Another Sign Of Blockchain Going Mainstream: HTC Unveils Blockchain-Based Smartphone

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Minute by minute, hour by hour, day by day, blockchain technology is going mainstream. The latest milestone in the process has been revealed by tech giant HTC, which has just unveiled a blockchain-powered smartphone.

In the past decade, the smartphone itself has invaded the daily life of most people in the developed world. It seems that virtually nobody can leave home in the morning without one, and useage of the device is as common throughout the day as simply breathing.

In the not-too-distant future, the marriage of the blockchain and the smartphone will bring cryptocurrency adoption to the masses.

HTC wants every one of its forthcoming Exodus smartphones to be a node on a blockchain network.

HTC Vive creator Phil Chen took the stage at the Consensus conference in New York City today to announce his return to the hardware maker, where he will lead its grand entrance into the blockchain and cryptocurrency space with the HTC Exodus.

The Exodus is a forthcoming Android smartphone project (release date TBD) that will feature a universal cryptocurrency wallet, a “secure hardware enclave,” and support interoperability. The smartphone will work with multiple blockchain protocols, Chen said.The Exodus phone will launch with support for the Bitcoin, Lightning Network, Ethereum, and Dfinity networks, but more partnerships will be announced over the next few months to support the entire blockchain ecosystem. The goal, he said, is “to help underlying protocols expand their base of dedicated nodes.”

After two years at Horizon Ventures, Chen returns to HTC as its new Decentralized Chief Officer heading up blockchain and cryptocurrency initiatives. The Exodus is the first native blockchain phone dedicated to bringing end consumers decentralized application (DApp) experiences. HTC’s goal is to build a device that will empower users to own their own identity and data, and keep it on their phones rather than in the cloud.

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