HTC to launch blockchain phone Exodus

HTC to launch blockchain phone Exodus

HTC to launch blockchain phone Exodus

Today it was time for the first well known smartphone brand to jump into the fray: HTC. Now it looks like HTC wants in on it as well and have teased an upcoming smartphone called the HTC Exodus.

An Android phone, based on the blockchain, is being developed by HTC. The numerous ways in which state-sponsored Russians trolls influenced USA politics ahead of the 2016 presidential election.

Unlike ordinary smartphones, whose main features might be a high-resolution display, facial recognition or artificial intelligence, the main features of the HTC Exodus are quite cutting edge: decentralized apps (DApps), cryptocurrency wallets for storing Bitcoin, Lightning Networks, Ethereum and Dfinity.

Not only that, but the company also reportedly plans to create its own native blockchain network with all Exodus devices to act as nodes to facilitate crypto trading among users. In April, Sirin Labs said that Foxconn will make its Finney phone.

Following Google's acquisition of the company's engineering team late previous year, HTC has been nearly silent on the future of its smartphone products - so it's somewhat reassuring to hear they aren't quite out of ideas just yet.

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When the Exodus launches, it will support Bitcoin, Ethereum and a few other major networks, though HTC expects to add support for other cryptocurrencies in the future.

"The phone is the most prevalent device in this world". The goal, he said, is to build a phone that supports a decentralized system. Meanwhile, users will be able to interact with their currency wallets through APIs and will be backed by a hardened component stack when they do so.

Chen previously ran the HTC Vive VR headset business. "With the release of the HTC Exodus we can now make this a reality", says HTC.

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