Blockchain telephone: promising, although the development team far from ideal

A new mobile telephone with good technical properties and the blockchain technological solutions – sounds like the future just around the corner. However, the declared price of this FINNEY gadget (named after one of blockchain pioneers) is equal to latest iPhone models, while Sirin devices are not as popular on the market and among the public. However, the price is still better than that huge sum of $14,000 for one SOLARIN phone. And mind you, that model didn’t have a pre-installed blockchain network like this does.

As the press outlets note, only Sirin’s brand token holders will be able to purchase the device, which might discourage those tech and fintech enthusiasts who do not trust that digital tokens’ price is justified.

Furthermore, the telephone and technologies included in it seem too dedicated for one niche and overloaded with expensively implemented security tech – there are still not as many cryptocurrency enthusiasts as Sirin might want to think, and focusing the phone only on one fintech theme will cut all potential casual buyers, thus heading to losses. However, their decision to issue a PC on the same technologies seems more deliberate, as many Bitcoin enthusiasts prefer to operate with their wallets from computers.

It’s also worth looking at the company’s business history. Did the market explode after the release of SOLARIN? It did not – only $10 million in sales followed by staff layoffs.

We have yet to receive a comment from the development team on how they plan not to fail this time.