Yes, HTC is working on a 'blockchain phone'

  • Yes, HTC is working on a 'blockchain phone'

Yes, HTC is working on a 'blockchain phone'

HTC has announced that it will be making a Blockchain smartphone, named the HTC Exodus. 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.

HTC's new blockchain initiative is being spearheaded by Phil Chen, who led the company's virtual reality headset platform HTC Vive. HTC sees the Exodus as a handset that will let owners keep their data - and blockchain currencies - private and secure on the device rather than in the cloud, where your sensitive information may be easier to extract and tamper with. The idea behind the phone isn't so much about mining for cryptocurrency itself, but acting as a node for a native blockchain network that can be used to facilitate cryptocurrency trading amongst the phone's users. The phone will support popular cryptocurrencies such as bitcoin and ethereum. 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.

HTC joins a growing list of top technology companies foraying into the blockchain segment. Samsung last month was reported to be building blockchain network, but for its own global supply management. Huawei has hopped on to blockchain bandwagon by hosting a bitcoin wallet on its phones. While the Exodus phone maintains a crypto-connection, its important to understand the basics of blockchain outside of cryptocurrencies to see how revolutionary this device could be. The company has also included a few advanced security features and claims the phone is virtually "tamper proof". It has a 6-inch display at 18:9 aspect ratio, 402ppi and 1500:1 contrast ratio. However, these features are available on most phones using apps and other software anyway.