The phone is called Exodus and it's being imaged as a phone that gives users the agency to "take back the internet", telling social media sites to "let my data go" and leaving individuals' information in literally their own hands, not in the centralized servers of Facebook and Google. It also features "The Switzerland of Protocols", a "Universal" wallet, "Dapps" (decentralized apps, for non-crypto normies), and all sorts of other nebulously defined features ostensibly meant to enhance security. Ultimately, HTC says that each Exodus will act as a node for the bitcoin and ethereum blockchains - so that every phone increases the overall size and scope of the network. HTC Vive founder, Phil Chen will be in charge of the Blockchain initiative. "We would like to support the entire blockchain ecosystem, and in the next few months we'll be announcing many more exciting partnerships together".
HTC has not shared any release date or price of the phone but it has been now listed on its website for bookings.
Exodus is expected in October.
HTC is making a blockchain-powered phone. As the company's "Decentralized Chief Officer", Chen notes users will own their "ID and data" right on the phone, instead of the cloud. This would be the second Blockchain smartphone, behind Sirin Labs Finney smartphone that is priced at $1000.
The Taiwanese OEM is also considering allowing users to actually buy the device using cryptocurrency, though no set price has been announced. Huawei has hopped on to blockchain bandwagon by hosting a bitcoin wallet on its phones.
You'll also be able to easily trade with peers on the phone's network - without any mining fees. Blockchain and cryptocurrency are becoming big topics these days, with many anxious that the traditional currencies might be worthless in a few years.