HTC Exodus is the Company’s First Ever Blockchain Based Phone

HTC, one of the oldest names in the Android ecosystem, is reportedly planning a comeback by adopting ways of the future.

The company has announced a blockchain-powered smartphone, called the Exodus. The move follows those of Facebook and others in recent times to enhance the adoption of blockchain-based applications. HTC did not cause any unnecessary noise, it silently announced the so-called game-changer in a blog post at Medium without hyping the market with preliminary teasers or ads.

The project is headed by the creator of Vive, Phil Chen, which is the other radical, niche product division at HTC.

HTC EXODUS

As part of the initiative, the Exodus has a universal wallet, decentralized applications and enhanced security measures on both the hardware and software front. HTC may even create a native blockchain network to facilitate currency transfer among phone users.


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It will come with native support for some of the major, well-known cryptocurrencies including Bitcoin, Ethereum, Lightning Networks, Dfinity and more. In line with the trend, HTC may even accept cryptocurrency as a payment for the phone, however, that bit is undecided yet.

HTC’s Phil Chen, wrote on Medium,

The HTC Exodus is the first native blockchain phone dedicated to bringing end consumers the best decentralized application (DApp) experiences, including a built-in secure hardware enclave, and helping underlying protocols expand their base of dedicated nodes, thus expanding the total blockchain ecosystem.

As noted by The Next Web, the HTC phone won’t be the first to come with blockchain support, with Sirin Labs’ $1000 Finney set to be released this October. This initiative is not just aimed to provide crypto-investors a handy crime partner, Chen actually wants it to be something revolutionary to change the world’s perception about smartphones.

I want to see a world where the end consumers can truly own their data (browsing history, identity, assets, wallets, emails, messaging, etc) without the need for central authorities. There is a lot of work ahead of us, but I believe the mobile hardware layer can contribute significantly to our new decentralized world.

This amount of decentralization will require the Exodus to run on an encrypted, block-chain compatible OS, so its safe to say that it won’t be running Android – not the Google-regulated version at least. Other than this, there’s not much we can say about its specifications for now.

With the phone failing to catch fire, it is probably safe to say that the Exodus likely won’t be the mainstream savior HTC needs right now. A lot of the aims fulfilled by this phone – say wallets for one – can already be accomplished on regular smartphones, which means you really have to be in on this game to consider buying the Exodus.