HTC is set to launch their first Blockchain enabled Smartphone in December this year. Notably, The company will accept payments for the phone only in Bitcoin or Ethereum.

An early version of the phone which is named ‘Exodus 1’ is already available to pre-order. The phone is priced at $960 or 0.15 BTC. The phone will be available in 34 including the US, UK, and Hong Kong.

So what does it mean to be a Blockchain enabled phone?

The phone will come with its own inbuilt wallet Zion, it will support dApps, each phone will be a node in the network, the phone will be more secure and tamper-proof, user data protection is prioritized.

Some of the specs are as follows:

6.0” Quad HD+ display with 18:9 aspect ratio

3500mAh Battery

Qualcomm Snapdragon 845 processor

6 GB RAM

IP68 waterproof rating

126GB of internal storage

The major purpose for a Blockchain phone is to protect user’s data and privacy. The phone can act as a hardware wallet where the user can hold his private keys. The phone also has “Social Key Recovery” in the case when the phone is lost or stolen.

Phil Chem. HTC’s Decentralized Chief Officer told Coindesk:

“Recent figures show that there are around 35 million wallets out there at the moment. The HTC EXODUS 1 is about getting the consumer used to owning their own keys and going from there to develop the EXODUS into a device that can be for the broader market.”

The company is also urging the developers to join the early access version to better the security of the phone. HTC also intends to release API’s to third party developers to build solutions in its ecosystem.

HTC Exodus Tweeted:

Genesis Block. Exodus Phone. This is official early access release to the EXODUS 1. We are inviting a community of developers and enthusiasts to work with us to keep building security. Join us in rebuilding trust together, one phone at a time. Get your early access now! pic.twitter.com/sPcNc7wnzj — HTC EXODUS (@htcexodus) October 23, 2018

Notably Elizabeth Stark, CEO of Lightning Labs is also an advisor to the project. The expectations on the product are high from the Crypto community as the launch of such product will prove a real-world use case and drive more adoption.

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