The HTC Exodus is a blockchain phone for cryptocurrency traders


Either way, add HTC to the list of companies interested in finding profit from the subject with it's new Exodus, ostensibly a decentralized, blockchain and buzzword-packed marketing experience that may also be a phone.

Well, the phone's hardware is optimized to support decentralized apps (dApps), and there's a built in "universal wallet" to support storing your cryptocurrencies. What this means is that all of you cryptotraders will have no problems managing your "money" and accessing it via all sorts of avenues. A blockchain friendly phone could also enable "direct trading of the native cryptocurrency with peers on the phone's network, without mining fees" according to Tech Crunch. If that doesn't get you Mr. Robot fanboys going, I don't know what will.

Chen was commonly known as the creator of HTC's Vive virtual reality headset.

The Exodus phone will launch with support for the Bitcoin, Lightning Network, Ethereum, and Dfinity networks, but more partnerships will be announced over the next few months to support the entire blockchain ecosystem.

HTC has not shared any release date or price of the phone but it has been now listed on its website for bookings.

HTC is developing a new Android phone that will be powered by blockchain technology.

Following Google's acquisition of the company's engineering team late a year ago, HTC has been nearly silent on the future of its smartphone products - so it's somewhat reassuring to hear they aren't quite out of ideas just yet. Chen, who now holds the title of "chief decentralized officer", will head all of the firm's cryptocurrency and blockchain-related initiatives.

Before HTC, Sirin Labs' blockchain smartphone which was announced in September 2017, is slated to launch in October 2018. Naturally, users will also be able to purchase the phone itself using cryptocurrency.

In terms of specifications, the Finney blockchain phone comes with a Qualcomm Snapdragon 845 processor.