The Blockchain has the potential to change digital life as we have known it so far. With the Exodus, HTC now brings the blockchain to our smartphones. The new phone will be a “Secure Enclave” with support for crypto currencies and decentralized applications.
Our vision is to expand the blockchain ecosystem by creating the world’s first phone dedicated to decentralized applications and security. With the release of the HTC Exodus we can now make this a reality.” HTC Exodus
According to information from the Taiwanese smartphone manufacturer, a wallet for cryptocurrency and other transaction protocols are already pre-installed on the HTC Exodus.
To further strengthen the system, HTC is currently working on its own blockchain network in which the individual Exodus smartphones will function as nodes, i.e. access points. HTC wants to optimize and make more secure the payment and transfer processes in the digital society.
An overview of the other functions can be found here:
Innovation Profile: HTC Exodus
The decentralization of processes by means of blockchain may bring some advantages and disadvantages. But even beyond its current hype, technology has the potential to fundamentally change and improve the processes of our digital society. The fact that smartphones cannot be excluded from this development seems more than logical, especially given the high degree of penetration of mobile devices. The HTC Exodus lays the foundation for the further spread of blockchain technology.
More and more companies are recognizing the potential of the blockchain for their industry. Although very few companies have developed a real strategy in this area, awareness of the benefits of secure technology is growing. However, the points of contact of the general population, who are also HTC’s target group, have so far been rather low. Here experiences with Bitcoin and Co are rather a rarity and the blockchain is sometimes viewed critically and misunderstood. Thus, both the novelty of the Blockchain smartphone and the uncertainty in the innovation profile are high to settle. In terms of complexity the HTC Exodus seems to be manageable. It does not differ in its essential functions from the previous smartphones, but adds blockchain technology to their functionality. Also the conflict salary will not be very high. Those who do not want to use the services will simply deactivate them or go to another smartphone provider.
Conclusion: HTC are not the first to deal with the topic of a blockchain smartphone. Sirin Labs has also announced a blockchain-based telephone with its “Finney”. The current developments in blockchain technology are thus also motivating hardware manufacturers to become active. More and more companies are becoming active in the field of decentralised communication and secure transactions. HTC is thus a pioneer of a movement that is just beginning to develop.