Chen announced the Exodus at the Consensus 2018 conference in NY on Tuesday, and while details about the device remain vague, he confirmed that the smartphone will support Bitcoin and Ethereum, among others, courtesy of a universal wallet, secure hardware and decentralized apps. The HTC Exodus comes amidst the Google acquihire of two thousands employees, while the company's primary lead is now in virtual reality with the Vive.
To begin with, the Exodus will support major networks such as Bitcoin and Ethereum with others expected to come on once the phone is in circulation.
So, what makes a phone a blockchain phone, exactly? The phone will support popular cryptocurrencies such as bitcoin and ethereum.
According to reports, HTC is planning to create a native blockchain network where Exodus will work as a nodal point to facilitate the trade of cryptocurrencies amongst its Exodus users. Additionally, the company is considering accepting cryptocurrency payments for the phone itself, even though its price is yet to be decided. The company is also said to be exploring the possibilities of launching its own cryptocurrency. "Together, we want to craft the best blockchain & decentralized application experiences to end consumers". Last September, Sirin Labs announced a $1,000 blockchain-powered handset which is slated to launch in October 2018.
In terms of specifications, the Finney blockchain phone comes with a Qualcomm Snapdragon 845 processor. The phone features 128GB built-in storage and 6GB RAM.