scorecardresearch
Follow Us:
Wednesday, May 18, 2022

HTC Exodus blockchain enabled phone to debut on October 22

HTC Exodus, the blockchain enabled phone, set to be launched on October 22

By: Tech Desk | New Delhi |
October 14, 2018 12:59:11 pm
HTC Exodus, HTC Exodus October launch, HTC Exodus blockchain phone, HTC Exodus cryptocurrency, HTC Exodus price, HTC Exodus features, HTC Exodus specifications, HTC Exodus price in India, HTC Exodus OS, Bitcoin, Ethereum, HTC, Phil Chen, Exodus HTC Exodus blockchain phone to debut on October 22

HTC has revealed that the world’s “first major blockchain” phone, the HTC Exodus announced in May this year, will be launched on October 22. The information comes via a newly created HTC Exodus Instagram account that shares a glimpse of the HTC Exodus and the announcement event for the new model.

For those unaware, HTC Exodus is basically a crypto phone that supports and serves as a safe ‘hardware wallet’ for cryptocurrencies like Bitcoin and Ethereum. As per reports, HTC outlined plans to create a native blockchain, whereby cryptocurrency could likely be traded among Exodus users. Apparently, users would be able to buy the phone using cryptocurrency. HTC Exodus software is said to be based on Android, the phone is expected to include ‘security protocols’ and apps to handle the required encryption for safe transfer of coins.

Also Read: Huawei is considering a blockchain-ready smartphone

Phil Chen, HTC’s head of Exodus, in an interview with TechRadar said the company has built a ‘secure enclave’ called “trust zone” within the ARM hardware employed in the model to solve security issues. Empowered with a new standard dubbed as trust execution environment, the ‘enclave’ is said to keep cryptocurrency safe. Chen said the HTC Exodus will come with a system “Social Key Recovery” that will prevent hackers from gaining access to user’s storage wallet.

Best of Express Premium

A G Perarivalan writes: My hope was my mother… the life-saving plan...Premium
Why was Deepika Padukone dressed in sofa upholstery at Cannes?Premium
UPSC CSE Key – May 18, 2022: What you need to read todayPremium
Explained: The content and scope of Article 142, invoked by Supreme Court...Premium

Notably, the wallet will only be recovered or accessed with a unique key, which a user will be asked to enter during the set-up process of the phone. While the upcoming HTC Exodus will come with security and cryptocurrency support, Chen acknowledges that the phone will require input from cryptographers and broader ‘cryptocurrency community’. Besides a few security features and cryptocurrency support, other details of the new HTC Exodus phone are scarce as of now. However, reports suggest that the phone could come for a cost of around $1,000.

For all the latest Technology News, download Indian Express App.

  • Newsguard
  • The Indian Express website has been rated GREEN for its credibility and trustworthiness by Newsguard, a global service that rates news sources for their journalistic standards.
  • Newsguard
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement