HTC working on a blockchain-powered phone

HTC working on a blockchain-powered phone

There's no details yet on pricing or availability, but the Exodus looks like it will pack some highly powerful software created to provide a secure blockchain experience.

HTC hasn't released any official images of what the Exodus will look like. With this in effect, HTC has gotten back Phil Chen who will be heading its blockchain and cryptocurrency initiatives and the Exodus will be a subset of the same. Information from these apps will be verified by users on the network, with cryptocurrency rewards in Bitcoin and Ethereum available (both cryptocurrencies will be tightly integrated into Exodus phones). HTC is also planning on creating its native blockchain network with all Exodus units acting as nodes to allow cryptocurrency trading among users of the phone. We would like to support the entire blockchain ecosystem, and in the next few months well be announcing many more exciting partnerships together. However, HTC has still not announced the price of the smartphone but the company is reportedly considering accepting cryptocurrency as a form of payment for the device. The company is also working with multiple protocols with the intent of interoperability between blockchains.

HTC isn't the first phone-maker to announce a dedicated blockchain device.

Blockchain is all the rage right now, and it appears HTC is targeting this exact niche with its upcoming smartphone product.

HTC Exodus

"We think that the phone can be an agent in the future for decentralization", said Chen. The announcement comes nearly one week before the launch of its latest flagship, the HTC U12.

HTC says its aim is to offer users their own "identity and data on the phone rather in a centralized cloud".

As of now, HTC has released only the sketches and hopefully we will hear more about the phone soon.

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