Finney is the world’s first blockchain-enabled smartphone and will soon be available in Bangladesh. The Switzerland based Sirin Lab’s smartphone will be one of the most secure and expensive smartphones on the market.

The Bangladesh Telecommunication Regulatory Commission (BTRC) has already cleared the smartphone for import. The phone is all set to release this October in the local market. Chinese electronics giant Foxconn Technology has designed and manufactured this new smartphone. Finney will feature an integrated refrigerated wallet, secure communications, and a decentralized application ecosystem. It possesses a unique privacy violation alert system that secures every transaction and communication made via the phone.

The government of Bangladesh has so far shown its interest in the blockchain arena. Also according to a report, the country happens to be an attractive target market for any emerging technology. The latest Samsung Galaxy S10 that costs $894 is also doing well in the Bangladeshi market. Thus, Finney’s maiden price of close to a thousand dollars ($999) from last year might trigger substantial interests too. Besides, the decentralized ecosystem in the phone will attract many of the tech-savvy people as per the source.

Recently, Samsung Electronics has announced that it will soon release a new edition of its Galaxy Note 10 smartphone, KlaytnPhone. It will come with an inbuilt cryptocurrency wallet in its bid to boost the adoption of blockchain tech.