HTC, the Taiwanese giant, revealed its plans to launch a new model of the blockchain smartphone that it launched back in 2018.
The main intention is to launch it as soon as in 2019. The information was released by the local news site Digitimes a few hours ago.
HTC Could Release A Second Generation Blockchain Smartphone
According to Phil Chen, the Chief Decentralized Officer of HTC, they want to boost smartphone sales and expand the blockchain ecosystem of the company. In Spring 2018, the firm unveiled the “Exodus” blockchain phone that was one of the first blockchain-based smartphones released in the crypto space.
Chen explained that the sales met the company’s expectations and that new cryptocurrency trading startups were able to increase the demand for the product as well. Bitcoin (BTC) and Ethereum (ETH) users were very interested in this smartphone as soon as it was released. Nonetheless, the firm registered $90.6 million
The new smartphone is expected to extend its supported blockchain apps. There will be new areas such as browsing, messaging and social media that will be able to release their apps through this phone and reach new users. The phone is also going to include personalized e-wallets.
The new blockchain apps will be based on peer-to-peer connections instead of using cloud or mainframe boards as in the previous generation phone.
There are other phone makers such as Samsung that are also starting to develop different services for cryptocurrency and blockchain users. Samsung released the Galaxy S10 smartphone with a crypto wallet embedded.
Sirin Labs has also released the Finney Blockchain Phone that has a custom hardware wallet module included. The smartphone has a separated screen that confirms transactions for users dealing with virtual currencies.
Pascal Gauthier, the new CEO of Ledger, one of the larges hardware wallet manufacturers in the market, said that they are also working with smartphone makers in order to proect users’ funds.