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Smartphone Powerhouse To Launch Blockchain Enabled Device By The End Of 2018

14 July 2018

Official pricing will reportedly be provided in Q3 this year, with global availability (excluding China) expected. The game, which lets you collect and even "sire" one-of-a-kind virtual cats, is based on blockchain technology. Chen did say that the Exodus will be "comparable" to the Finney, another blockchain smartphone that's priced at $1,000 and manufactured by Sirin Labs. It can also be used as a mining rig for its users to earn new tokens connected to the Exodus Blockchain.

Last week, the company revealed that sales in June have dropped by 68 percent, while their latest product U12 Plus has received mainly negative reviews.

It should be able to store your encrypted data on the device instead of the cloud and also store your crypto wealth while giving you control of your private keys.

Having announced the "world's first blockchain smartphone" earlier this year, technical details were rather on the scant side, but yesterday HTC at least shed some light on a possible launch date for "The Exodus" and the markets it's looking to corner. The "world's first major blockchain phone" is still shrouded in mystery, though the company did reveal a couple of key details this week at RISE in Hong Kong meant to keep folks interested while it irons out the rest of the product's hiccups.

Saying that it will make decentralization a reality, HTC bragged in a corporate web post that "we believe we can help reshape the internet with the HTC Exodus".

In short, HTC is in a precarious financial situation and has troubled to stay afloat in the unforgiving smartphone market.

In addition, HTC blockchain phone will integrate a user-friendly interface for decentralized apps (DApp) to boost the number of their users.

Considering the Finney clocks in at $1000, it sounds like we can expect iPhone X-level pricing for the Exodus, which is a fairly big risk for a company that's now struggling to find an audience.

On the HTC website, the phone manufacturer indicated that the CryptoKitties mobile app will be offered to users in the United States.

Smartphone Powerhouse To Launch Blockchain Enabled Device By The End Of 2018