Sirin Labs outsources Finney production to Foxconn

Sirin Labs partners with Foxconn to manufacture their blockchain-powered smartphone Finne
05 April 2018   278

Blockchain-connected devices has long been the topic of the talks among enthusiasts of the technology. And Sirin Labs has made big headlines with their first announcements of a whole ecosystem of IOTA's Tangle-connected devices. And now they make next step towards realization of their lofty goal.

Sirin Labs announced their partnership with FIH Mobile LTD, a subsidiary of world's largest contract electronics manufacturer Foxconn, to produce first of their lineup of blockchain-powered devices. Finney smartphone, named after famous cryptographer Hal Finney, is a result of a hugely successful ICO campaign, which gathered $157,8 million in December 2017.

one of the main selling points of the Finney is native support for blockchain applications, such as cryptocurrency wallets and ability to automatically convert tokens for use in multiple different decentralized apps without the hassle of going through an exchange.

According to the company, the specs will be adequate with 256GB of internal memory, 16-megapixel rear camera, but processor and RAM amount are for now undisclosed. Among security features Finney will, apparently, have some kind of physical security switch and a behavioral-based intrusion detection, whatever than means.

The device will be sold for quite a hefty sum of $999, but it seems the price wouldn't matter a lot to the true enthusiasts, because Sirin Labs claims that already more than 25,000 units were preordered.

Change.org to Mine for Charity

According to the calculations, if 10k computers will run the minning screensaver for 12 hours a day, the charity fund will receive $10k monthly
18 July 2018   97

Social platform for petitions Change.org announced the launch of a screensaver that mines Monero on users' computers. All tokens will be transferred to the charity fund of Change.org. This is reported by Coindesk.

This initiative was launched in partnership with the marketing agency Tracelocke Brazil.

Representatives of Change.org report that the screensaver will consume resources only when users do not use the computer. According to their calculations, if 10 thousand computers will run the screensaver for 12 hours a day, the charity fund will be transferred $ 10 thousand monthly.

At the moment the program is available only for Windows users and the platform did not report on the release plans for the version for macOS.

Note that at the end of April, a similar action was launched by the Australian unit of the United Nations International Children's Emergency Fund; (UNICEF). The website "Page of Hope" mines Monero cryptocurrency.