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HTC to launch Exodus - a blockchain-powered phone

16 May 2018

The phone is called Exodus and it's being imaged as a phone that gives users the agency to "take back the internet", telling social media sites to "let my data go" and leaving individuals' information in literally their own hands, not in the centralized servers of Facebook and Google.

In addition to actually developing the physical device, HTC is also working on a proprietary blockchain network that will leverage its Exodus devices as individual nodes. If that doesn't get you Mr. Robot fanboys going, I don't know what will.

Overseeing the project is Phil Chen, best known as the founder of HTC's Vive virtual reality headset business.

The new Exodus smartphone will support both Bitcoin and Ethereum as well as other cryptocurrencies with its universal wallet, secure hardware, and decentralized apps.

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An Android phone, based on the blockchain, is being developed by HTC.

Exodus is expected in October. Chen, who now holds the title of "chief decentralized officer", will head all of the firm's cryptocurrency and blockchain-related initiatives.

We've already seen a couple of early adopters: the Sugar S11 Blockchain Creation Edition in January, and the Sirin Finney earlier this month. 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.

HTC, however, isn't the first to come out with a Blockchain-powered phone.

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Huawei is also reportedly considering the technology for one of its future devices.

You'll also be able to easily trade with peers on the phone's network - without any mining fees.

Of course, as TNW points out, these types of features can already be installed on basically any smartphone already on the market. Even with rapidly increasing awareness and interest in the cryptocurrency space, however, it's hard to imagine Exodus making much of a splash.

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HTC to launch Exodus - a blockchain-powered phone