The world renowned corporation of HTC has recently made an announcement that the co-founder of the infamous crypto-currency Litecoin, Charlie Lee, will be joining HTC to work as an advisor for HTC Exodus, the native blockchain smartphone that was brought into development by the consumer electronics firm based in Taiwan.
The corporate giant of the technology industry based in Asia describes HTC Exodus as the world’s first native blockchain phone. It is set to release in the third quarter of the year 2018. HTC has gone so far as to point in the general direction that every Exodus device will serve as a node and this will give users the power and ability to properly possess and control their identity and their data by having both on their device rather than on a centralized cloud. Furthermore, each device will come equipped with a cold storage wallet for cryptocurrencies.
Primarily, as per Phil Chen, the Chief Crypto Officer of HTC, the news was made public that HTC Exodus would support Bitcoin and Ethereum as CCN had reported.
“Through the Exodus, we are also excited to be supporting underlying protocols such as Bitcoin, Lightning Networks, Ethereum, Dfinity, and more,” Chen was quoted as saying. “We would like to support the entire blockchain ecosystem, and in the next few months, we’ll be announcing many more exciting partnerships together. Together, we want to craft the best blockchain & decentralized application experiences to end consumers.”
Lately, Litecoin’s co-founder has brought us into confirmation that support has grown and the new product will include the 7th-largest cryptocurrency by market capitalization.
With the declared goals of the HTC Exodus being to bring decentralized applications (dApp) to mobile devices, the tech giant from Taiwan made an announcement in the first half of this month that it had come into a partnership with CryptoKittes, a dApp on the Ethereum network, allowing the game to be released on future devices from HTC.