HTC Reveals ‘Exodus’ First Blockchain Powered Android Smartphone

HTC Unveiled Plans To Launch ‘Exodus' Blockchain-Powered Smartphone

Back on Tuesday, HTC announced that it is launching a blockchain-powered smartphone called HTC Exodus, known as the world’s first native blockchain phone. HTC exodus will have support for multiple blockchains that include Bitcoin (BTC), Ethereum (ETH), and other could be included in the future.

HTC Exodus the Blockchain powered Smartphone

According to some reports, the smartphone will be similar to other phones already produced by HTC. But there will be one main difference, it will be able to support blockchain-based applications, something that the company describes as “built-in secure hardware.”

The phone has been created for those users who value privacy, but the price has not been unveiled. Users will have control over their data, without relying on other major technology companies for cloud storage and other services.

The Taiwanese company has also explained that the phone will also feature a universal wallet that will support different virtual currencies. In the future, HTC is planning to create a native blockchain network with all Exodus unites acting as nodes to facilitate cryptocurrency trading among their owners.

Phil Chen, heading of HTC’s blockchain business, commented:

“Through Exodus, we are excited to be supporting underlying protocols such as Bitcoin, Lightning Networks, Ethereum, Dfinity, and more. We would like to support the entire blockchain ecosystem, and in the next few months we’ll be announcing many more exciting partnerships together.”

Mr. Chen suggested that the phone could be purchased using cryptocurrencies. Furthermore he said that the phone could help building more decentralized societies.

“We think that the phone can be an agent in the future for decentralization. We want you to hold your own key [through] a secure management method in our phones.”

HTC is not the first smartphone manufacturer that decided to develop a blockchain-based smartphone. Indeed, Sirin Labs, announced some months ago, that it was developing a smartphone to function on the blockchain and capable of running its own cryptocurrency token.

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