HTC Announces New Smartphone Powered by Blockchain Technology

HTC Announces New Smartphone Powered by Blockchain Technology

Well, the phone's hardware is optimized to support decentralized apps (dApps), and there's a built in "universal wallet" to support storing your 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. Chen envisions a future where the Exodus supports "the entire blockchain ecosystem", and HTC wants to create a native blockchain network, with Exodus devices working as nodes that serve as cryptocurrency trading points for users. If that doesn't get you Mr. Robot fanboys going, I don't know what will.

Phil Chen, who previously led the HTC Vive program, is now the "Decentralized Chief Officer" and in charge of the Exodus teams.

Chen said, "Through Exodus, we are excited to be supporting underlying protocols such as Bitcoin, Lightning Networks, Ethereum, Dfinity, and more".

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. While the Taiwanese company has consolidated much of its mobile offerings in recent years, it announced today at the Consensus 2018 blockchain conference in NY that its upcoming Exodus handset is embracing everyone's favorite tech buzzword.

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Exodus is expected in October.

We've already seen a couple of early adopters: the Sugar S11 Blockchain Creation Edition in January, and the Sirin Finney earlier this month.

There's no news yet on the specs, but the company will likely reveal more later today. Additionally, trading in most cryptocurrencies will still incur mining fees - even on blockchain devices.

The Taiwanese OEM is also considering allowing users to actually buy the device using cryptocurrency, though no set price has been announced. CryptoCurrency? Well, HTC thinks there's a lot of interest in it, so much so they're developing a blockchain friendly smartphone.

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