HTC’s blockchain phone Exodus 1 

“We are at the dawn of a new generation of the web, one where fresh decentralized services will challenge the status quo,” added Charles Hamel, head of cryptocurrency at Opera Browsers. “HTC and Opera have both made the bold decision to be the very first to measure up and empower this transformation.”

Starting a time in March, anyone will have the ability to buy the Exodus inch to $699 or their neighborhood currency equivalent.

Samsung’s new S10 lineup of devices also sports a built-in cryptocurrency wallet, strongly suggesting that blockchain is creeping up the list of priorities for more mainstream phone makers. *

In other news today, HTC revealed that it’s opening a new API to”chose partners,” allowing third parties such as mobile-browser maker Opera, which launched a browser-based cryptocurrency wallet last year, to leverage the additional security benefits offered by the Exodus 1.

In the months since the Exodus inch early-access launching, another block chain phone launched into the public — Sirin Labs’ Finney, which costs $999 and sports a built-in cold storage cryptocurrency wallet that activates when you slide out a secondary”safe screen” from the rear.

“Exodus is all about the near long run of data and finding the ideal structure for the web, the one which includes security, solitude, and transfer of ownership of data back into anyone generating it,” said Phil Chen, decentralized chief officer at HTC, in a press release.

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*Article amended 02/26 to say which Samsung’s S10 comes with a crypto wallet.

Blockchain motion

Additional decentralized apps (Dapps) that are using the new API at launch include Blockfolio, a cryptocurrency portfolio tracker, and Numbers, an AI-powered platform for devices that tracks walking, sleeping, and driving behaviors.

HTC later enlarged to just accept Litecoin, also along side the news that the company revealed that it will even shortly accept Binanace Coin (BNB).

By way of a recap, Project Exodus has been HTC’s attempt to build a smartphone to the decentralized web. The company expects that embracing the block chain will allow it to entice security-conscious users by offering better data protection and safer mobile trades.

HTC has announced that users will undoubtedly be able to purchase its own blockchain-based smart-phone Exodus inch at U.S. dollars as well as also different non-crypto Fiat currencies around the environment.

Enabled by the Zion Key Management API, Opera users on the Exodus will be able make direct micropayments to content-focused websites — using their private keys, which are stored on the device, for example.

The Taiwanese tech company announced the early-access version of its block chain phone back in October, with the significant catch you can simply buy it using Bitcoin or Ethereum. At the moment, the apparatus cost 0.15 BTC or 4.78 ETH (about the equivalent of $960 back then). The apparatus didn’t actually start sending until mid-January, however.

Introduction the purchase options to an even more commonly used money should help HTC reach more users, as they’ll no longer need to convert their cash into cryptocurrency to finish the trade.

Increase In Bitcoin and Crypto Traders Behind HTC’s Exodus 2 Blockchain Phone

The new model, as revealed by Chen, will extend its blockchain-supported programs to areas such as surfing, messaging and social media. The new communication applications will be basically based on peer reviewed connections as opposed to being hauled via cloud or mainframe planks, as was true in the prior creation mobile.

HTC, the Taiwanese consumer electronics giant, recently rolledout a policy for the second-generation style of its blockchain-centric smartphone Exodus, after in 20-19. Phil Chen, HTC’s chief decentralized officer, also revealed that the sales performance of the first-generation Exodus mobile managed to fulfill company’s expectations. It gave HTC the push and confidence to look to a second-generation project.

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Undoubtedly, HTC’s competitions have grown stronger over the previous years but Chen adamantly believes that Exodus is the only mobile that enables users to have their very own keys, which he thinks is significant principle of the real world web. Back in aninterview, he shared that raised solitude is what produces the phone much better compared to its rivals. Chen explained:

Chen also revealed that Bit coin (BTC) and Ethereum (ETH) cryptocurrency users certainly are a source of requirement for the Exodus 1. Along with that, there’s considerable demand for the blockchain-centric phone from new start ups that engage in cryptocurrency trading more often. Consumer requirement seems to be another driving force behind the newest mobile.

HTC could perfectly re-surge from the market using its blockchain-centric approach.

HTC started off as a white tag apparatus manufacturer giving carriers an option to sell apparatus branded with their name.  Additionally, the company also fabricated PDAs to be able to compete in the budding smartphone industry. Fast forward a couple of years and HTC was rolling their very own touch with products just like the Touch Diamond, Touch Pro, Touch 3G and Touch HD.

HTC was among the leading manufacturers. However, with the beginning of more competition, it lost its glory and its own market as it got taken from the Taiwanese Stock Exchange’s listing of 50 largest firms back in 2015. Over the last couple of years, HTC has never been a huge player in the smartphone space but which wasn’t necessarily the case.

 

HTC’s interest and investment in a blockchain-centric mobile could be an ace in the hole for the company as a way to regain its lost glory. After announcing the very first of its kind HTC Exodus, the company is already doing work with a second-generation block chain smartphone in a bid to boost the smartphone up sales and to expand their block-chain ecosystem.

The HTC Exodux 1 has a pre-loaded Blockfolio, a program for tracking price changes of coins. Still another feature, and an important one in that, could be the Zion wallet, that enables users to store and transact with Bit coin, Ethereum, Litecoin and a few dozen tokens and graphics assembled on the Ethereum block-chain.

However, HTC couldn’t maintain once the South Korean tech giant Samsung started releasing their Android mobiles and in spite of how the Taiwanese company did try to put a fight by launch elite mobiles just like the One X in 2012, One Max in 2013 and One (M8) in 2014, it did not matter much. Samsung had already taken over and was leaping forwards, leaving everyone behind.

The long run of HTC’s block-chain smartphones does not seem so bleak considering the device’s manufacturing is in precisely the exact hands which worked on Google’s premium pixel brand smart phones due to the firm’s US$1.1 billion deal with Google.

 

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HTC was investing time and resources exploring the block-chain and crypto space. Besides their phone related block chain endeavors, HTC continues to be involved with virtual reality. Earlier in the day in April, HTC directed a new $50 million blockchain-focused venture capital fund. The new block-chain fund is reportedly held in fiat currency and focused on”regular VC deals, as opposed to token-based investments”.  It includes a partnership using HTC that may purportedly allow Proof of Capital portfolio companies to work well with HTC directly to be able to develop products for Exodus and other HTC block-chain ventures.

The bargain happened this past year from September and considering 2000 HTC employees connecting the world’s largest online company to create smart phones and other apparatus. Google’s investment from HTC provided the fighting brand with another lifeline of sorts to get back into the game. On the other hand, the same deal allowed Google to get a non-exclusive license for HTC’s intellectual property.