HTC Exodus Coming Later This Year, Powered by Blockchain

HTC Exodus

HTC Exodus

There's also a secure hardware enclave created to support decentralised applications, which don't require validation from the likes of Google and Apple.

At a blockchain conference today, HTC announced a new concept Android phone that is optimized for the blockchain. It'll sport a universal wallet and an onboard secure hardware enclave, TheNextWeb reported.

HTC is also planning to launch a native blockchain network, where Exodus phone owners can trade cryptocurrency with each others.

The HTC Exodus comes amidst the Google acquihire of two thousands employees, while the company's primary lead is now in virtual reality with the Vive.

"Through Exodus, we are excited to be supporting underlying protocols such as Bitcoin, Lightning Networks, Ethereum, Dfinity, and more", Chen said on the integration of blockchain applications with the phone's hardware.

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Still, it is likely to face a much tougher battle in the house, and could be vetoed by President Donald Trump . A group of 22 states led by NY and others have sued to try to stop new rules from taking effect.

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"We would like to support the entire blockchain ecosystem, and in the next few months we'll be announcing many more exciting partnerships together". As the company's "Decentralized Chief Officer", Chen notes users will own their "ID and data" right on the phone, instead of the cloud. Similarly, there's no set release date beyond "by the end of the year". Last September, Sirin Labs announced a $1,000 blockchain-powered handset which is slated to launch in October 2018. Phil would oversee blockchain developments at HTC.

Huawei is also reportedly considering the technology for one of its future devices.

But, all of these features can be integrated into any average smart phone with the help of software alone, and trading Bitcoin and other cryptocurrencies will incur mining fees to transfer anyway - whether on regular phones or blockchain phones.

Of course, as TNW points out, these types of features can already be installed on basically any smartphone already on the market.

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