HTC plans blockchain phone release in Q3

HTC's blockchain-powered Exodus smartphone will be released this year

Unlike other smartphones, it is built to a decentralized network and apps, says Engadget. Although the distributed databases behind the name Blockchain are much more useful, the HTC Exodus is also all about digital currencies.

HTC has just confirmed that it is making the "world's first major blockchain phone", a mysterious device that is likely to cost around $1,000 and that allows the user to own their digital identity. With the exclusive CryptoKitties partnership and a successful launch of its blockchain-based mobile device, HTC is likely to be back on track by the end of the year. He later added that there is already "famous" experts looking into a variety of different consensus protocols that might make Exodus mobile mining a reality.

Cryptokitties is the first in a planned range of apps for the blockchain ecosystem.

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Considering the Finney clocks in at $1000, it sounds like we can expect iPhone X-level pricing for the Exodus, which is a fairly big risk for a company that's now struggling to find an audience. Today it became known that the blockchain smartphone Exodus is nearly ready for release, and that it will be released very soon.

Phil Chen, HTC's Decentralisation Chief Officer, told The Verge, in an interview published this week, that the Exodus can be expected toward the latter part of the year, with an official price announcement coming around the end of Q3. 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.

HTC would like us to know that it's not kidding about that blockchain phone. HTC will also offer a universal wallet-like functionality through the Exodus phone, and a specific forum will be available to help users.

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The company announced on Tuesday that a game called CryptoKitties will come to HTC devices starting with the HTC U12 Plus.

Whether the appetite for a Blockchain-focused smartphone is there, remains to be seen. But the Taiwanese company seems to be believing in the cryptocurrencies as well as the blockchain, and it is about to launch a blockchain-based smartphone.

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