HTC is developing a new Android phone that will be powered by blockchain technology.
The phone, named Exodus, will feature a universal wallet and a built-in secure hardware enclave to support cryptocurrencies and decentralized applications.
HTC has roped back the creator of its virtual reality headset Vive, Phil Chen, who will be responsible for all blockchain and cryptocurrency related initiatives of HTC including Exodus.
The company plans to create a native blockchain network with all exodus phones acting as nodes to facilitate cryptocurrency trading among the phone users.
“Through Exodus, we are excited to be supporting underlying protocols such as Bitcoin, Lightning Networks, Ethereum, Dfinity, and more,” Chen said on the integration of blockchain applications with the phone’s hardware. “We would like to support the entire blockchain ecosystem, and in the next few months we’ll be announcing many more exciting partnerships together.”