HTC Exodus Is A Blockchain-Powered Smartphone

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

HTC Exodus to Be 'World's First Native Blockchain Phone'

Smartphone manufacturer HTC is taking a major leap into the cryptocurrency ecosystem and wider blockchain industry. It'll be interesting to see if HTC will be another company to launch the $1,000 phone.

The new Exodus smartphone will support both Bitcoin and Ethereum as well as other cryptocurrencies with its universal wallet, secure hardware, and decentralized apps.

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HTC plans to use the devices to create a blockchain network which will allow users to trade cryptocurrencies among themselves. In what can be called a sales goal declaration, HTC wants to have double the number of nodes that Ethereum now has - reported 16,656 active nodes as of press time - and triple the nodes of Bitcoin.

According to The Next Web, HTC's blockchain phone will be called Exodus and is scheduled for a release at some point in October.

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Speaking to the publication, Chen stated that HTC is working on integrating blockchain applications with the phone's hardware in order to increase support for the entire blockchain ecosystem. The company is also said to be exploring the possibilities of launching its own cryptocurrency. In fact, the Exodus is one initiative from Phil Chen, HTC's new decentralized chief officer, who will focus the company's blockchain and cryptocurrency efforts. We launched the world's first Android smartphone and brought the best smartphone experience to the masses.

Speaking with CoinDesk, Chen said that they are targeting the end of 2018 to ship the blockchain phone.

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"We envision a phone where you hold your own keys, you own your own identity and data, and your phone is the hub", Chen told the Consensus 2018 blockchain conference in NY yesterday. At the moment, there is no information provided about price or expected release date for the new device.

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