HTC To Launch Exodus Blockchain Smartphone On October 22

HTC has teased its very own blockchain smartphone in an Instagram post. The device, named Exodus, will launch on October 22. This is the world’s first major blockchain phone. The announcement about this was made earlier this year, in May. Blockchain refers to the decentralised ledger technology which underlies cryptocurrencies such as Bitcoin. The HTC Exodus is a crypto phone that supports cryptocurrencies. Rumours also say that you will be able to purchase the phone using cryptocurrency.

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https://www.instagram.com/p/Bo10uP_hptt/?taken-by=htc.exodus

The teaser on Instagram does not reveal anything about the device other than the name and the launch date. However, reports tell us some of the details. The software used in the phone is not Android, but is based on it. The device includes some security protocols which handle the required encryption for the safe transfer of currency, according to reports. The company also revealed that the device has a new trust execution environment. This keeps the cryptocurrency safe and secure in an ‘enclave’ within this trust zone. It also has a ‘Social Key Recovery’ which prevents hackers from getting access to your wallet.

Siri Finney

A Switzerland based company, Sirin Labs was the first to make a  commercial Blockchain smartphone, going by the name Finney. The device features a built in ‘cold storage’, peer to peer resource sharing and other Blockchain elements. It features a 6-inch display with an 18:9 aspect ratio. The display also features a notch. The device has a 12 MP main camera and an 8 MP front camera. The Finney costs $ 999 and is available on pre-order.

HTC had earlier mentioned that for the phone to be truly successful, they need support from cryptographers and the cryptocurrency community. Nothing about the other features of the device is known as of now. However, reports suggest that the phone will cost around $ 1,000.