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Sirin Labs to Integrate MyEtherWallet into Smartphone

Sirin Labs to Integrate MyEtherWallet into Smartphone

Users of Sirin Labs’ Finney wallet will not be able to make use of MyEtherWallet as their interface as the two companies confirmed on March 21, 2019, that they have entered a partnership.

Better than One

In 2018, Sirin labs made history when they announced the Finney smartphone, which is the world’s first blockchain-powered smartphone and broke new ground for the technology.

Now, they are taking a step further by ensuring that there is greater ease of purchasing and making use of cryptocurrency. They intend to do this through a new partnership with MyEtherWallet (MEW) which will see the smartphone integrate MEW as its official wallet interface. This was confirmed on March 21, 2019.

The Finney isn’t the only smartphone that is banking on crypto as the Samsung Galaxy s10 has been confirmed to have support for private key storage for crypto wallets.

MEW and Finney

With this new development, Finney users will be able to enjoy MEW as their go-to wallet interface. This is an obvious move as a blockchain-based phone should be able to support a wallet for their users. By having a default wallet, there will be uniformity among Finney owners as well as ease of buying and using tokens.

Apart from this, the Finney device itself can now be easily purchased from MEW’s mobile and web interface. This is a win-win situation as MEW will help drive sales of the device and the Finney will push the use of MEW’s interface to many more users.

According to the management of both companies, the partnership was a natural move as there is a lot to be gained on both ends. Also, both products on offer compliment each other, and the partnership will lead to greater market share for all.

MEW CEO and founder 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,”

Hemachandra also added that more people will have access to blockchain and cryptocurrency in their day to day lives. With this argument being made, there will certainly be more discussions being held about whether the major smartphone makers such as Apple and Samsung will create their own in-house wallets or partner with another firm.

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Published at Fri, 22 Mar 2019 21:00:59 +0000

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4NEW – Could It Be The Next Bitcoin?

4NEW, the company operating Waste to Energy treatment plants, today announced a series of groundbreaking developments. 4NEW has successfully secured $30.5 million USD from institutional investors collectively. This enables 4NEW to complete its soft cap requirement facilitating the construction and realization of its first plant in its entirety.

LONDON – Dec 2, 2017 – The realization of the plant insures widespread adoption for its coin since consumers can start paying for their utility bills using the 4NEW services. Additionally, 4NEW has also received a number of mandates to beta test its timed blockchain payment system concept from a number businesses within multiple and diverse sectors. Sandeep Golechha said:

Our business to business strategy is demonstrating great results. We anticipate widespread consumer adoption through users of these businesses in 2018.

4NEW’s Initial Coin Offering (FRNC) for its utility token is currently underway for the general public ending December 15th, 2017. While this coin does not provide investors any share of the corporate profits currently, given that it is, strictly speaking, a utility token which represents a sale of future goods and services of 4NEW, nevertheless, it does offer holders of the coin an opportunity to avail themselves of various services, such as global money transfer services, insurance payments, telemedicine services, online pharmacy services, and Waste and Energy bill payment opportunities starting in 2018.

4NEW management is looking forward to listing on premier public exchanges, such as Bittrex, Poloniex, and Cryptopia in the coming weeks.

Earlier this month, 4NEW ordered the production of its first Waste to Energy plant for a staggering $24.83 million USD with delivery and subsequent installation of equipment to occur within 6 to 8 months between May and July 2018.

The first 4NEW plant will have a waste processing capacity of 72 tons per day of RDF, SRF, TDF, tires, plastics, medical waste, carpets, textiles, wood wastes, oil liquid waste, chemical waste, raw food packaging, animal by-products, and any type of hazardous and non-hazardous waste.

The plant will be able to generate 120 mega watts of power per day, which totals 43,800 mega watts of power per year. As part of the deal, 4NEW will also procure insurance coverage to secure its revenue from any equipment failure or unforeseen acts of God.

The first plant will drive annual sales of approximately $5 million USD under current capacity. However, 4NEW can add additional waste processing lines to their plant as additional funds are raised, thereby increasing output by 4 times per site. 4NEW also has options with lenders to explore debt financing in order to complete targeted acquisitions over the next 6 to 9 months.

The plant equipment has been ordered through Eco-Green Power Limited, a UK-based plant production company. Eco-Green currently has three sites where their plants are in operational use. These include 2 sites in Finland and 1 site in Denmark.

Last month, 4NEW successfully secured a $25 million round of funding from its first investor, Mirach Capital Group, a US-based private equity fund.

About 4NEW

4NEW will revolutionize and standardize the industries of Waste and Energy by offering services as a wholesaler within the Utilities sector that is fully integrated onto a decentralized, distributed ledger, enabling all actors within the industry to trade waste and energy transactions using the 4NEW Coins towards payments within the 4NEW ecosystem.

The 4NEW coins are utility tokens with built-in smart contract capabilities. They establish a binding relationship between two transacting parties and provide a value for each transaction. The ledger on the 4NEW ecosystem provides an immutable and audit-able journal of all transactions related to the buying and selling of energy and waste. Each transaction is transparent to all parties which allows them to see the same ledger entry and cost of reconciliation, thus controlling issues of dispute and revenue leakage to
a great extent.

Website: www.4new.co.uk
Video Link: https://www.youtube.com/watch?v=UjqcsBQkAwE
Telegram: – https://t.me/joinchat/EgIZbBDLYGHlhtbSS58i-Q
Facebook: – https://www.facebook.com/4newcoin/
Twitter: – https://twitter.com/4newcoin
Instagram: – https://www.instagram.com/4newcoin/
LinkedIn: – https://www.linkedin.com/company/4new/

Images courtesy of 4New.

The post 4NEW – Could It Be The Next Bitcoin? appeared first on Bitcoinist.com.

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