HTC Exodus the World's first Blockchain Smartphone release


Though it was an almost inaudible name, HTC was still continuing creating new phones. And, the Taiwanese manufacturer has just released a new Android smartphone with blockchain based

The phone called Exodus, will be equipped with universal wallet and hardware support for various cryptocurrency applications. Initially, Exodus will support bitcoin, ethereum and some other major networks, and the list will continue to grow.

HTC wants a blockchain network which uses its Exodus smartphone as a tool to support the exchange of cryptocurrency between users and allow buying Exodus using cryptocurrency.

All blockchain-related initiatives will be led by HTC founder Vive Phil Chen. This change follows a growing trend, such as a number of Facebook Messenger and Instagram executives who move to the blockchain division for Facebook.

Chen will also have a new position, namely decentralized chief officer,

In a blockchain conference in New York City, Chen said that HTC imagines a phone where users store their private keys, identities, and data, and the phone is a hub.

Hub

The device is the brainchild of Phil Chen, who was the driving force behind the HTC Vive virtual reality headset.

He told TheNextWeb that HTC, "would like to support the entire blockchain ecosystem, and in the next few months we’ll be announcing many more exciting partnerships together.”

“We envision a phone where you hold your own keys, you own your own identity and data, and your phone is the hub," Chen told the Consensus 2018 blockchain conference in New York yesterday.

Exodus is not the first phone based on the blockchain. The first blockchain phone named Finney, created by Sirin Labs, which allows users to store and use digital currency without paying a transaction fee. This phone costs USD 1000.

HTC was still continuing creating new phones. And, the Taiwanese manufacturer has just released a new Android smartphone with blockchain based