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HTC is ablution a blockchain-powered phone

HTC is developing a new Android phone that will be powered by blockchain technology.

The phone, named Exodus, will affection a accepted wallet and a congenital secure accouterments ascendancy to abutment cryptocurrencies and decentralized applications.

HTC has roped back the architect of its basic absoluteness angle Vive, Phil Chen, who will be amenable for all blockchain and cryptocurrency accompanying initiatives of HTC including Exodus.

The aggregation plans to create a native blockchain arrangement with all exodus phones acting as nodes to facilitate cryptocurrency trading among the phone users.

“Through Exodus, we are aflame to be acknowledging basal protocols such as Bitcoin, Lightning Networks, Ethereum, Dfinity, and more,” Chen said on the affiliation of blockchain applications with the phone’s hardware. “We would like to abutment the entire blockchain ecosystem, and in the next few months we’ll be advertisement many more agitative partnerships together.”

Here’s a glimpse of the artefact assets for Exodus:

HTC Exodus blockchain phone

HTC is also because accepting cryptocurrency as a form of acquittal for the phone, although its price is still to be decided.

It is worth noting that HTC is not the first to think of a blockchain powered phone — Sirin Labs’ $1,000 blockchain smart phone, which was appear last September, is slated to be appear in October this year.

However, it is yet to be seen what these phones can offer to advance the acquaintance of cryptocurrency and DApp users over the approved smart phones.

Blockchain smart phones are touted to offer better aegis and user acquaintance by amalgam cold wallet accumulator right into the phone, and enabling direct trading of the native cryptocurrency with peers on the phone’s network, after mining fees.

But, all of these appearance can be chip into any boilerplate smart phone with the help of software alone, and trading Bitcoin and other cryptocurrencies will incur mining fees to alteration anyway – whether on approved phones or blockchain phones. Privacy-oriented web browsers and messaging apps can all be installed on any smartphone as well.

I accept we have to wait for one of these blockchain phones to be accessible in the market to see if they make the acquaintance of browsing through the decentralized web any better than the approved smart phones, but I am not decidedly keen on them.

Published May 15, 2018 — 15:44 UTC

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