Altcoins on the Block #8 SIRIN LABS TOKEN

In the series "Altcoins on the Block" I have a look at different altcoins and explain what the coins are all about. In this edition I have a look at SIRIN LABS TOKEN

SIRIN LABS Token - Development of a Blockchain smartphone

The company SIRIN LABS was founded in 2014. First, it has positioned itself as a developer of a secure smartphone Solarin, whose cost today is more than 14 thousand US dollars. In addition to security of use, it offers the opportunity to work with the blockchain projects and the digital currency.

The company's first mobile phone was launched in 2016. The further development of Sirin Labs will, according to the developers, be geared to the creation of technological digital products with proprietary software based on decentralized blockchain technology.

On December 12, 2017, the company launched the cryptocurrency - SIRIN LABS Token. The funds for its creation were collected by an ICO: investors bought a fixed number of digital coins distributed through a single issue. The total revenue was more than $ 150 million.

SIRIN LABS TOKEN - What is this Cryptocurrency?

One of the most important aspects of working with the cryptocurrency is security. Today, the company is preparing new devices with its own SIRIN LABS Shield OS operating system. The token will not be the only primary means of handling within the platform, the platform will also support other popular cryptocurrencies.

The platform is designed to provide the user with a fully decentralized digital currency and software that can not be spied on by any of the regulatory bodies and other structures. For this purpose, a special system of protection is used: on the one hand, the standard password system and, second, a code phrase or personal identification number, and third, the electronic key.

SIRIN LABS TOKEN - Who is behind the Cryptocurrency?

The website presents many people of the team: consultants, developers, designers, SEO specialists, security specialists and many others.

Moshe Hogeg is the founder and CEO of SIRIN LABS. Moshe Hogeg is a serial entrepreneur, founder of a number of successful projects including: Alignment Blockchain Hub, which provides consulting and support for beginner projects at the beginning of the discovery of Blockchain technology.

Kenez Rakishev - Chairman of the Board. A well-known businessman and investor, one of the most influential businessmen in Kazakhstan. Kenez has held several senior positions throughout his career, both in the private and public sectors, as a consultant to the Kazakh Ministry of Interior and the Ministry of Education.

SIRIN LABS TOKEN - Pros and Cons

The advantages of this solution include:

• the built-in wallet
• fast transactions and transfers all over the world
• decentralized administration and financing of the project
• the three-level authentication system that provides optimal protection of private information and user data

Positive moments:

A strong team. A very large staff of specialists led by talented people with a good reputation is definitely a big plus. In addition, there are no problems with the staff or a lack of money with solid consultants. And perhaps that's the most important thing in implementing a project - the funding and the staff. In December, the company announced a partnership with Lionel Messi, the world's highest paid football player to become the ambassador of SIRIN LABS.

The idea of the project. Smartphones and computers have become the most important gadgets of humanity in the 21st century, billions of dollars are spent annually in this direction. You can become a leader in the production of computers and crypto-smartphones.

SIRIN LABS TOKEN Course - Development - Forecast

The SRN cryptocurrency was introduced on December 12, 2017 for use within its own platform. Its main task is to support the platform functionality and internal money transfer between participants at a high level. It is planned that in the near future the tokens can be used to purchase the company's mobile devices and computers.

According to the developers of SRN, this decision justifies the introduction of digital currency and smartphones on one platform. This will be an innovation in the field of crypto-currencies and electronic devices. The seriousness of these intentions is supported by the fact that at the end of 2017 the official representative of the company became the famous footballer Lionel Messi.

In the near future, the company plans to expand its activities by developing electronic devices based on blockchain. I think this will have a positive effect on the price development.

Token development and prospects:

The token has a high chance of development and success. This is evidenced by the company's policy: today, major projects are under development based on sophisticated blockchain-based technology. With the growing interest in cryptocurrencies and digital technologies, the demand for native products will be high. This is advantageous for the forecast since all the operations of buying and selling will be done exclusively in the cryptocurrency. This can greatly increase the SIRIN LABS Token Rate.

Create an SIRIN LABS Wallet

The security of the tokens is provided by a cold storage in offline mode, while the SRN Wallet is not connected to the Internet (he is in a fully isolated standalone computers) and has a hidden IP address.

The platform is equipped with a highly secure cryptographic core. This makes it possible to use the wallet and carry out the transactions without risk. You can not be seen by a third person. Once the development within the Shield OS for the mobile phone is complete, users will get yet another security option for the Wallet - the automatic shutdown of the Wallet when the Wallet is not used after a few minutes.

Where can I buy the SIRIN LABS TOKEN?

Buying SIRIN LABS TOKEN is possible on the following crypto exchanges:

1 Liqui SRN/ETH
2 Liqui SRN/BTC
3 Liqui SRN/USDT
4 Bittrex SRN/BTC
5 Upbit SRN/BTC
6 Huobi SRN/BTC
7 Huobi SRN/ETH
8 Bittrex SRN/ETH
9 Bancor Network
10 Upbit SRN/ETH
11 IDEX SRN/ETH
12 Tidex SRN/ETH
13 Tidex SRN/BTC

Conclusion

A clever concept with exciting new technologies and the high aspect of security makes the SIRIN LABS TOKEN a great project. I will keep an eye on it and see how the development goes on.

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Series:

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Altcoins on the Block #2 DeepOnion Coin
Altcoins on the Block #3 MediBloc Coin
Altcoins on the Block #4 Syscoin
Altcoins on the Block #5 Basic Attention Token
Altcoins on the Block #6 Cindicator Coin
Altcoins on the Block #7 Augur Coin

Image Sources:

• Post header created by myself
• https://sirinlabs.com/
• https://coinmarketcap.com/

Video Source:

• youtube.com/SIRIN LABS

Have a nice day!

LOVE&LIGHT