9 Oct, 2019

HTC Exodus 1s to Come With Built-In Blockchain, Crypto

In what will come as a surprise, phone company HTC announced that it was unveiling HTC Exodus 1s, which is a cheaper version of the Exodus 1 phone with built-in cryptocurrency and blockchain. The company said it would be launching the new phone in the third quarter of 2019, according to news portal Venture Beat.

Last year in October, HTC had announced that Exodus 1 was up for pre-order and shipping would start from December. The company had also revealed the actual specs of the blockchain phone that would be based on Android OS. HTC had also made it clear that the phone had to be purchased with cryptocurrency.

The phone company opined that it would ‘democratize access to crypto and blockchain technology’ and ‘help global proliferation and adoption’. The company would release further details on exact specifications and cost over the coming months, the news portal added.

Speaking about the development, Phil Chen, decentralized chief officer at HTC said, in a statement, “Exodus is about empowering the user. We gave users the ability to own their own keys, and now we’ve gone one step further to allow users to run their own full node. We are democratizing access to the technology for a free world. Full nodes are the most important ingredient in the resilience of the Bitcoin network, and we have lowered the barrier to entry for any person to run a node, which is simply a computer, mobile in our case, participating in a global Bitcoin network that propagates transactions and blocks everywhere, which is the foundation and fundamental definition of a peer-to-peer cash system.”

In February this year, HTC announced that its Exodus blockchain smartphone would support Ethereum and Decentraland dApps in its ZIONVault integrated cold storage. The smartphone would also support Taiwanese dApp called Numbers, which is an app that allows users to sell their data to third party companies for cryptocurrency while retaining control over what they sell and what they do not sell.