HTC Exodus Is A Blockchain-Powered Smartphone

Product Drawings of the HTC Exodus

Product Drawings of the HTC Exodus

At a blockchain conference today, HTC announced a new concept Android phone that is optimized for the blockchain.

The device, dubbed Exodus, will feature baked-in support for decentralized applications (DApp) and cryptocurrencies. What this means is that all of you cryptotraders will have no problems managing your "money" and accessing it via all sorts of avenues. As part of a native blockchain created by HTC, the Exodus will be able to handle cryptocurrency trading among owners of the phone. If that doesn't get you Mr. Robot fanboys going, I don't know what will.

Introduced and led by Phil Chen, a co-founder of HTC Vive, the Exodus is meant to be the "world's first phone dedicated to decentralized applications and security".

At launch, HTC will support Bitcoin, Lightning Networks, Ethereum, Dfinity and other "underlying protocols".

He added, "We would like to support the entire blockchain ecosystem, and in the next few months, we'll be announcing many more exciting partnerships together".

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HTC hasn't released any official images of what the Exodus will look like.

Exodus is expected in October.

In terms of specifications, the Finney blockchain phone comes with a Qualcomm Snapdragon 845 processor. Chen's new title is going to be "decentralized chief officer".

The Taiwanese OEM is also considering allowing users to actually buy the device using cryptocurrency, though no set price has been announced.

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

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Huawei is also reportedly considering the technology for one of its future devices.

Blockchain smart phones are touted to offer better security and user experience by integrating cold wallet storage right into the phone, and enabling direct trading of the native cryptocurrency with peers on the phone's network, without mining fees.

Of course, as TNW points out, these types of features can already be installed on basically any smartphone already on the market.

While there aren't too many details on the new smartphone, the company did give some idea of what to expect.

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