HTC To Launch A Blockchain Smartphone Soon

Smartphones keeps advancing with addition of various technologies, from mere computing device to devices with AI and now we are moving to blockchain.

We’ve heard about a couple phones adopting this technology such as the Sugar S11 Blockchain Creation Edition in January, and the Sirin Finney earlier this month. But now, we are talking of the first popular smartphone brand to join the train – HTC.

ALSO READ: Facebook Launches Blockchain Division

The Taiwanese company has announced that it’s working on a smartphone called Exodus, which will be its first blockchain smartphone. Though no official photos have been made public, the product drawings Was Made availaible as seen below.

The Exodus will come with a universal wallet and a built-in secure hardware enclave to support cryptocurrencies and decentralized applications. HTC plans to create a native blockchain network with all Exodus units acting as nodes to facilitate cryptocurrency trading among their owners. Additionally, the company is considering accepting cryptocurrency payments for the phone itself, even though its price is yet to be decided.

Heading HTC’s blockchain experiment is Phil Chen, the creator of the Vive VR headset. Here’s his statement on the Exodus:

“Through Exodus, we are excited to be supporting underlying protocols such as Bitcoin, Lightning Networks, Ethereum, Dfinity, and more. We would like to support the entire blockchain ecosystem, and in the next few months we’ll be announcing many more exciting partnerships together.”

The unique selling point of a blockchain smartphone is that it supposedly offers better security and an improved user experience by integrating cold wallet storage right into the device, and enabling direct trading of the native cryptocurrency with peers without mining fees.

Via

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