Sirin Labs Announces Mutual Integration with MyEtherWallet

Sirin Labs, creators of the cryptocurrency-focused Finney smartphone, announced a mutual integration with popular Ethereum wallet interface MyEtherWallet (MEW).

With the integration of MEW’s service, which will be deployed with the FINNEY™’s cold or offline wallet storage system, the wallet’s users will be able to buy the device through the mobile and web platforms.

The Israeli startup has come out saying that this collaboration makes the process of accessing their Ethers, along with controlling private keys, simpler for the phone’s users as MEW will feature FINNEY as a hardware wallet.

“The FINNEY experience is constantly evolving and improving, thanks to our honored partners. We see this integration as a strong step towards a greater market share for both companies, as the two products complement each other,” says CEO of SIRIN LABS, Zvika Landau.

The FINNEY will take care of converting supported coins and tokens.

Supported by the SRN token, SIRIN OS is designed to support inherent ‎Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term applications such as Cold Storage Cold Storage Cold storage is a computer system or mode of operation that is designed for the retention of inactive data, in this case private keys for cryptocurrencies. This helps put up resilient barriers against theft by hackers and malware, and is often a necessary security protocol especially dealing with large amounts of Bitcoin.In order to “own” a cryptocurrency, one must be in control of a cryptocurrency’s private keys. As such, private keys are long strings of random characters that can be used to se Cold storage is a computer system or mode of operation that is designed for the retention of inactive data, in this case private keys for cryptocurrencies. This helps put up resilient barriers against theft by hackers and malware, and is often a necessary security protocol especially dealing with large amounts of Bitcoin.In order to “own” a cryptocurrency, one must be in control of a cryptocurrency’s private keys. As such, private keys are long strings of random characters that can be used to se Read this Term crypto wallet, secure exchange access, encrypted ‎communications and a P2P resource sharing ecosystem for payment and apps.‎

The ‎company’s line of blockchain-based products and services ‎is mainly aimed at the existing cryptocurrency ‎community.‎

Sirin Labs partnered with a number of crypto services providers to bring the FINNEY to a wider mass. To promote the product, the company ‎‎signed Barcelona star Lionel Messi as its brand ‎ambassador back in December 2017.‎

Commenting on the news, MEW’s founder and CEO Kosala Hemachandra said: “We’re always looking to bring more secure integrations to Ethereum to make our users feel safe while navigating the crypto waters, and we believe having an on-phone hardware wallet is immensely valuable to users. This will not only make it easy to send and receive crypto transactions, but it will also make crypto more accessible to a wide range of users.”