Huawei and Sirin Labs in talks to develop a device that will run Blockchain apps


The Chinese giant, Huawei is reportedly in talks with the Sirin Labs in order to license its Sirin OS for use in a new phone that will focus in cryptocurrencies. According to Bloomberg, the very same handset will be able to run Blockchain applications – A digital ledger used to store chronologically the cryptocurrencies deals realized by the handset.

According to some reports, the smartphone would run Sirin OS alongside Android, but we aren’t sure if it would offer a mix of the two or a kind of dual boot. The security would be the main focus offered by the deal since the phone would offer an encrypted wallet for the currency. In a time when Huawei is being constantly bombarded by complaints from US government, a deal that focuses on security is a good way to show the other face.

Sirin Labs intends to realize its own Blockchain handset in the second half of 2018. With a price tag that goes toward $999, the referred smartphone will include a crypto wallet that will be capable of storing Cryptocurrencies offline. According to reports, the handset will also feature a legal currency conversion that will transform it in the digital tokens needed to run Blockchain applications. According to the company, they’ve already had 25,000 pre-ordered devices and the number tends to increase until the actual release.

The handset, called Finney, will offer a 5.5-inch FullView display with a top notch. It will also offer up to 6GB of RAM alongside 64GB of Storage. On the rear, the Finney packs a 12MP camera, and on the front selfie, lovers will be pleased by a 13MP unit. According to the manufacturer, the device will boast “computing powers” what could imply in the ability of mining cryptocurrencies.

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If Huawei and Sirin talk ends in a real deal, we will see the entrance of another big company on this trending market that involves cryptocurrencies exploration.

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