The new concept phone is part of an online display presented in conjunction with the "Design and the Elastic Mind" exhibition underway through May 12 at the Museum of Modern Art in New York City.

Nokia Morph is made using nanotechnology. The phone intended to demonstrate how cell phones in the future could be stretched and bent into different shapes, allowing users to "morph" their devices into whatever shape they want. Want to wear your cell phone as a bracelet? No problem, just bend it around your wrist.

Nokia says the concept device demonstrates handset features that nanotechnology might be capable of delivering, including flexible materials, transparent electronics, and self-cleaning surfaces.

"Nokia Research Center is looking at ways to reinvent the form and function of mobile devices," Bob Iannucci, chief technology officer for Nokia, said in a statement. "The Morph concept shows what might be possible."

Even though Morph is still in early development, Nokia believes that certain elements of the device could be used in high-end Nokia devices within the next seven years.