ibusinesslines.com
ibusinesslines.com December 13, 2018


HTC is working on a next-gen 'blockchain phone'

16 May 2018, 09:30 | Jodi Jackson

HTC is working on a next-gen 'blockchain phone'

HTC is working on a next-gen 'blockchain phone'

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. While the Taiwanese company has consolidated much of its mobile offerings in recent years, it announced today at the Consensus 2018 blockchain conference in NY that its upcoming Exodus handset is embracing everyone's favorite tech buzzword. The report explains the phone will have a universal wallet and a built-in secure hardware enclave to support cryptocurrencies and decentralized applications.

Furthermore, all Exodus phones will also act as nodes to manage cryptocurrency trading that takes place through HTC's own blockchain network.

In terms of specifications, the Finney blockchain phone comes with a Qualcomm Snapdragon 845 processor. With the current crypto-craze, the phones may sell well, regardless if they offer actual functionality beyond what users can get on their devices right now.

"Through the Exodus, we are also excited to be supporting underlying protocols such as Bitcoin, Lightning Networks, Ethereum, Dfinity, and more", Chen wrote in a blog post accompanying the announcement. Chen said that he believes that a blockchain-powered smartphone might inspire a new wave of decentralized systems, in the same way that the availability of computers once paved the way for the makings of the internet.


The HTC Exodus, will be similar to HTC's other Android smartphones.

First reported by TheNextWeb, Chen will be transitioning into a new role at HTC to head up the project called "decentralized chief officer".

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

Of course, as TNW points out, these types of features can already be installed on basically any smartphone already on the market. Even with rapidly increasing awareness and interest in the cryptocurrency space, however, it's hard to imagine Exodus making much of a splash.



Other News

Trending Now

Tennessee attorney general sues opioid manufacturer for role in deadly epidemic
Connecticut-based Purdue denied the claims in an email statement that said it will defend itself. The cases have been consolidated before a federal judge in Ohio.

Crypto Exchange Gemini Adds Support For Privacy Coin ZCash
What this suggests then, once Zcash actually hits Gemini, trading volume will skyrocket and thus will the value of the currency. Subsequent to the official announcement of Gemini, the price of Zcash increased from 0.0293 to 0.0456 BTC , by almost two-fold.

Liverpool players can become legends with Champions League win - Wijnaldum
This is my fourth year now and the first time I have got to 30 goals in the Premier League . "So there's still work to do, and I'm really happy about that".

Wife of PGA golfer Lucas Glover arrested on domestic violence charges
US Open victor Lucas Glover's wife has been arrested for attacking him over his poor play at The Players Championship. Open and the 2011 Wells Fargo Open, did tell authorities that his wife had been drinking all day.

Champions Parade: Manchester is Blue!
Ederson has committed himself to Manchester City for the next seven years, the Premier League champions have announced. Along the way, they amassed a record-equalling 11 successive away wins, a feat previously achieved by Chelsea in 2008.

Iran warns of reprisal if United States doesn't compensate
But analysts said Iran was determined to maintain the moral high ground in the coming weeks. But she emphasised that numerous problems began long before Trump's move last Tuesday.

Rhetoric over U.S. exit from Iran deal rises amid threat of sanctions
Zarif and Lavrov also conferred on ways to deal with the legal, economic and political aspects of the USA pull-out of the JCPOA.