum, Bitcoin and Sirin Labs Token) without the need to use a centralized exchange.