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HTC announces its first blockchain-based smartphone by the end of the year

HTC announces its first blockchain-based smartphone by the end of the year

Though the few looks that still follow the path of Taiwanese company HTC To unveil the U12+ next Wednesday, May 23rd, the company itself has decided to take some credit for what’s being tipped to be the next star phone by announcing it a new terminal that will arrive at the end of this year.

His name is HTC Exodusand the most special feature is that it is the The company’s first phone based on blockchain technology. Among other things, this means that it will be a great device for users to use as a physical wallet for their cryptocurrencies and that it will be coincidente with decentralized applications.

The HTC móvil is expected to store cryptocurrencies by the end of the year

Phil Chen, the founder of the HTC Vive Division, is the Division Manager that will bring the world to the HTC Exodus. virtual reality. In the terminal notification as is echo on The next web, Chen said the following:

“We are excited to support foundational protocols like Bitcoin, Lightning Networks, Ethereum, Dfinity and more through Exodus. We aim to support the entire blockchain ecosystem and will be announcing many exciting partnerships in the coming months.”

HTC also wants to go further, and It is suggested to accept cryptocurrencies as a valid form of payment when purchasing the Exodus. However, the price is currently not given, neither are its specifications. The only thing we know today about the technical department is that Android will be the operating system responsible for bringing it to life.

On the other hand, the fixed plans Build your own blockchain network where all Exodus devices act as nodes. with the aim of facilitating cryptocurrency operations.

“We expect a phone where you have your own keys, identity and data, and your phone is at the heart.”

This is worth emphasizing The HTC Exodus will not be the world’s first móvil inteligente based on blockchain technology. This title is owned by Sirin Labs Finney, a terminal launched by Russian company Sirin last September, which is due out in late 2018 at a price point of nearly $1,000.

Although on paper, blockchain-based teléfonos inteligentes should offer more security to users who own cryptocurrencies, thanks to the inclusion in the realm of this so-called technology. cold walletas well as easier exchange without paying mining fees, Manufacturers have not provided any evidence justifying the use of this type of device in relation to a typical móvil inteligente and specific programa. Unfortunately, we have to wait and see whether this is really worthwhile until the first devices with this technology see the light of day.

More information | HTC Exodus

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