Categories: Gadgets

HTC announces its first blockchain-based smartphone by the end of the year

Although the few looks that still follow the route of the Taiwanese firm HTC are placed in the presentation of…

HTC announces its first blockchain-based smartphone by the end of the year

Although the few looks that still follow the route of the Taiwanese firm HTC are placed in the presentation of thenext Wednesday May 23, the company itself has decided to detract from a certain role that is called to be its next star phone, through the announcement of a new terminal that will arrive later this year.

His name is HTC Exodus , and the main peculiarity is that it’s about The company’s first phone based on blockchain technology . This, among many other things, means that it will be an ideal device for users to use it as a physical portfolio for their cryptocurrencies, as well as being compatible with decentralized applications.

Smartphone to store HTC cryptocurrencies will arrive later this year

HTC announces its first blockchain-based smartphone by the end of the year

HTC announces its first blockchain-based smartphone by the end of the year

The manager of the division that will bring the world to HTC Exodus is Phil Chen, founder of HTC Vive division of virtual reality. In the announcement of the terminal, of whichChen stated the following:

“Through Exodus, we are excited to support underlying protocols such as Bitcoin, Lightning Networks, Ethereum, Dfinity and more. We would like to support the entire blockchain ecosystem, and in the coming months we will announce many more exciting alliances. ”

HTC, in addition, wants to go further, and plans to accept cryptocurrencies as a valid payment method when acquiring the Exodus . However, the price has not been specified at the moment, nor have its specifications been. The only thing we know today about its technical section, is that Android will be the operating system responsible for giving it life.

On the other hand, the firm intends to create your own blockchain network, with all Exodus devices operating as nodes, with the objective of facilitating operations with cryptocurrencies.

“We visualize a phone where you have your own keys, you have your own identity and data, and your phone is the core.”

It is worth emphasizing that HTC Exodus will not be the first smartphone in the world based on blockchain technology . This title belongs, a terminal launched in September last year by the Russian company Sirin, which should see the light at the end of 2018 at a price close to $ 1,000.

Although, on paper, smartphones based on blockchain should offer greater security to users who own cryptocurrencies, thanks to the inclusion of what in the field of this type of technology is called cold wallet , in addition to greater ease when making exchanges without having to pay mining fees, manufacturers have not yet shown evidence to justify the usefulness of this type of terminals with respect to a conventional smartphone and specific software. I am afraid that we will have to wait until the first devices equipped with this technology see the light to see if, indeed, they are worth it.

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Tags: gadgets