Thursday, 18 October, 2018

HTC Announces Plans For A Blockchain Smartphone

HTC is creating an Android phone that's powered by blockchain HTC Exodus to Be 'World's First Native Blockchain Phone'
Frank Williams | 16 May, 2018, 08:56

Today it was time for the first well known smartphone brand to jump into the fray: HTC.

Introduced and led by Phil Chen, a co-founder of HTC Vive, the Exodus is meant to be the "world's first phone dedicated to decentralized applications and security".

HTC has discovered the buzzword of the year, and chose to make a smartphone around it with their upcoming Exodus handset announcement during the Consensus 2018 blockchain conference in NY, where we recently saw a crypto-powered beer vending machine unveiled. HTC plans to create a native blockchain network with all Exodus units acting as nodes to facilitate cryptocurrency trading among their owners.

"Through Exodus, we are excited to be supporting underlying protocols such as Bitcoin, Lightning Networks, Ethereum, Dfinity, and more", Chen said on the integration of blockchain applications with the phone's hardware.

Rihanna's stalker arrest after breaking into her LA home
Leon was allegedly tased and arrested by the LAPD after Rihanna's assistant found him at her California home. It is not believed that the singer was at home during the alleged incident in Los Angeles on 9 May.

Another big focus for Exodus is DApps, with HTC hoping that the device will increase the user base of Decentralized Apps by featuring a friendly and "streamlined user experience".

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". HTC's blockchain phone will come with its own universal wallet and advanced security features to keep cyber criminals at bay. Chen's new title is going to be "decentralized chief officer". By using blockchain tech, the Exodus will be able to give privacy-minded users control over their data without having to rely on the major technology companies for cloud storage. That price and the release date, however, have yet to be revealed.

While HTC's phone isn't available yet, it's rumoured that the company may sell the phone in exchange for cryptocurrency. Last September, Sirin Labs announced a $1,000 blockchain-powered handset which is slated to launch in October 2018.

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