THELOGICALINDIAN - The bitcoin banknote association now has a new way to defended and transact its agenda money as HTC adds built-in BCH abutment to its Exodus 1 smartphone A key acumen the technology architect has called to do so is that abounding consumers are application BCH as a acquittal adjustment and HTC wants to see a approaching area merchants use the Exodus to accept BCH payments
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HTC Exodus 1 Now Supports Bitcoin Cash
Taiwanese customer electronics architect High Tech Computer Corporation or HTC (TWSE: 2498) has added congenital bitcoin banknote abutment to its flagship smartphone, Exodus 1. The device’s analgesic affection for cryptocurrency users is the Zion Vault, a agenda asset wallet with an easy-to-use software interface chip with onboard accouterments security. This defended congenital wallet is now able of administering bitcoin banknote transactions, so users can calmly buy, receive, absorb and abundance BCH on the buzz after the accident of alien hacking.
HTC has appear the abutment for BCH as allotment of a new affiliation with Bitcoin.com, which will accommodate pre-loading the company’s accepted wallet app on the Exodus 1. Moreover, Bitcoin.com will additionally action the smartphone, as able-bodied as the accessible lower priced accessory HTC Exodus 1s, for auction on its online store. The Exodus 1s will affection the aforementioned built-in BCH abutment accessible to Exodus 1 users appropriate now back it launches after this year.
Bitcoin.com CEO Stefan Rust commented: “There are so abounding synergies amid Bitcoin.com and HTC. We are actual aflame to be on this absurd adventure together.” Bitcoin.com Executive Chairman Roger Ver added: “Bitcoin.com’s affiliation with HTC will accredit Bitcoin Banknote to be acclimated as associate to associate cyberbanking banknote for the millions of HTC smartphone users about the world.”
Bringing Users Full Control Over Their Data and Assets
To accept how HTC sees the affiance of cryptocurrency and why it has added bitcoin banknote abutment now, we talked with the company’s Decentralized Chief Officer Phil Chen. Explaining the accent of the new partnership, Chen said: “Smartphones are everywhere and accept proliferated beyond the planet. It’s actual important for the acceptance of crypto that it is accessible to abundance and use, no amount which cryptocurrency is adopted by people. So the actuality that BCH, one of the better cryptocurrencies, is now accessible to use on our smartphone is actual important for us. Together, HTC and Bitcoin.com are allowance to accompany crypto to the masses.”
Regarding its abutment for the crypto association in general, HTC sees this as an important allotment of its eyes to empower users in the face of Big Tech. “True adeptness is buying of, ascendancy of and adeptness to transact with your agenda assets. Cryptocurrency is the best abode to alpha on this adventure to acceptance users to own their own data. It is a alarming anticipation for abounding of the big players in both Silicon Valley and in the smartphone maker space. If users are accustomed to own their own keys and data, this will accept a cogent appulse on the business models and acquirement of these able firms,” explained Chen.
He added that HTC congenital the Exodus 1 accessory to drive the movement to a absolutely decentralized web area users accept abounding ascendancy over their abstracts and assets. “The aboriginal footfall is to acquiesce the crypto association to authority their own keys; this will be a acquirements ambit for many. So the crypto association is so important as we attending to the accumulation acceptance of both decentralized accessories and crypto/blockchain in general.”
As for why users charge a crypto-focused smartphone such as the Exodus 1, the developer says it provides account for cryptocurrency. “While algid accumulator wallets are the ultimate in security, it can be adamantine and apathetic to use and transact your crypto. Alive centralized exchanges, although fast, do not accommodate the aegis or allow you accurate ownership. It was important for HTC to acquisition the appropriate antithesis amid the deadlock aegis of algid accumulator and the affluence of use of alive centralized wallets. You no best charge to accept accouterments wallets that again charge article like Metamask and again a browser for instance. All the transaction and aegis capabilities are accessible application aloof your Exodus device.”
The company’s Decentralized Chief Officer explained that HTC has developed the Zion Basement to accomplish this. It’s an all-in-one defended basement that allows users to accumulate their own keys and accomplish through a highly-secure Trusted Executive Environment (TEE), but additionally the adeptness to calmly transact with those keys.
“All keys and passcodes are stored in TEE anon in users’ Exodus 1 device. The user will consistently own their own keys. HTC or the Android OS will never accept custody,” Chen said. “Operating apart of the Android OS, the basement will assure the entrusted crypto-keys with acrimonious security. When acceding your BCH transactions, Zion Trusted UI will actualize a safe area through Trusted Executive Environments (TEE) that block accessible malware attacks. Zion does not almanac any user advice at any stage.”
The Key Reason for Supporting Bitcoin Cash
HTC sees crypto as a new archetype for customer electronics, afterwards smartphones accept apparent a plateau in agreement of all-around accessory development and innovation. They apprehend that smartphones of the approaching will be the amount of your agenda character and the way to accumulate your agenda assets and data.
“It is allotment of a best roadmap but the HTC Exodus 1 marks a new alpha for users and their data,” explained Chen. “Only back users accept abounding buying of their own keys can we achieve accurate decentralization, which is a basic aboriginal footfall against attention users. We see this as a dispatch bean to how bodies will backpack their own agenda assets and agenda identities in their pockets, in the actual way we backpack phones today.” He added that the accessible Exodus 1s will be able to accomplish as a abounding bulge on the BTC blockchain. “That’s addition industry aboriginal and we additionally apprehend added of this addition as it is the alone absolutely arguable way to transact application your crypto assets.”
HTC’s Decentralized Chief Officer added that BCH users accept a lot to attending advanced to from the company’s cooperation with Bitcoin.com activity forward. “This is alone the alpha of what the decentralized apple can offer, so the possibilities and abeyant are endless. We can see a approaching area merchants are application their Exodus accessory to accept BCH payments at their point of auction (POS). That’s a key acumen we’re acknowledging BCH; it’s abundant to see so abounding consumers application BCH as a acquittal method.”
Future affairs for the affiliation accommodate alms appropriate discounts back advantageous for appurtenances in BCH, and the auction of approaching Exodus phones on store.Bitcoin.com, with added collaborations to be appear in due course.
What do you anticipate about HTC abacus built-in bitcoin banknote abutment to its flagship smartphone? Share your thoughts in the comments area below.
Images address of Shutterstock and HTC.
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