Sunday, 21 October, 2018

HTC Exodus to Be 'World's First Native Blockchain Phone'

HTC is creating an Android phone that's powered by blockchain HTC Exodus to Be 'World's First Native Blockchain Phone'
Doris Mccormick | 16 May, 2018, 10:00

HTC has announced that it is now working on a new Android device that will be powered, in part, by blockchain technology.

With APIs and a trusted hardware stack that includes the kernel and secure enclave, the phone will connect to various wallets. HTC has plans to make a native blockchain network where cryptocurrency can be traded with other Exodus smartphone owners. If that doesn't get you Mr. Robot fanboys going, I don't know what will. HTC's Phil Chen, who created the HTC Vive headset and is now spearheading the company's blockchain efforts, has confirmed that, through Exodus, HTC will support Bitcoin, Lightning Networks, Ethereum, Dfinity, and more.

He added, "We would like to support the entire blockchain ecosystem, and in the next few months, we'll be announcing many more exciting partnerships together".

There's no current price for the HTC Exodus, but the company said it might accept cryptocurrency when the handset does go on sale.

According to a report by The Next Web, Taiwanese hardware manufacturer HTC is now working on an Android smartphone powered by blockchain technology.

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Exodus is expected in October. As the company's "Decentralized Chief Officer", Chen notes users will own their "ID and data" right on the phone, instead of the cloud.

In terms of specifications, the Finney blockchain phone comes with a Qualcomm Snapdragon 845 processor.

In other words, the Exodus device will act as a way for users to connect to a decentralized network, as well as an actual storage option for users to "carry" their cryptocurrencies.

HTC, however, isn't the first to come out with a Blockchain-powered phone. You will be able to buy Exodus using cryptocurrency as well, but no pricing or ETA has been released just yet. Mobile apps of cryptocurrency exchanges are driving phone makers to adopt blockchain. Additionally, trading in most cryptocurrencies will still incur mining fees - even on blockchain devices.

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