A prominent smartphone maker is building a blockchain-based smartphone
May 16, 2018, 15:19 IST
- Taiwanese company HTC announced a new phone, based on blockchain technology.
- The new phone will apparently be called Exodus.
- The company wants to support the entire blockchain ecosystem through its new projects led by Phil Chen.
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The smartphone will feature a Universal wallet and a built-in secure hardware enclave to support cryptocurrencies and decentralized applications. The company’s blockchain smartphone project is being led by Phil Chen, the man behind HTC’s Vive VR headset. Chen will also be leading future efforts around this device.
In order to facilitate cryptocurrency trading among the Exodus phone users, HTC plans to create a native blockchain network with all the new phones acting as nodes.
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That said, we don’t yet have word on how much HTC will sell this smartphone at. A startup called Sirin Labs had announced a blockchain smartphone in September last year. While that phone is expected to arrive in October 2018, it had been priced at $1000, which may give us an inkling to what HTC may charge for its device.
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