HTC Exodus: Is cryptocurrency and blockchain innovation the future of mobile phones or simply a marketing stunt?

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HTC Exodus: Is cryptocurrency and blockchain innovation the future of mobile phones or simply a marketing stunt?

Mobile phone development might have stammered to a stop in the last few years, however HTC has a strategy to transform the common gadget while concurrently improving the whole web.

The Taiwanese company exposed its vision for the future of mobile phones at the Agreement 2018 cryptocurrency conference in New york city, describing how it will make use of blockchain innovation to support cryptocurrencies like bitcoin and ethereum.

” Our vision is to broaden the blockchain environment by producing the world’s very first phone devoted to decentralized applications and security,” HTC states on a website devoted to the brand-new gadget.

” With the release of the HTC Exodus we can now make this a truth … our company believe we can assist improve the web.”

The phone will include a native cryptocurrency wallet that would enable users to make and accept cryptocurrency payments to other gadgets, while each gadget would likewise function as a node to enable cryptocurrency trading amongst users. The HTC Exodus would likewise support decentralized apps through the phone’s hardware, which it declares would be more safe than basic mobile phone apps.

It is not the very first time the idea of a blockchain mobile phone has actually been presented, with a blockchain-powered phone and PC revealed by Sirin Labs in 2015. The $999 Finney mobile phone was revealed on Wednesday, 11 July, and will also feature a cryptocurrency wallet.

No pictures of the Exodus mobile phone have actually been launched beyond a plan of its parts, nor was the cost or release date revealed.

While the idea of a decentralized gadget might sound enticing, software application applications currently exist that enable much of the performance that the Exodus boasts.

While the gadget was mostly invited on social networks by those within the cryptocurrency area, some recommended HTC was the current company to utilize the term ‘blockchain’ as a marketing tool.

Advancement of the Exodus is being led by Phil Chen, who formerly dealt with HTC’s Vive virtual truth headset.

” I wish to see a world where completion customers can really own their information without the requirement for main authorities,” Mr Chen stated at Consensus 2018.

” There is a great deal of work ahead of us, however I think the mobile hardware layer can contribute substantially to our brand-new decentralized world.”