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HTC Announces New Phone For Dapps

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HTC Corporation, the Taiwanese consumer electronics producer, has announced that it plans on launching the world’s first ever native blockchain smartphone which will run on decentralized applications (DApps).

Decentralized Phone Apps

The new smartphone will be called HTC Exodus, and it will include a built-in secure hardware casing being made to help the “underlying protocols expand their base of dedicated nodes, thus expanding the total blockchain ecosystem.” Phil Chen, who came back to HTC as the company’s Decentralized Chief Officer, states in a Medium post:

“I want to see a world where the end consumers can truly own their data (browsing history, identity, assets, wallets, emails, messaging, etc) without the need for central authorities. There is a lot of work ahead of us, but I believe the mobile hardware layer can contribute significantly to our new decentralized world.”

The HTC Exodus will hold up underlying protocols such as Bitcoin, Lightning Networks, Ethereum, and others. According to Chen, the team aims to support protocols from the entire blockchain ecosystem and therefore it will announce a list of new collaborations in the following months. “Together, we want to craft the best blockchain & decentralized application experiences to end consumers,” said Chen.

The phone will also come with a built-in cryptocurrency wallet. Each Exodus smartphone will supposedly function as a node for both the Bitcoin and Ethereum blockchains. If successful, every phone would basically increase the networks of both top cryptocurrencies.

For the time being, there are no details about the phone’s price. It has not been announced if HTC will also allow customers to buy the phone with cryptocurrency.

Nevertheless, Chen expects that the HTC’s new phone will bring the world of decentralized systems to the consumer market.

“We think that the phone can be an agent in the future for decentralization. We want you to hold your own key [through] a secure management method in our phones,” the DCO stated.

 

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