INSUBCONTINENT EXCLUSIVE:
20/09 - UPDATE - We got the chance to sit down with Phil Chen to pick his brains on the Exodus, and found out some interesting details -
click here to see it all, or read on for more.Blockchain is everywhere at the moment, with the technology making headlines around the world
with its potentially game-changing applications (as well as frequent valuing fluctuations)HTC is now jumping on the bandwagon, with the
Exodus - what it says is the world's first major blockchain-powered smartphone.The Taiwanese firm has not had the smoothest ride in the
smartphone market in recent months, having made a raft of recent job cuts, device shipments dwindling across the world and its most recent
U12 Plus flagship receiving somewhat mixed reviews.The HTC Exodus is the brainchild of Phil Chen, who was the driving force behind the Vive
virtual reality headset, and forms the start of a major blockchain push as the company looks to return to winning ways.HTC says it wants to
"make decentralization a reality", expanding the blockchain ecosystem through a connected network of mobile devices - so could the HTC
Exodus be the start of a new generation Here's everything we know so farThe key details:What is it HTC's new blockchain-boosted
has only said that the Exodus will launch in the third quarter, meaning some time between July and September.Given that HTC only recently
manufacturers set to announce major device launches this autumn, it would make sense for HTC to launch the Exodus sooner rather than later -
but in terms of specific dates, it's still TBC at the moment.There's no indication on price yet either, although HTC Exodus head Phil
released by Sirin Labs last year.Chen also said that the HTC Exodus will launch "definitely everywhere outside of China" - with that
exclusion being down to China's stringent rules and regulations on technology
But again, as of yet, there's still no specific details.So how will a blockchain phone workBlockchain technology may be flavor of the
month, but it's not at first glance an ideal fit for smartphones - as high-stakes trading and cryptocurrency mining often requires hugely
powerful hardware.HTC is looking to start something completely new with the Exodus, claiming that the device is the launchpad for its new
native blockchain network ecosystem, with the individual Exodus devices acting as nodes for trading amongst users.For those all-important
trades, the device will include a cold storage wallet that will support all major cryptocurrencies, including the likes of Bitcoin and
Ethereum, as well as decentralised apps.The cold storage hardware is important as it means that the Exodus will be able to store the user's
ensure extra security due to high-level encryption tools, as well as the ability to connect to superfast networks to ensure speedy
transactions - Chen notes that the device will be "the most secure hardware wallet out there."When we spoke to Chen recently, he revealed
that the HTC Exodus has built a secure enclave (that it calls the "trust zone") directly within the device's Arm hardware
also worth noting that Exodus is already the name of a well-known online cryptocurrency wallet service, offering an "all-in-one wallet to
secure, manage and exchange blockchain assets" - which could well be the backbone of HTC's new approach.Overall though, there are still a
lot of questions to be answered, so now it's over to HTC to prove it has what it takes to make the Exodus a success.What else do we
knowHTC has already said that the device will run Android software, meaning that all Google's usual familiar services will be present and
correct - and this will include some of HTC's own security tools on top.The HTC Exodus also comes with a unique security Social Key
Recovery safeguard if you do misplace your phone, and with it, all your precious currency
asked to select several contacts, each of whom will then receive a part of the key, accessed only through a special app.If you do misplace
your device, getting access to the wallet can only be done by obtaining all the part of your keyAs for hardware though, we're still none the
will mean most probably an octa-core processor and a hefty amount of RAM, along with a sizeable battery to power all of this.And despite HTC
may claim, the Exodus is not the world's first blockchain phone
users to store and spend digital currencies without incurring transaction fees.We have contacted HTC to find out more information about the
Exodus and how it will work, and we'll be updating this article as soon as more information is made available.5vLRp8RrWBrnTCKa2ehgmQ.jpeg#
