HTC is launching a new Android phone that will be driven by blockchain technology. The cell phone Exodus will attribute a complete wallet and a built-in protected hardware commune to bear cryptocurrencies and decentralized functions.
HTC has corded back the inventor of its effective authenticity who will be accountable for all blockchain and cryptocurrency related initiatives of HTC including Exodus. The firm plans to fashion a local blockchain network with all exodus phones acting as nodes to ease cryptocurrency trading amongst the phone users.
From first to last we are thrilled to be sustaining original practices such as Bitcoin, Ethereum, and other, Chen said on the incorporation of blockchain applications with the phone’s hardware. We would like to sustain the intact blockchain ecosystem, and in the subsequent few months, we’ll be announcing many more exhilarating enterprises collectively.
HTC is also considering accommodating cryptocurrency as a structure of payment for the phone, although its price is still to be determined. It is value noting that HTC is not the first to think of a blockchain powered phone — Sirin Labs’ $1,000 blockchain smartphone, which was proclaimed last September, is line up to be released in October this year.
Though, it is yet to be seen what these phones can offer to improve the experience of cryptocurrency and DApp users over the regular smartphones. According to TechCrunch, Blockchain cell phones are hyped to present enhanced security and user know-how by integrating cold wallet storage right into the cell phone and enabling direct trading of the local cryptocurrency with peers on the phone’s network, without mining cost. But, all of these features can be included in an average smartphone with the aid of software alone, and trading Bitcoin.[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]