The phone is named HTC Exodus and it is described by the company as the "world's first native blockchain phone". A new report published today revealed that HTC is also building a Android powered blockchain phone called the HTC Exodus.
Schematics of the phone shows it has a single camera, support for storage expansion, and nano-SIM support. Spearheading the Exodus initiative is Phil Chen, the founder of HTC Vive.
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"Through the Exodus, we are also excited to be supporting underlying protocols such as Bitcoin, Lightning Networks, Ethereum, Dfinity, and more", Chen wrote in a blog post accompanying the announcement.
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We have blockchains for currencies, blockchains for sex, and blockchains for phones. "There is a lot of work ahead of us, but I believe the mobile hardware layer can contribute significantly to our new decentralized world".
Furthermore, the phone will come with a built-in cryptocurrency wallet.
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Other Chinese phone manufacturers have announced the development of similar blockchain powered devices soon to be available including Sugar which claims to be developing a phone that can mine Bitcoin and other cryptocurrencies. The interesting part about this new device is the fact that the company claims that it wants to reshape the internet with Exodus by decentralizing the internet. Blockchain and cryptocurrency are becoming big topics these days, with many anxious that the traditional currencies might be worthless in a few years. In fact, i'll bet that these phones which double as a cryptocurrency wallet will become a prime target for attacks, and hope HTC is aware of this when developing it. You will be able to buy Exodus using cryptocurrency as well, but no pricing or ETA has been released just yet.