HTC has discovered the buzzword of the year, and decided to make a smartphone around it with their upcoming Exodus handset announcement during the Consensus 2018 blockchain conference in NY, where we recently saw a crypto-powered beer vending machine unveiled.
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. If that doesn't get you Mr. Robot fanboys going, I don't know what will.
According to Chen, "We would like to support the entire blockchain ecosystem, and in the next few months we'll be announcing many more exciting partnerships together".
The HTC Exodus, will be similar to HTC's other Android smartphones.
HTC's yet to announce pricing for its Exodus phone, but when it does go on sale, customers will be able to purchase it using, you guessed it, cryptocurrency. So far, there is no word about when we might see the Exodus, but Sirin's Finney is now expected to launch in October. Chen's new title is going to be "decentralized chief officer". The big-picture idea, says HTC, is that this is a phone for the privacy-minded user. Today it was time for the first well known smartphone brand to jump into the fray: HTC.
The unique selling point of a blockchain smartphone is that it supposedly offers better security and an improved user experience by integrating cold wallet storage right into the device, and enabling direct trading of the native cryptocurrency with peers without mining fees.
Huawei is also reportedly considering the technology for one of its future devices.
At its most basic level, blockchain is a digital ledger - it's commonly used as a record of cryptocurrencies and transactions made using that currency.