HTC is working on a next-gen 'blockchain phone'

16 May, 2018, 11:27 | Author: Sherry Houston
  • HTC is creating an Android phone that's powered by blockchain

These phones will act as nodes on the network and will enable trading of cryptocurrency among the Exodus users. It also features "The Switzerland of Protocols", a "Universal" wallet, "DApps" (decentralized apps, for non-crypto normies), and all sorts of other nebulously defined features ostensibly meant to enhance security.

As of now, HTC has released only the sketches and hopefully we will hear more about the phone soon.

We're expecting a more conventional flagship phone launch from HTC in the next few weeks, but in the meantime it has announced a blockchain-based handset called Exodus.

Details, including price, are now scant.

Until I can hold one in my hand and see if this "optimized" blockchain phone's performance can really do anything other phones can't do with the right software, i'm undecided on if this is worth being excited for or not. Also SirinLabs itself has announced a Blockchain smartphone, which is still to be developed and manufactured by Foxconn.

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HTC's bid for elevated smartphone security comes at a time of peak scrutiny for security and data privacy: Facebook's ongoing Cambridge Analytica scandal.

Each Exodus phone will act as an encrypted node on a blockchain network, making the phone and data stored on it, as hard to break into as it is to tamper with a Bitcoin block (very hard, in other words). Samsung last month was reported to be building blockchain network, but for its own global supply management. And now he is back to wow the world with HTC's advanced device and to manage all the company's cryptocurrency and blockchain-related initiatives.

Though the price of the new devices is still unknown, it has been announced that the company is going to start distributing the device by the end of the year. Sirin Labs is coming out with a $1,000 blockchain-powered phone in October called the Finney.

Furthermore, the phone will come with a built-in cryptocurrency wallet.

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