HTC is gearing up for the launch of its next flagship smartphone that will be unveiled on May 23rd. Today, the company announced its plans to make a new blockchain-powered Android smartphone, dubbed as HTC Exodus.

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HTC Exodus: A Blockchain-Powered Phone

According to TheNextWeb, the Exodus phone will offer an improved experience of cryptocurrency and DApp users over the regular smartphones. The phone will also have universal wallet (including support Bitcoin, Dfinity, Lightning Networks and more) and hardware support for cryptocurrencies and decentralized apps.

HTC Exodus
IMG: Consensus 2018

Blockchain smartphones are praised to offer better security and user experience by integrating cold wallet storage right into the phone and enabling direct trading of the native cryptocurrency with peers on the phone’s network, without mining fees.

Do note; HTC Exodus is not world’s first blockchain-powered smartphone, that credit is taken over by Finney smartphone, a phone that lets people store and use digital currencies while skipping transactions fees. It is created by Sirin Labs and costs USD 1000.

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Coming back to HTC Exodus, no pricing details or release date have been seen yet, but one thing is for sure that users will have to purchase the phone using cryptocurrency.

It is interesting to see a range of companies coming towards blockchain seeking more profits and to remain competitive to decentralized networks. What do you think about this device? let us know your thoughts in the comment section below.


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