HTC Reveals Plans To Launch Blockchain-Powered Smartphone

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HTC Reveals Plans To Launch Blockchain-Powered Smartphone

Client electronics company HTC has unveiled “the primary native blockchain telephone”, HTC Exodus, which can launch with assist for a number of blockchains, together with Bitcoin (BTC) and Ethereum (ETH) networks, PCMag reported Could 15. HTC Vive creator Phil Chen introduced the forthcoming venture on the Consensus convention in New York Metropolis at this time.

Chen highlighted that the upcoming telephone will assist “a number of blockchain protocols,” similar to Bitcoin, Ethereum, Lightning Community (LN), and Dfinity community. He mentioned the corporate’s mission is to assist your entire blockchain ecosystem as a way to “assist underlying protocols develop their base of devoted nodes.”

The Android cellular system will reportedly characteristic a common cryptocurrency pockets in addition to a “safe enclave.” Chen additionally careworn that the HTC Exodus would supply excessive requirements of safety and knowledge safety:

“I need to see a world the place the top customers can actually personal their knowledge—looking historical past, identification, property, wallets, emails, messaging—with out the necessity for central authorities.”

Whereas Chen didn’t specify both the estimated worth of Exodus or the anticipated launch date, he mentioned that the corporate could contemplate cryptocurrency as a way of cost for the upcoming a number of blockchain-powered telephone.

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HTC has seen its world market share in cellular units shrink from almost 11 % in 2011 to lower than one % final yr. Whereas HTC’s high-end smartphone manufacturing might attain 500,000 to 1 mln this yr, that quantity pales compared to Samsung, who reportedly shipped 20 mln items of the Galaxy S8 in 2017.

HTC is just not the primary to develop a blockchain-based cell phone. In April, the blockchain-oriented OS developer and provider Sirin Labs discovered a producer for its blockchain smartphone. FIH Cell, a subsidiary of Foxconn Know-how, has agreed to assist develop the telephone. Foxconn is a big in electronics contract manufacturing, with shoppers together with Apple, Google, Cisco, Huawei, and Amazon.

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