HTC is working on a blockchain-powered Android smartphone

16 May, 2018, 14:31 | Author: Tara Reeves
  • Product Drawings of the HTC Exodus

Bearing this in mind, the Exodus should support Bitcoin, Dfinity and Ethereum, among others, thanks to a universal wallet and secure hardware.

Heading up the project is HTC Vive Founder, Phil Chen, whose title is "Decentralised Chief Officer". This could mean the smartphone features an in-display fingerprint scanner but we will have to wait and see what the final design looks like as they are subjected to change in the future.

At its most basic level, blockchain is a digital ledger - it's commonly used as a record of cryptocurrencies and transactions made using that currency. There's no word on when the Exodus will be made official, but we should get more details later today.

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.

HTC has announced a first of its kind native blockchain phone, called Exodus.

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Smartphone manufacturer HTC is taking a major leap into the cryptocurrency ecosystem and wider blockchain industry. It's also decentralized, meaning that it's accessible by anyone and not corruptible by hackers. "With the release of the HTC Exodus we can now make this a reality", says HTC.

The HTC Exodus exists separately from HTC's main phone business, and it is not the same phone planned for HTC's May 23 announcement.

That being said, we are not sure how secure the device will be since it is still based on Android and not a custom OS. The company has brought Chen back to develop the phone, which aims to provide a better cryptocurrency and DApp user-experience. Although adoption by companies such as HTC (and Huawei, it is rumored) could help change that.

Before HTC, Sirin Labs' blockchain smartphone which was announced in September 2017, is slated to launch in October 2018, said IANS.

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