No Fiat Accepted: HTC’s New ‘Blockchain Phone’ Buyable Only for Bitcoin or Ethereum
news

No Fiat Accepted: HTC’s New ‘Blockchain Phone’ Buyable Only for Bitcoin or Ethereum

THELOGICALINDIAN - The HTC Exodus 1 buzz alien at the Consensus appointment in May is now accessible for preorder on aboriginal admission Primarily aimed at the development association the arrangement alone allows acquittal for the blockchainenabled archetypal application bitcoin or ethereum

Blockchain Phone = ?

So what absolutely is a blockchain-enabled adaptable device? Well, according to HTC:

Which is all actual well, but doesn’t absolutely explain actual much. Does this adherence to decentralized applications beggarly that centralized apps debris to run? Can’t brainstorm that actuality a big affairs point.

In fact, the buzz has a secure-enclave which is aloof through the accustomed Android operating system. This can abundance cryptocurrency keys and allows the Exodus 1 to absorb an basic accouterments wallet alleged Zion, which can authority bitcoin (BTC) [coin_price], litecoin and ethereum, amidst others.

Is That It?

HTC’s decentralized arch officer, Phil Chen, says that amalgam blockchain technology into the buzz enhances the aloofness of a user’s assets. He claims that in the future, it will assure a customer’s abstracts and character — although he doesn’t acknowledgment how.

After balustrade adjoin big tech companies owning so abundant of our data, Chen told CNBC that:

He’s not absolutely actual convincing, is he? And what on apple is a “decentralized arch officer?” Does he co-exist in several locations, or is he conceivably an AI?

Or maybe a business ploy?

HTC has been disturbing to advertise handsets adjoin competitors, so accept confused strategy. It looks like the new plan is to bandy as abounding crypto buzz-words at their accessory and aggregation as possible.

Hardware Wallet

Sure, putting a accouterments wallet into a buzz may about-face out to be a abundant idea. It formed with cameras… and music players… and web browsers. Or it ability about-face out to be a abhorrent idea. Do you absolutely appetite to pay a exceptional for the advantage of award out?

Pre-order prices are 0.15 bitcoin or 4.78 ether, which is aloof a adumbration beneath $1000. At that amount it’s aggressive absolutely in the exceptional smartphone bracket so, as would be expected, the phone’s added appearance are all appealing top-end.

The Exodus 1 is accepted to address in December. It isn’t bright whether buyers will be able to use authorization bill to acquirement it afterwards this point.

What are your thoughts on the new HTC Exodus 1 phone? let us apperceive in the comments below!

Images and media address of CNBC, Shutterstock, YouTube (HTC EXODUS).