HTC planning a Blockchain-powered smartphone

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

Furthermore, all Exodus phones will also act as nodes to manage cryptocurrency trading that takes place through HTC's own blockchain network.

The Android-powered phone will be tailor-made to provide support for decentralized applications (DApps) like CryptoKitties, and it will feature a secure hardware enclave to provide users with access to a universal cryptocurrency wallet that is native to the device.

HTC has not yet released a price tag for the Exodus, but the company did hint that it is considering accepting cryptocurrency payments once it becomes available for purchase.

HTC, however, isn't the first to come out with a Blockchain-powered phone.

HTC is joining the blockchain future with a new phone powered by blockchain tech. However, it seems like the company chose to take a break, or a separate group from the company made a decision to come ahead and announced an entirely new device, the HTC Exodus.

Unveiled on Tuesday, the HTC Exodus is instead the first phone by a major brand that's dedicated to blockchain encryption, the security technology that forms the base of cryptocurrencies such as Bitcoin and Ethereum. With a Blockchain smartphone, HTC is going to need to build an ultra-secure smartphone, which is something HTC hasn't done before (and really no manufacturer has), but it should make for an interesting device.

As per the listing on HTC India website, the company is working with multiple protocols with the intent of interoperability between blockchains.

Here's what Phil Chen, HTC's lead on this project, said about Exodus.

In addition to cryptocurrency manipulation, blockchain is touted for its ability to offer both better security and user experience by incorporating cold wallet storage - offline cryptocurrency storage - directly into the phone. It is also unknown if the device will be retailed in territories outside of the US. In April, Sirin Labs said that Foxconn will make its Finney phone.

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