The HTC Exodus is a blockchain phone for cryptocurrency traders

Product Drawings of the HTC Exodus

Product Drawings of the HTC Exodus

A sketch of HTC's upcoming blockchain phone appears on its official site. The phone named "Exodus" will host a universal wallet and inbuilt secure hardware for cryptocurrencies and applications powered by distributed ledger technology.

HTC reportedly is hoping to build a native blockchain network with all Exodus phones acting as nodes to ease crypto-trading among phone users. If that doesn't get you Mr. Robot fanboys going, I don't know what will.

"Through Exodus, we are excited to be supporting underlying protocols such as Bitcoin, Lightning Networks, Ethereum, Dfinity, and more", The Next Web quotes Chen as saying. We would like to support the entire blockchain ecosystem, and in the next few months well be announcing many more exciting partnerships together. The HTC Exodus comes amidst the Google acquihire of two thousands employees, while the company's primary lead is now in virtual reality with the Vive.

HTC's newest phone, the HTC Exodus, is one you'll probably never see vying for shelf space alongside the Galaxy S9, LG G7 or iPhone X. CryptoCurrency? Well, HTC thinks there's a lot of interest in it, so much so they're developing a blockchain friendly smartphone. Moving forward, however, his new title will be "decentralized chief officer". Last September, Sirin Labs announced a $1,000 blockchain-powered handset which is slated to launch in October 2018.

The unique selling point of a blockchain smartphone is that it supposedly offers better security and an improved user experience by integrating cold wallet storage right into the device, and enabling direct trading of the native cryptocurrency with peers without mining fees.

The Taiwanese OEM is also considering allowing users to actually buy the device using cryptocurrency, though no set price has been announced.

While there aren't too many details on the new smartphone, the company did give some idea of what to expect.

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