Smartphone firm HTC is taking a dive into the cryptocurrency space and expansive blockchain industry as it unveiled the HTC Exodus.
The company is describing the model as the “world’s first native blockchain phone.”
The Android phone will be fitted to offer support for decentralized applications (DApps) such as CryptoKitties, and it would feature a secure hardware enclave to give users with access to a universal cryptocurrency wallet that is inherent to the device. The phone would work well with a number of protocols and would also back interoperability.
The device is being developed under the guidance of Phil Chen, who helped make HTC’s virtual reality headset Vive. Chen, who now is “chief decentralized officer,” would lead all of the firm’s cryptocurrency and blockchain-related projects.
“Through the Exodus, we are also excited to be supporting underlying protocols such as Bitcoin, Lightning Networks, Ethereum, Dfinity, and more,” Chen said in a blog post that came with the announcement.
“We would like to support the entire blockchain ecosystem, and in the next few months we’ll be announcing many more exciting partnerships together. Together, we want to craft the best blockchain & decentralized application experiences to end consumers.”
Chen explained that he is banking on the Exodus’ mobile hardware layer would give end consumer the ability to “truly own their data.”
Chen said: “I want to see a world where the end consumers can truly own their data (browsing history, identity, assets, wallets, emails, messaging, etc) without the need for central authorities. There is a lot of work ahead of us, but I believe the mobile hardware layer can contribute significantly to our new decentralized world.”
HTC has not yet published just how much the Exodus would cost, but the company did hint that it is considering accepting cryptocurrency payments once it becomes is for purchase.
- Vulnerability Discovered in Constantinople Hard Fork 16 January 2019
- Belarus Introduces Trading Platform That Allows Purchase of Tokenized Securities 16 January 2019
- Repsol Says Blockchain Can Help It Save 400,000 Euro a Year 16 January 2019
- Bitcoin Price Down as Cryptocurrencies Falter Again 16 January 2019
- National Crypto of Marshall Islands to Be Launched This Year? 16 January 2019
Russia6 days ago
Russian Parliament to Tackle Digital Economy Bills in Next Session
Cryptocurrency6 days ago
Venezuela WTO Request Charges US of “Discriminatory Measures” vs. Petro
Technology6 days ago
Bitwise Files With US SEC for New Bitcoin ETF
Bitcoin6 days ago
Tobacco Shops in France Begin Selling Bitcoin Without Regulatory Say-So