Blockchain, a distributed ledger technology, has the ability to change the way we buy diamonds, distribute energy, and now revolutionize our smartphones.
Taiwan-based smartphone maker HTC is building the first blockchain smartphone called HTC Exodus.
The company hopes to expand the blockchain ecosystem with new smartphones that will focus on distributed applications and security.
Phil Chen, HTC's chief encryption officer, said that mobile phones are an opportunity for people to start having digital identities.
“Exodus is a good starting point, because the mobile phone is the most personalized device, and it is where all the data comes from. I am happy that it brings opportunities for the decentralized Internet and reshapes it for modern users,” he said. .
In terms of the blockchain elements of the device, the current details are scarce. All we know is that it will be equipped with a refrigerated wallet.
If you have cryptocurrencies like Bitcoin, you can store them in an online or "hot" wallet, which basically means that you record private details about the cryptocurrencies you have.
However, due to concerns about cryptocurrency security and hacking, people are encouraged to put their encrypted passwords into a refrigerated wallet, similar to a savings account.
By taking the coins offline, this means that no one can crack the wallet and enter them. If you have a lot of bitcoin or other cryptocurrencies, it is usually recommended.
We will have to wait until the release date to see more dispersing applications, but on the basis of the cold wallet, it seems that HTC Exodus is for those who specialize in cryptocurrencies.
Chen told The Verge that HTC Exodus will offer early access anywhere in China in the third quarter of 2018, and the price may be around $1,000. You can register for early access here.
Like HTC Exodus, the company is taking other steps in the blockchain space.
Cryptokitties is a blockchain-based virtual reality game that allows players to purchase, nurture and sell different types of digital cats that will enter HTC devices. This is the first time you have used a blockchain game on your mobile device.
The game will be available on HTC U12+ and future selected HTC devices. Are you looking for the best HTC screen repair cost in the UK? Htcrepairer.co.uk is offering HTC mobile phone repairs, phone screen repair, phone screen repair kit and other repair services too at the lowest price. For more details on HTC repairs, visit our website http://www.htcrepairer.co.uk
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