HTC working on blockchain-powered Android smartphone

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

While the Exodus phone maintains a crypto-connection, its important to understand the basics of blockchain outside of cryptocurrencies to see how revolutionary this device could be. Last night, HTC announced it is working on a smartphone called Exodus.

Schematics of the phone shows it has a single camera, support for storage expansion, and nano-SIM support.

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.

The device is the brainchild of Phil Chen, who was the driving force behind the HTC Vive virtual reality headset. According to Chen, "Through Exodus, we are excited to be supporting underlying protocols such as Bitcoin, Lightning Networks, Ethereum, Dfinity, and more".




HTC, however, isn't the first to come out with a Blockchain-powered phone. "There is a lot of work ahead of us, but I believe the mobile hardware layer can contribute significantly to our new decentralized world". "Together, we want to craft the best blockchain & decentralized application experiences to end consumers", he stated.

HTC has revealed the development of a blockchain-based device known as the Exodus. Each Exodus phone will serve as its own node in the greater make up of the network that forms its native blockchain system to support cryptocurrency trading between users.

Before HTC, Sirin Labs' blockchain smartphone which was announced in September 2017, is slated to launch in October 2018. There's no word on when the Exodus will be made official, but we should get more details later today. It's quite likely that the future phones will be readied with blockchain and generic cryptocurrency compatibility in mind.

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