Technology has never stopped evolving. It trails to a more complex idea that becomes a value to humanity. It always starts with a core idea, and those subject are either from trends, or what the modern days do not have. The present generation of smart devices compromises on user protection, and that’s where Sirin Labs find its mission.
Sirin Labs believes that blockchain has the right combination of variables that they need. The company formerly was recognized when they launched an expensive ultra-secure smartphone a few years ago. After internal renewals in all aspects and a refocusing of ideas, Sirin is back in the industry and is ready to bring blockchain to the world.
Technological Journey
Sirin Labs is a blockchain open source consumer electronics. It was founded in 2014 having the mission to create the world’s most secure phone. And in 2016, they have launched their pioneering product called Solarin. The whole team was confident on the functions that it could provide to users after intensive research and thorough development processes.
The mobile device Solarin has exclusive security features including state of the art hardware and software security technology, 24/7 cyber protection, and has a private zone for encrypted messaging and calling.
Blockchain Ecosystem Security
Smartphones and PCs were never created with security or privacy as a primary factor, though these are necessary to guarantee the trust of the blockchain network. As technologies such as cryptocurrency mining, trading, and online payments become open for these devices, they turn into even more valuable targets for malicious individuals.
Usually, applications that are downloaded acquire information by requesting for more permission types that are required and so risk users privacy. At present, smartphones are just as vulnerable to hackers and malware as PCs but are even hard to protect. Another issue with modern devices is that they have so many capabilities because of the hypercompetitive marketplace that there is a continuous race to add more features. It has two implications which one is security usually lags behind, and second, the possible attack surface is huge. It is comparatively easy for a determined intruder to hack a device, access it and retrieve data. There have been numerous efforts to toughen up smartphone security applied by some widely used messaging apps, WhatsApp and WeChat. Unluckily, this is not quite enough. While an app may be protected, this does not help if it has already been tricked into downloading a piece of malware that transfers screen captures of messages or records calls.
In order to prevent such attacks, smartphones must be secured not only against outside intrusions but also at the hardware low-level of the phone itself. It can only be achieved by toughening the operating system itself, which indicates that a phone must be produced in its entirety, as the significant level of protection cannot be accomplished through app development alone. These factors have forced manufacturers of secure mobile phones to create phones, which are both costly to produce and provide limited features in favor of security, and therefore leave no room for advanced highlights.
SRN Tokens
The Sirin Labs Token is signified as SRN. During the token sale, the SRN Token is performed as an ERC-20 compatible token across the public Ethereum blockchain and will be changed to a coin on the IOTA network towards the launch.
Sirin’s ERC-20 crypto token is chiefly designed to power the P2P resource exchanging on the company’s devices. It’s a transfer token, not a storage token, which indicates its real value won’t be open until Sirin’s devices are out in the market.
SRN tokens are available in limited trading pairs on cryptocurrency exchanges like Liqui and Bittrex. Sirin suggests utilizing MyEtherWallet for storage. The user can also use SRN to pre-order Finney devices and get a 10% discount.
Roadmap
Sirin Labs’ roadmap is based on three outlines based on the level of contribution:
• $25M — Development and release of the SIRIN OS™ for phone OEMs
• $50M — In addition to above, development and launch of the FINNEY™ smartphone
- $75M — In addition to the phone, a plan to develop and launch the FINNEY™ PC
Sirin Labs Team
The company is headed by co-founder Moshe Hogeg, a developer, and investor, and also a co-founder of the Instagram rival, mobli, and Yoo, the one-tap communications app. The Chairman is the entrepreneur Kenges Rakishev with recognized significant investments including mobli and the payments app Net Element.
Distinguished advisors on Sirin’s projects include Steven Nerayoff, the co-creator of Ethereum, Jeff Pulver Monage founder, and CEO, Guy Ben Artzi, the Bancor co-founder, and Takeshi Ito, the former CTO of Sony Mobile.
The Sirin Labs team is composed of over 50 people, several of whom were brought over from Hogeg’s previous app development investments, mobil, and Yo. For more information, including LinkedIn profiles, see the full Sirin Labs team listing.
Blockchain Powered Mobile Device
The lack of privacy in the digital era occurred gradually and silently. It began with a few convenience features to advance usability. If a user’s smartphone identifies a location, it can, for instance, produce customized data and local search results. Those features are multiplied, and everything from electronic apps to battery widgets wants access to contacts.
Sirin Labs’ concept is to assist users to take back control of their privacy while introducing them to new and promising technology. Decentralization takes away the middleman, and crypto payments further familiarize everyone with digital currencies.
Setting these features on a smartphone gives an instantly recognizable environment as well, which is a huge benefit for adoptability. Sirin’s products are scheduled to continue in progress during 2018, and Finney will be launch by the end of the year or in early 2019.
