HTC Exodus Coming Later This Year, Powered by Blockchain

16 May, 2018, 05:27 | Author: Sammy Rose
  • Product Drawings of the HTC Exodus

HTC has announced that it will be making a Blockchain smartphone, named the HTC Exodus.

HTC has not yet released a price tag for the Exodus, but the company did hint that it is considering accepting cryptocurrency payments once it becomes available for purchase. The difference is it will be created to support blockchain-based distributed apps, a feature the company describes as "built-in secure hardware". The HTC Exodus comes amidst the Google acquihire of two thousands employees, while the company's primary lead is now in virtual reality with the Vive.

"Through the Exodus, we are also excited to be supporting underlying protocols such as Bitcoin, Lightning Networks, Ethereum, Dfinity, and more", Chen wrote in a blog post accompanying the announcement. While the Taiwanese company has consolidated much of its mobile offerings in recent years, it announced today at the Consensus 2018 blockchain conference in NY that its upcoming Exodus handset is embracing everyone's favorite tech buzzword. He left the company in 2015 to get into venture capital but is now returning to HTC as its decentralized chief officer.

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

These phones will act as nodes on the network and will enable trading of cryptocurrency among the Exodus users.

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Here's the first image of the handset, which will go on sale in October.

While there are a number of potential uses for blockchain technology, HTC is sticking to the tried-and-true cryptocurrency application with Exodus.

In addition to cryptocurrency manipulation, blockchain is touted for its ability to offer both better security and user experience by incorporating cold wallet storage - offline cryptocurrency storage - directly into the phone.

You'll also be able to easily trade with peers on the phone's network - without any mining fees.

Of course, as TNW points out, these types of features can already be installed on basically any smartphone already on the market. Blockchain and cryptocurrency are becoming big topics these days, with many anxious that the traditional currencies might be worthless in a few years.

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