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| May 23, 2018

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HTC to Launch Its Own Cryptocurrency-Focused Smartphone, Exodus

May 16, 2018 |

HTC to Launch Its Own Cryptocurrency-Focused Smartphone, Exodus

With HTC entering the race, a second cryptocurrency supporting smartphone created by a major electronics manufacturer is now on its way to the market. Could this be the start of a trend by all device makers to embed features such as hardware wallets into phones to help increase sales among more tech savvy consumers?  

Also Read: Samourai Wallet Creates App for Transactions Over Mesh Networks

Exodus From Fiat to Crypto

HTC to Launch Its Own Cryptocurrency-Focused Smartphone, ExodusTaiwanese consumer electronics manufacturer High Tech Computer Corporation or HTC (TWSE: 2498), will release its own cryptocurrency-focused smartphone. The company has announced it is developing a “blockchain-powered” device that will be based on Google’s Android operating system which will be named Exodus.

The phone is expected to contain a universal wallet and a “built-in secure hardware enclave” supporting cryptocurrencies and dapps (decentralized applications). HTC reportedly also wants to create its own network with each phone serving as a node to facilitate trading within it. Finally, the company is examining the possibility of selling the device for cryptocurrency as well. “Through Exodus, we are excited to be supporting underlying protocols such as Bitcoin, Lightning Networks, Ethereum, Dfinity, and more,” Phil Chen who is responsible for the development told Thenextweb. “We would like to support the entire blockchain ecosystem, and in the next few months we’ll be announcing many more exciting partnerships together.”

Cryptocurrency Support as Killer App

HTC to Launch Its Own Cryptocurrency-Focused Smartphone, ExodusIf you follow the electronics market carefully, you must know that HTC has not been doing so well in recent years despite creating some great devices. In that context it is possible to imagine that the company is betting on a cryptophone to give it a more edgy brand to attract privacy-minded young people and the more tech savvy crowd. However, other companies have explored the field before HTC and it is thus possible that many more will soon feature built-in cryptocurrency support in their devices.

Earlier this month we reported on the technical details that have emerged about Sirin Finney, an ultra secure mobile device promising to keep your cryptocurrency transactions private. The phone will feature an embedded cold storage wallet, and will be built by the same company that builds the iPhone, Foxconn. And back in March of this year, the Chinese smartphone maker Huawei was rumored to be in serious talks with Sirin Labs about the device too.

How long until all new phones will support crypto as default? Share your thoughts in the comments section below. 


Images courtesy of Shutterstock.


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The post HTC to Launch Its Own Cryptocurrency-Focused Smartphone, Exodus appeared first on Bitcoin News.

Bitcoin News

CNN

Amid mass exodus, Venezuela is losing its teachers

December 1, 2017 |

Over 400 professors and staff have left one of Venezuela’s top universities as hundreds of thousands of citizens flee the South American nation, seeking refuge from country’s humanitarian crisis.
CNN.com – RSS Channel – Regions – Americas

Satellite Images Reveal How Massive Rohingya Exodus Is

September 21, 2017 |

Massive, makeshift refugee camps are sprawling over farms and open land in southern Bangladesh as more than 420,000 Rohingya Muslims flee violent attacks in their predominantly Buddhist homeland of Myanmar. In a matter of weeks, thousands of temporary shelters have been erected in the Bangladesh district of Cox’s Bazar,…
Newser

The Muslim Militant at the Heart of Myanmar’s Rohingya Exodus

September 14, 2017 |

The rebel group at the center of the Myanmar conflict, known as ARSA, and its founder, Ata Ullah, say it is defending Muslim Rohingya, highlighting decades of repression, and foreign extremists are taking interest.
WSJ.com: What’s News Asia

Amid Florida Exodus, FEMA Busts Some Myths

September 9, 2017 |

Given that Florida is in the midst of a massive evacuation ahead of Hurricane Irma, it’s not surprising that false rumors and misinformation are flying. FEMA has heard so many it is clearing up several, including: Pets: Yes, emergency shelters must accept pets and service animals of evacuees. No, hotels…
Newser

After CEO exodus, Trump ends two advisory councils

August 16, 2017 |

President Trump announced Wednesday that he has dissolved the White House’s economic advisory council and manufacturing council — panels that consisted of business leaders from firms such as BlackRock, JPMorgan Chase, IBM and PepsiCo.

His decision came as a wave of the manufacturing council’s members…


L.A. Times – Business

Leaderless Uber Scrambles to Prevent Employee Exodus

June 25, 2017 |

Uber’s senior managers have been urging its more than 15,000 employees to stick around and see how the embattled company reinvents itself after the ouster of its CEO.
WSJ.com: US Business

Leaderless Uber Scrambles to Prevent Employee Exodus

June 24, 2017 |

Uber’s senior managers have been urging its more than 15,000 employees to stick around and see how the embattled company reinvents itself after the ouster of its CEO.
WSJ.com: What’s News Asia

To Stave Off Exodus, Yahoo Blocks Email Forwarding

October 11, 2016 |

Yahoo just made it harder for users to switch providers after some 500 million accounts were hacked and reports surfaced that the company perused user emails for the NSA . Users say the company disabled automatic email forwarding at the start of the month so that anyone hoping to send received…
Newser