Author: Gan Jia Ci
HTC, a Taiwanese electronics giant, revealed the Exodus smartphone for the first time on Tuesday as “the first native blockchain phone”. The HTC Exodus is an upcoming Android smartphone plan that will work as a mobile connecting point to decentralised networks worldwide and a universal cryptocurrency wallet for users to store digital currency.
HTC Vive’s creator Phil Chen declared that he will be making a comeback by adopting blockchain at the Consensus conference in New York City.
Chen explained that the new smartphone will work with different blockchain protocols, including Bitcoin, Ethereum, Lightning Network (LN), and Dfinity network. According to him, the company wishes to launch the blockchain-powered smartphone project soon. “We’re looking to ship by the end of this year,” he told CoinDesk.
Associate vice president of VR new technology for HTC, Raymond Pao, mentioned that they “will be building the framework and phone that powers the decentralised web”.
Chen also stated that plans to adopt cryptocurrency as payment for the Exodus smartphones are also underway.
He spoke to CoinDesk,
“We believe smartphones will be a critical component for the entire crypto ecosystem. This phone will act as the hub, just like the PC did in the early days of the Internet. If we look at the industry, there are moving in two directions. One side is 100% centralized so that the platform company knows all the details of the users. The value the platform companies can provide is fully customized service to each single person. The more the user shares to the platform company, the better-customized services the platform companies can provide. On the opposite side, there are the users who care about their privacy more and want to own their information and identification. As the phone is the most personal device we use every day, we want to work on the decentralized ecosystem with the users who care most about their privacy.”
HTC is not the first electronics giant to adopt blockchain technology. Recently, Hua Wei announced that they will be including BTC.com Bitcoin wallets in AppGallery. LG Electronics will also be launching their own blockchain platform, Metabase, reported by Block Asia.