SIRIN LABS partners to enable Ethereum payments at 1,000 stores in South Korea via blockchain smartphone FINNEY

SIRIN LABS, which is nearing the official launch of its blockchain smartphone “FINNEY”, has entered into a partnership with Coinduck, LeapRate reported.

Coinduck, a subsidiary of Chain Partners, is a cryptocurrency payment service provider that allows using Ethereum (ETH) for offline payments at 1,000 stores in South Korea.

The two companies are joining forces to facilitate an easy and convenient user experience. With this partnership, consumers would be able to pay with ETH token from a safe and secure cold wallet, with the ETH token on Finney itself.

“We’re excited to partner with SIRIN LABS, the company that is allowing people to carry cryptocurrency safely and on-hand,” said Min-Sub Shin, CEO of Coinduck. “In partnering with such a company, we’re able to make crypto-payments convenient while allowing people to pay with FIAT currency.

“We believe that this partnership will help offer the everyday user easy access to the cryptomarket,” described CEO of SIRIN LABS Zvika Landau. “We’re really excited to offer 1,000 stores in Korea, the power to pay with SRN before the end of 2018 on our much anticipated Finney Phone.

In the past couple of weeks, SIRIN Labs has partnered with a number of firms including Scanetchain, an AR Dapp based on NEM platform; the Portion Platform; and LLC Legio to bring the FINNEY blockchain smartphone to the masses in Ukraine.