HTC working on blockchain-powered smartphone called 'Exodus' to support cryptocurrency transactions

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HTC has discovered the buzzword of the year, and chose to make a smartphone around it with their upcoming Exodus handset announcement during the Consensus 2018 blockchain conference in NY, where we recently saw a crypto-powered beer vending machine unveiled.

Schematics of the phone shows it has a single camera, support for storage expansion, and nano-SIM support. The Exodus will also apparently feature a native blockchain network, with all phones able to serve as nodes for the Ethereum and Bitcoin networks.

Phil Chen, the brain behind HTC's Virtual Reality (VR) headset "Vive" will be in charge of all blockchain and cryptocurrency related initiatives of HTC including "Exodus". The phone makers also promise to offer a better overall experience when it comes to cryptocurrency and makes room for decentralized apps.

We have blockchains for currencies, blockchains for sex, and blockchains for phones.

"I want to see a world where the end consumers can truly own their data, such as browsing history, identity, assets, wallets, emails, messaging, without the need for central authorities."
"There is a lot of work ahead of us, but I believe the mobile hardware layer can contribute significantly to our new decentralized world", said Chen.

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He'll be the "decentralized chief officer" and is planning to announce more news about the Exodus phone at the Consensus 2018 conference on Tuesday. Sirin Labs announced a $999 Dollars blockchain phone a year ago, a device reportedly being made by Foxconn.

According to The Next Web, HTC may even accept cryptocurrency as payment for the phone, whenever it exists.

Furthermore, the phone will come with a built-in cryptocurrency wallet.

Details, including price, are now scant. However, this is not the first blockchain-powered phone that was announced.