HTC confirms its blockchain smartphone, the Exodus

While HTC revealed its plans to release the Exodus smartphone - a blockchain-focused device, CryptoKitties mobile debut will be on a mass-market device instead.

HTC is one of the only phone companies out there that's embracing blockchain technology, which has experienced a lot of ups and downs in the previous year with the rising popularity of cryptocurrencies, like Bitcoin. In fact, the company is now working on a new smartphone with the code name "Exodus" which will be the first blockchain smartphone in the world.

The HTC Exodus is expected to cost around US$1,000. "The partnership with CryptoKitties is the beginning of a non-fungible, collectible marketplace and crypto gaming app store".

According to TechCrunch, HTC has revealed a few details on the project at RISE in Hong Kong this week.

HTC said it will also launch its own blockchain network, with each Exodus smartphone acting as a node and facilitating transactions. The skepticism probably steams from the fact that Blockchain industry, with all its palpable hype, is still in a very nascent stage to offer this phone any real market.

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Phil Chen, the creator of HTC Vive and HTC's head of business and corporate development, said at the time that he envisioned a product that would allow customers to "truly own their data [.] without the need for central authorities", Cointelegraph reported. The device is billed as the "first cold wallet phone with key recovery", helping users manage their own crytpocurrency and keep personal data separate from the internet.

A dedicated website for HTC blockchain phone is also active. When enquired about the price of the HTC Exodus, he replied that it would be comparable to an alleged competitor, which means the phone will fall in the range of $1000, reports The Verge.

The company has also announced partnerships with blockchain developers to build new ecosystems based on distributed ledger technology.

The HTC U12+ is likely to come with a large 6-inch LCD display with WQHD+ resolution.

Since the Phone is based on blockchain so the main aspect comes here is where the Customer can safely guard their Crypto-Currency i.e, BitCoins, Etherium or any other in the Phone rather than relying on any cloud-based Platform.

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