HTC Exodus Is A Blockchain-Powered Smartphone

HTC Exodus Is A Blockchain-Powered Smartphone

Though no additional specs, pricing or even confirmation that the HTC Exodus would run Android, HTC has opened up a reservation form for those interested in a blockchain friendly phone. Exodus phones will reportedly behave as "nodes" to facilitate cryptocurrency trading amongst phone users. After Switzerland-based Sirin Labs unveiled the first commercial blockchain phone Finney, HTC is joining the bandwagon with its own "Exodus".

Overseeing the project is Phil Chen, best known as the founder of HTC's Vive virtual reality headset business. "We would like to support the entire blockchain ecosystem, and in the next few months we'll be announcing many more exciting partnerships together".

While there are a number of potential uses for blockchain technology, HTC is sticking to the tried-and-true cryptocurrency application with Exodus.

While HTC's phone isn't available yet, it's rumoured that the company may sell the phone in exchange for cryptocurrency. The phone will be compatible with multiple protocols and will also support interoperability.

HTC Exodus Is A Blockchain-Powered Smartphone

HTC joins a growing list of top technology companies foraying into the blockchain segment.

HTC's bid for elevated smartphone security comes at a time of peak scrutiny for security and data privacy: Facebook's ongoing Cambridge Analytica scandal.

But, all of these features can be integrated into any average smart phone with the help of software alone, and trading Bitcoin and other cryptocurrencies will incur mining fees to transfer anyway - whether on regular phones or blockchain phones. Chen said that he believes that a blockchain-powered smartphone might inspire a new wave of decentralized systems, in the same way that the availability of computers once paved the way for the makings of the internet. Others, including Huawei, have announced that it will also be making a Blockchain smartphone. It has a 6-inch display at 18:9 aspect ratio, 402ppi and 1500:1 contrast ratio.

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