January 8, 2019
Smartphones will likely be the latest in a rapidly-growing list of devices driven by blockchain technology and innovation. In an era in which companies are competing to produce the most cutting-edge systems, Foxconn Technology Group has been attempting to take the lead in the development of blockchain-enabled mobile phones through its subsidiary, FIH Mobile. The company has teamed up with Sirin Labs to manufacture the Finney—the world’s first blockchain-driven smartphone. Known as a forerunner in blockchain-technology development, Sirin Labs developed the Finney with a focus on cryptocurrency security. The company expects millions of units to be sold.