HTC Unveils Blockchain-Powered Smartphone ‘Exodus’

HTC Unveils Blockchain-Powered Smartphone ‘Exodus’

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May 16, 2018 by Henrik Bliss
2002
  Taiwanese smartphone maker HTC has revealed that it will be launching a new Android phone that is powered by blockchain technology, TNW reported on Tuesday. According to its website, the smart phone dubbed ‘Exodus’, will be “dedicated to decentralized applications [DApps] and security”, and also act as a storage device for holding cryptocurrencies. In
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Taiwanese smartphone maker HTC has revealed that it will be launching a new Android phone that is powered by blockchain technology, TNW reported on Tuesday.

According to its website, the smart phone dubbed ‘Exodus’, will be “dedicated to decentralized applications [DApps] and security”, and also act as a storage device for holding cryptocurrencies.

In a blog post, Phil Chen, Decentralized Chief Officer at HTC Exodus, wrote:

“The HTC Exodus is the first native blockchain phone dedicated to bringing end consumers the best decentralized application (DApp) experiences, including a built-in secure hardware enclave, and helping underlying protocols expand their base of dedicated nodes, thus expanding the total blockchain ecosystem.”

The smart phone will have support for underlying protocols such as Bitcoin, Lightning Networks, Ethereum, and Dfinity, according to Chen.

Speaking to Coindesk, Raymond Pao, associate vice president of VR new technology for HTC, said the smart phone will power the decentralize web and will be a core component for the cryptocurrency ecosystem.

“We believe smartphones will be a critical component for the entire crypto ecosystem. This phone will act as the hub, just like the PC did in the early days of the Internet,” he said.

Exodus is expected to be shipped by the end of the year. According to Chen, the company will launch a pre-sale in which both bitcoin and ethereum will be accepted.

HTC’s blockchain smartphone initiative follows a similar initiative by Sirin Labs, which raised $157.8 million in a crowdsale to fund the development of FINNEY devices – the cyber-protected, blockchain-enabled mobile phone and PC. The latter recently unveiled the specifications of the highly anticipated phone.

 


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