HTC has not yet released other key details such as hardware specifications, commercial availability and price of the blockchain phone. Or is it phones for blockchains? The device is dubbed as Exodus and will feature a crypto wallet with support for decentralized applications (DApps). Last night, HTC announced it is working on a smartphone called Exodus. HTC hasn't shared the sale date, but you can reserve the Exodus phone online. It's an abstract concept, but essentially, cryptocurrency is made possible due blockchain technology.
HTC says its aim is to offer users their own "identity and data on the phone rather in a centralized cloud". Chen, who now holds the title of "chief decentralized officer", will head all of the firm's cryptocurrency and blockchain-related initiatives. HTC's Phil Chen, who created the HTC Vive headset and is now spearheading the company's blockchain efforts, has confirmed that, through Exodus, HTC will support Bitcoin, Lightning Networks, Ethereum, Dfinity, and more.
HTC did not reveal any pricing information for its Exodus smartphone, but said it will accept payment in cryptocurrency.
As of now, HTC has released only the sketches and hopefully we will hear more about the phone soon. The company said they'd like to eventually support the "entire blockchain ecosystem", and added that they'll announce new partnerships in the months to come.
Other Chinese phone manufacturers have announced the development of similar blockchain powered devices soon to be available including Sugar which claims to be developing a phone that can mine Bitcoin and other cryptocurrencies.
Since many smartphones can already handle much of the cryptocurrency trading experience through the use of software, this could be a very specialized handset that only traders might be interested in.