Sirin Labs' Finney, the world's first blockchain-based smartphone, will be manufactured by FIH Mobile Ltd., a unit of electronics manufacturing giant Foxconn, Reuters reported.
Finney, created by the Swiss-Israeli technology firm, is designed to securely store and use digital currencies in fee-less transactions.
Finney will be capable of working without an exchange to convert digital currencies. It is said to be able to automatically convert tokens for the use of decentralized applications.
As per the company's website, the Finney state-of-the-art mobile device for the Blockchain era has a target price of $999. Its blockchain features include secure P2P resource sharing; Built-in "cold storage" crypto wallet; and Distributed Ledger Consensus.
Last December, Sirin Labs had raised $157.8 million in an initial coin offering or ICO, to support the development of its open source blockchain smartphone and a blockchain personal computer.
According to a Bloomberg report, Sirin plans to sell the device through eight new stores in Vietnam and Turkey and has so far more than 25,000 units preordered, with shipping slated in October. The company aims to ship up to to a few million units this year.
Sirin Labs' site shows that Finney PC, the first blockchain 'All-in-one' PC, built on "thin client" practices, has a target price of $799.
The SRN is the FINNEY network's default currency.
The devices will run on SIRIN LABS' open-source operating system, SIRIN OS. It is designed to support inherent Blockchain applications and a P2P resource sharing ecosystem for payment and apps, supported by the SRN token.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.