HTC has announced a smartphone this week powered by blockchain technology, called Exodus. The phone will include a secure hardware enclave designed for cryptocurrencies and decentralised applications. The Exodus phone also has a universal wallet, which will support Bitcoin, Ethereum, Lightning Networks, Definity and other major cryptocurrencies. Users will be able to send and receive crypto payments, with each device acting as a node for cryptocurrency trading.
Security and privacy seem like hallmarks of the device, with the Exodus site promising that users will be able to ‘have your identity and data on the phone rather than in a centralised cloud.’ The promise of decentralised apps is also interesting, as these open source and autonomous apps should be more secure running on the Exodus than other smartphones.
HTC’s Phil Chen, who announced the smartphone in a medium blog, said that the Exodus smartphone was just one part of a greater movement towards autonomy and consumer data rights:
“I want to see a world where the end consumers can truly own their data (browsing history, identity, assets, wallets, emails, messaging, etc) 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.”
HTC have long been innovators in mobile tech: they made the first Android smartphone, the first Nexus device, the first Facebook phone, the first 4G phone, the first 1080p smartphone, the first Pixel phone… the list goes on and on. Therefore, it’s not too surprising to see them be the first major smartphone maker to create a blockchain-powered smartphone.