Thursday, 24 May, 2018

HTC Exodus Coming Later This Year, Powered by Blockchain

HTC is creating an Android phone that's powered by blockchain HTC Exodus to Be 'World's First Native Blockchain Phone'
June Sullivan | 16 May, 2018, 12:46

However, it seems like the company made a decision to take a break, or a separate group from the company chose to come ahead and announced an entirely new device, the HTC Exodus.

In case you needed any additional proof that blockchain is all the craze today, here is a piece of news for you: HTC is developing a blockchain-powered phone.

Schematics of the phone shows it has a single camera, support for storage expansion, and nano-SIM support. The phone will reportedly be named "Exodus", and will come with features that are cryptocurrency-related.

The project is being spearheaded by Phil Chen, who previously led the company's HTC Vive VR efforts and will now return to the phonemaker as, er, Decentralized Chief Officer after two years at Horizon Ventures.

HTC Exodus will also support underlying protocols such as Bitcoin, Lightning Networks, Ethereum, Dfinity, and other major networks. Exodus will support not only cryptocurrencies but also decentralised applications.

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.

We have blockchains for currencies, blockchains for sex, and blockchains for phones. "There is a lot of work ahead of us, but I believe the mobile hardware layer can contribute significantly to our new decentralized world", said Chen. "With the release of the HTC Exodus we can now make this a reality". Additionally, the company is considering accepting cryptocurrency payments for the phone itself, even though its price is yet to be decided. The Exodus will have a universal wallet, and users will be able to store cryptocurrencies like Bitcoin inside.

Nevertheless, Chen hopes the new phone from HTC will open up the world of decentralized systems to a mainstream market.

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