HTC developing blockchain smartphone called Exodus with Vive headset creator

Product Drawings of the HTC Exodus

Product Drawings of the HTC Exodus

HTC is hoping that all its Exodus phones will act as nodes for facilitating blockchain transactions, including cryptocurrency exchange.

HTC isn't the first to tout a blockchain phone.

"Through the Exodus, we are also excited to be supporting underlying protocols such as Bitcoin, Lightning Networks, Ethereum, Dfinity, and more", Chen wrote in a blog post accompanying the announcement. 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.

According to The Next Web, Exodus will feature a, "universal wallet and a built-in secure hardware enclave to support cryptocurrencies and decentralized applications". HTC hasn't yet disclosed other key details such as commercial availability, price and specifications of the phone. Phil would oversee blockchain developments at HTC. The launch date is also yet to be announced.

Each Exodus phone will act as an encrypted node on a blockchain network, making the phone and data stored on it, as hard to break into as it is to tamper with a Bitcoin block (very hard, in other words).

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. The Bitcoin wallet app was developed for the phone company by Bitmain the Chinese based Bitcoin mining hardware manufacturer.

HTC has rivals the race for the world's first Blockchain smartphone.

We've already seen a couple of early adopters: the Sugar S11 Blockchain Creation Edition in January, and the Sirin Finney earlier this month. 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. It has a 6-inch display at 18:9 aspect ratio, 402ppi and 1500:1 contrast ratio.

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