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HTC Officially Announces a New Blockchain-Powered Phone

HTC working on blockchain-powered Android smartphone: Report

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HTC
HTC's contract manufacturing operations and VR division were reportedly not affected, Pixabay

Taiwanese tech giant HTC is reportedly working on a new Android phone named “Exodus” that will be powered by blockchain technology.

“The upcoming phone will come with a “universal wallet” and a built-in secure hardware system to support cryptocurrencies and decentralised applications,” TheNextWeb reported late on Tuesday.

Blockchain smartphones are claimed to offer better security and user experience by integrating “cold wallet” storage right into the device and enabling direct trading of the native cryptocurrency with peers on the phone’s network, without mining fees.

Representational image.
Representational image.

“The company plans to create a blockchain network using ‘Exodus’ phones to facilitate cryptocurrency trading among the phone users,” the report added.

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”.

“Through ‘Exodus’ we are excited to be supporting underlying protocols such as Bitcoin, ‘Lightning Networks’, ‘Ethereum’, ‘Dfinity’ and more,” Phil Chen was quoted as saying by TheNextWeb.

Also Read: Microsoft’s Search Engine Bing Bans Cryptocurrency Advertisements

However, HTC has still not announced the price of the smartphone but the company is reportedly considering accepting cryptocurrency as a form of payment for the device.

Before HTC, Sirin Labs’ blockchain smartphone which was announced in September 2017, is slated to launch in October 2018. (IANS)

Next Story

New Smartphone Launched by HTC Named Wildfire X

HTC back in India with 'Wildfire X' smartphone

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HTC 'Wildfire X'.
HTC 'Wildfire X' has InOne Smart Technology in it. IANS

Taiwanese smartphone maker HTC which exited the India market in July last year, on Wednesday launched “Wildfire X” with InOne Smart Technology, the local licensee partner of HTC Corporation, in the country.

The 3GB RAM and 32GB ROM configuration smartphone comes at a starting price of Rs 9,999. The 4GB RAM+128 ROM variant will cost Rs 12,999.

Both the variants are priced under a limited period offer and would be available on Flipkart, starting August 22.

“The HTC ‘Wildfire X’ coupled with our six months no-questions-asked accidental and liquid damage protection, sleek look, 8X hybrid zoom and large storage will help create a distinctive positioning for the smartphone amid target customers,” Charles Huang, Vice President of HTC APAC, said in a statement.

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Wildfire X launching on wednesday. Pixabay

Also Read: Honor Set to Refresh X Series with New Camera Tech in India

“We are also restructuring our market penetration plans along with InOne, our local licensing partner,” he added.

There’s a triple rear camera with 12MP+8MP+5MP lenses and a Big Pixel main camera. The device sports a 6.22-inch HD+ IPS waterdrop display with 88.8 per cent screen-to-body ratio. (IANS)