World’s first Blockchain phone is here. And you can buy it in Bangladesh

The time when Blockchain becomes a thing is upon us. Other than being used in cryptocurrencies, there will now be general use of this technology. Sirin Labs, A Swiss-based company has developed a Blockchain smartphone. They call it the Finney! Sirin Labs will launch Finney in Bangladesh. 

BTRC (Bangladesh Telecommunication Regulatory Commission) has cleared the import, which will begin from August 27. Index Group will be the one to import this.

What is blockchain?

Blockchain is mainly a bunch of blocks that contain records. For example; name, address, time, transactions, and the list goes on. Now several blocks like these are open to the public and are decentralized. And these blocks will update themselves with new information; and will link up to one another via cryptography. So, despite being out in public this technology is very secure.

Now, the Bangladesh government has planned to send graduates to learn and train for blockchain technology to Japan and India.

Features of the phone

The phone will be priced at $999. After being approved in August, it is said to be available in the market from October 2019. The Finney will run on Android OS 8.1x and Sirin OS 3.01. It will also have Cold storage crypto wallet, major cryptocurrency support, crypto wallet application, Token conversion system, and an Embedded D-apps store. Internal memory on this is 128gb which is expandable up to 2tb. The phone comes with a second screen on top of it and it has a water resistance of IP15.