Published: Sat, July 14, 2018
Technology | By Christopher Mann

HTC’s blockchain smartphone will launch this year


It does not sound so, as the upcoming HTC Exodus sounds like a niche device aimed at a particular group of users, but we're yet to see whether it will have any mass-market appeal. So, when they announced that they had plans to release a phone that would feature blockchain technology, most people rolled their eyes and thought that this was some sort of prayer from a company who was trying to avoid bankruptcy. "With the release of the HTC Exodus we can now make this a reality", the company wrote on the site while calling customers to sign up to receive further details. And to attract the target market more, HTC has partnered with CryptoKitties, a highly popular blockchain-based game wherein players collect and breed virtual cats instead of Cryptocurrency.

In terms of the unexpected CryptoKitty support, the executive hopes that the gamification of the blockchain will entice "no-coiners" to give the Exodus a shot.

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HTC confirmed in May this year that it was developing a blockchain smartphone. One must assume that top of the line hardware will be an integral part of this blockchain smartphone, or HTC would have no chance at selling this device at all. The phone's developer Phil Chen revealed the news in a recent interview with The Verge.

The phone will be all about the unique approach to user data that is available in the blockchain and the security and protection that come with it.

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In the smartphone market, HTC has been struggling for a few years now to compete with the titans of the industry. HTC claims that each phone serves as its own blockchain node, part of the network that helps secure blockchain systems.

Originally announced in May without a price, date or specs, the Exodus phone sounded a bit like a desperate last effort to make HTC, which laid off 22 percent of its workforce earlier this month, relevant in the smartphone business again. In the end, HTC Exodus'm late to the fun that already hints at weak sales of the device is to buy it will be only those miners who for some reason still not out of the game. The device is billed as the "first cold wallet phone with key recovery", helping users manage their own crytpocurrency and keep personal data separate from the internet.

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