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Everything you Need to Know About the HTC Blockchain Smartphone

As blockchain continues to gain mainstream interests, Taiwanese-based smartphone manufacturer HTC recently launched a blockchain-powered smartphone dubbed the “Exodus.”

Speaking to The Verge this week, Phil Chen, HTC’s chief crypto officer said Exodus will cost around $1,000 with a real price announcement by the end of next month. Exodus will ship by the end of 2018.

Chen noted that the phone was an opening to endow users to start owning their digital identities. “The Exodus is a great place to start because the phone is the most personal device and it is also the place where all your data originates from. I’m excited about the opportunity it brings to decentralize the internet and reshape it for the modern user,”   Chen said.

According to Chen, Exodus will be available in all regions except China once released.  “I want to say it will be available definitely everywhere outside of China.” Adding that it will be tougher to bring the phone to China as “the country has different rules, everywhere from regulations to how Android even works in China.”

On May 15, When HTC first announced HTC Exodus, they said they would be releasing a smartphone with a native blockchain network for cryptocurrency trading between users. Now Chen told the Verge, Instead HTC Exodus will feature a cold-storage wallet and CryptoKitties app.

The cold storage wallet is crucial as it means that the Exodus will be able to store the user’s bitcoins and other cryptocurrencies offline, adding an extra layer of security. 

According to HTC, the device will run Android software. As for hardware, we don’t yet have specifications. However, it will need to be objectively powerful to cope with digital currency mining, which probably require an octa-core processor and a sizeable amount of RAM.

 

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