Published: Wed, October 24, 2018
Industry | By Dora Warner

HTC's Blockchain Phone Unveiled: The Case of Exodus

HTC's Blockchain Phone Unveiled: The Case of Exodus

He also said that Exodus 1 is a foundation element of the crypto internet and for digital assets and decentralized apps to reach their potential there believe that mobile will be the main point of distribution.

The Taiwan-based company, is, however, not the only phone manufacturer launching a decentralized smartphone.

The cost of this device is either 0.15 BTC or 4.78 ETH, for now.

The EXODUS 1, announced at the CoinDesk Consensus conference in May, includes "a secret enclave" on the device that will store a user's cryptocurrency keys and is kept protected from the Android operating system. In the event a phone containing cryptocurrency is lost or stolen, it would be very bad to lose your wallet as well.

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"The Exodus is a great place to start because the phone is the most personal device, and it is also the place where all your data originates from". "Get your early access now", said the company in a tweet.

HTC launched a new blockchain-powered smartphone, "EXODUS 1", Tuesday morning. Moreover, it will have a "Social Key Recovery" function thanks to which a user will easily restore access to his or her funds even if the private key is lost. This, however, will require a secondary device with HTC's key management application.

A six inch display with quad-HD+ resolution. Under the hood there is a Qualcomm Snapdragon 845 processor, 6GB of RAM, and 128GB of built-in storage. It is also IP68 rated for water and dust resistance.

The back of the phone looks a lot like the HTC U12 from earlier in the year, featuring dual rear cameras, a fingerprint sensor, and a transparent back that showcases some of the phone's internals. On the front it has 8-megapixel dual cameras.

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HTC's decentralised chief officer, Phil Chen said "It's been both 10 years since the launch of the first Android phone by HTC and almost 10 years since the launch of bitcoin and the genesis block". There is also the Zion Wallet for your cryptocurrencies.

He also says that Blockchain is a significant breakthrough when it comes to preserving the data and sensitive information of the user. A similar offering from Switzerland-based start-up Sirin Labs is now available for pre-order at US$999 on its site, though the shipping date has been delayed from October.

Sinagpore-based Pundi X last month launched a blockchain-based OS and communication protocol for mobile devices. This should be much more secure than storing a wallet on your regular phone using an Android app.

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