HTC Announces Exodus, A Native Blockchain Smartphone

TDA
  • Date Published
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  • Reading Time 3-Minute Read

“Were HTC to successfully create a smartphone that supports most trusted blockchain networks, the entire blockchain ecosystem would flourish due to the amount of connected devices increasing so suddenly.”

HTC recently created a page on their website simply titled “Exodus.” It seems fairly nondescript, but after following the link the viewer is presented what looks like schematics for a new phone. Ultimately, this page seems to be a way to generate hype and gauge public interest (the reserve now button which isn’t actually a pre-order) toward their plan to manufacture a blockchain-based smartphone, the Exodus.

The moment this news was reported, the tech world’s interest was immediately piqued. HTC boasts that the smartphone would have a native, universal, cryptocurrency wallet built-in to allow transactions between Exodus owners. The wallet would “provide a trusted hardware stack with APIs that connect to wallets,” the team behind the Exodus claims. Additionally, the smartphone would support decentralized apps (DApps), supporting a higher level of data security between the phone and the apps.

Were HTC to successfully create a smartphone that supports most trusted blockchain networks, the entire blockchain ecosystem would flourish due to the amount of connected devices increasing so suddenly. They explain little, but say that it will be the “Switzerland of Protocols,” and work toward the interoperability of blockchains. That is, assuming there are no bugs in this system after launch. However, the team behind the new project seems to have some serious experience with the development of new technologies.

Some of the most notable achievements of the Exodus team are the development of the Barnes & Noble Nook reader, the HTC Vive VR headset, and countless successful startups under their belt. So, it seems reasonable to assume if any team could create a blockchain-based smartphone network, it would be the Exodus team. The power and legitimacy of blockchain would only be solidified further were a wave of deeper smartphone innovation to stem from this first move.

So, we can hope this works out well for HTC, or see this as a call for others to develop smartphones with native blockchain support as well, but either way this is an interesting move for the industry. The technology within smartphones has not changed much since the original iPhone, other than the rapid scaling in processing power and video quality. This seems to be a change that many have been waiting for, something to finally change what a smartphone is, and what it can do. We just have to wait and see how it’ll all work out, there’s not much more to do than simply speculate.