Dubbed The Exodus, the phone marks another step toward popularizing a decentralized crypto-app marketplace and privacy model, where the phone itself acts as a secure hub for users' personal data

Taiwanese electronics company HTC is hoping to revive its place in the market with a blockchain-centric Android phone called the Exodus. While the forthcoming Finney, created by Sirin Labs, holds the distinction of the first blockchain-powered phone in the world, the introduction of the Exodus marks another step toward popularizing a decentralized crypto-app marketplace and privacy model where the phone acts as a secure hub for personal data, as opposed to the more vulnerable cloud.

The HTC U12+

The phone was originally reported to boast a native blockchain network. Last week, however, HTC confirmed that for the time being, the Exodus' features will instead be limited to a cryptocurrency wallet and a popular decentralized blockchain app on the Ethereum network called CryptoKitties, in which users collect digital kittens using cryptocurrency. In addition, the platform will offer support for decentralized apps and other existing networks like Bitcoin. Partnerships with popular players in the space, including crypto-property rights system Bitmark, are also in the works, and the phone is being marketed as an “agent of decentralization” on its website.

While the brand is keeping specific details around the release close to its chest, the phone is expected to be available toward the end of this year, with a price point to come during the current quarter. The cost was rumored to be comparable to that of the Finney, which is set to retail for around $1,000. Phil Chen, the “Chief Crypto Officer” at HTC, revealed that the company also plans to explore crypto mining, or the process of generating cryptocurrency, though more research needs to be done to determine consensus protocols before it's incorporated into the phone.

Despite the delay in the introduction of a completely native blockchain network, HTC's ultimate aim is to emphasize the idea of scarcity in the digital marketplace once again. According to the brand, the Exodus is the “first step in creating a platform and distribution channel for creatives who make unique digital goods.” Eventually, the phone will serve as a forum for developers to share their unique games, apps and innovations with users.

HTC


Lead image: HTC USA via Facebook

Taiwanese electronics company HTC is hoping to revive its place in the market with a blockchain-centric Android phone called the Exodus. While the forthcoming Finney, created by Sirin Labs, holds the distinction of the first blockchain-powered phone in the world, the introduction of the Exodus marks another step toward popularizing a decentralized crypto-app marketplace and privacy model where the phone acts as a secure hub for personal data, as opposed to the more vulnerable cloud.

The HTC U12+

The phone was originally reported to boast a native blockchain network. Last week, however, HTC confirmed that for the time being, the Exodus' features will instead be limited to a cryptocurrency wallet and a popular decentralized blockchain app on the Ethereum network called CryptoKitties, in which users collect digital kittens using cryptocurrency. In addition, the platform will offer support for decentralized apps and other existing networks like Bitcoin. Partnerships with popular players in the space, including crypto-property rights system Bitmark, are also in the works, and the phone is being marketed as an “agent of decentralization” on its website.