HTC Confirms Development of a Blockchain-Powered Smartphone: ‘Exodus’
HTC announced today that it plans to build a new Android phone that will be powered by blockchain technology. Named Exodus, the new smartphone will feature a universal wallet and hardware support for cryptocurrencies, including bitcoin and Ethereum, as well as for decentralized apps (DApps).
In the announcement, which was given at Consensus 2018, HTC Vive founder and Exodus project lead Phil Chen said, “We envision a phone where you hold your own keys, you own your own identity and data, and your phone is the hub.”
— HTC EXODUS (@htcexodus) May 15, 2018
HTC ultimately envisions the Exodus phones to function as nodes within a native blockchain that supports crypto trading among users, as well as privacy-oriented web browsers and messaging apps.
There is little indication of what DApp-oriented software will be included in the Exodus. An interesting, speculative idea is that HTC could look to team up with an existing blockchain project to adapt already functioning technology. One project that fits the bill is Status (SNT), which is developing a mobile operating system for Ethereum that includes an open source messaging platform and mobile browser, enabling users to interact with DApps that run on the Ethereum Network. Status combines a secure messenger, web 3.0 browser and an Ethereum token wallet that will be available for iOS and Android devices.
With this latest move, HTC will be going up against Sirin Labs, which is planning to release its first blockchain smartphone in October. The phone is reportedly priced at $1,000 and provides similar functions to that of the Exodus.
No price has been set for the Exodus, but the company is open to the idea of allowing customers to purchase the phone with cryptocurrency.