Wednesday, May 16, 2018

HTC plots blockchain native phone called Exodus

HTC is planning to launch a phone that is designed for decentralized apps and privacy. Is this device, dubbed Exodus, marking the peak of blockchain hype.


HTC is developing a phone called Exodus that is designed to specialize in blockchain as well as decentralized applications.

The company is the latest to hop on the blockchain bandwagon as the tech sector aims to develop use cases beyond cryptocurrency, supply chain, and financial services. Aside from cryptocurrencies like Bitcoin, blockchain is being explored for uses in shipping, food and banking and even jewelry. Even Kodak has blockchain now. Doubters about blockchain's broader application abound.

Details about this blockchain native smartphone were sparse. The effort is being led by Phil Chen, an HTC alum who most recently was an investment firm Horizon Ventures. Chen's title is Decentralized Chief Officer at HTC.

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Chen noted that Exodus will include the following:


  • A built-in secure hardware enclave.
  • Android.
  • Support for protocols such as Bitcoin,
  • Lightning Networks, Ethereum, and Definity.
  • So far the HTC Exodus project is a blueprint.

The project from HTC is interesting and very niche. One big selling point for HTC Exodus could be better privacy as a blockchain native device could mean that a user owns data such as browsing history, identity, assets, wallets, and messages. "I believe the mobile hardware layer can contribute significantly to our new decentralized world," said Chen.

In HTC's view, each Exodus device could become a node in a blockchain network.

Timing for this phone as well pricing are to be determined. HTC will have a sign-up page to reserve an Exodus and may take cryptocurrency as a form of payment.

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