Published: Wed, May 16, 2018
Science | By Michele Flores

HTC is creating an Android phone that's powered by blockchain

HTC is creating an Android phone that's powered by blockchain

HTC has announced that it will be making a Blockchain smartphone, named the HTC Exodus. The idea is to develop a blockchain network with Exodus phones as nodes to drive trading of digital currencies among the users of HTC phones. A new report published today revealed that HTC is also building a Android powered blockchain phone called the HTC Exodus. Chen said HTC wants to eventually support the entire blockchain ecosystem, and that it will be announcing new partnerships in the few months to come.

Blockchain-powered smartphones further feature integrated cold wallet storage and trade directly with other wallets without third-party interfaces. After Switzerland-based Sirin Labs unveiled the first commercial blockchain phone Finney, HTC is joining the bandwagon with its own "Exodus".

As of now, HTC has released only the sketches and hopefully we will hear more about the phone soon.

Details, including price, are now scant.

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HTC says it wants to support Bitcoin and Ethereum with universal wallet, secure hardware and decentralized apps. Blockchain technology can be applied anywhere security and decentralization are important, from online shopping to private communications, and HTC is hoping to tap into that. The launch date is also yet to be announced.

There's no doubt that HTC's trying something different compared to most other Android OEMs with Exodus, but I'm not sure this is the product that'll revitalize the company's mobile business.

Notch and AI aren't the only buzzwords floating around the smartphone world as blockchain is surely looking like a future of smartphones to some manufacturer. Sirin Labs announced a $999 United States dollars blockchain phone previous year, a device reportedly being made by Foxconn. With the current crypto-craze, the phones may sell well, regardless if they offer actual functionality beyond what users can get on their devices right now.

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