HTC's Upcoming Smartphone will be powered by Blockchain Technology

image: HTC

If you are into the cryptocurrency trend or at least have an idea how this new technology of currency is being implemented, you are most likely aware of what a blockchain technology is. Well, this particular system is now heading to the smartphone world, and HTC is the latest manufacturer to join the party by launching their blockchain-powered Android smartphone called the Exodus soon. If this takes off and receives positive receptions, this could be the big next trend in the upcoming smartphones after the infamous notch.

The HTC Exodus smartphone concept was announced by none other than HTC's new "Decentralized Chief Officer" Phil Chen on his Medium blog. Phil Chen previously worked with the company to develop the HTC Vive VR headset. Now he is returning to focus on the company's initiative on blockchain and cryptocurrency technologies.

Once officially launched and through the help of various partnerships that HTC will also work on along the way, the HTC Exodus will act as one of the dedicated nodes for the blockchain tech which will allow users to exchange cryptocurrency like Bitcoin, Ethereum, Dfinity and more without incurring extra fees in the process. Decentralized apps is also one of the services that HTC plans to offer with this new initiative to the world.

One of the best and robust features of a blockchain technology is the decentralization of data bases such as data and currencies where all of the information is not governed by a single server or entity. This blockchain system makes these data and information near-impossible to get hacked or compromised. And with such power and security that blockchain offers to the table, it is no wonder why a lot of tech companies are after this technology.

"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." said Phil Chen on his post.

Apart from what to expect from this upcoming HTC smartphone, nothing much has been offered including specs, pricing, and availability.

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