Cryptocurrency

HTC Blockchain & Crypto Smartphone Can be Bought with Fiat


Feb 28, 2019 at 11:01 // News

To date, the Blockchain HTC Exodus 1 has, appropriately, only been available for purchase with Bitcoin, Ether, Ripple or other big cryptocurrencies. With effect from today, however, all interested parties will be in a position to obtain HTC’s blockchain (DLT) smartphone via traditional (fiat) ways such as USD. The smartphone is so far being sold online at around $699.


At the Mobile World Congress in Barcelona, Spain, the Taiwanese consumer electronics giant HTC Corporation declared the new availability for the item. They said that there is a variety of cryptocurrencies usable via the phone, that now includes the popular BNB token by Binance and Litecoin.   


Engineers at Work   


This effort is about supporting growing the product in question further than its initial soft roll out. When the product was
released in 2018, HTC was appealing obviously hoping to sell it in limited numbers to customers who could basically help beta experiment the item in the wild.   


Phil Chen, HTC Decentralized Chief Officer, describes the device as the firm’s 1.0 solution. As a matter of fact, it’s considering to form a formal bounty program to patch and delve into the potential feats.   


However, HTC has long held that a product like this will serve a big part in the time to come of a firm trying to discover a possible way out as it breathes the smoke of a festering mobile industry. Chen said in 2018 that:   


“The company is as committed as they are to the Vive. I don’t think it’s number one of the priority list, but I would say it’s number three or four.”   


Some of the Exodus 1 Features   


Currently, HTC has more than 25 engineers who are highly committed to the project. It’s probably not a massive number in the outstanding system of a firm the size of HTC, but rather a considerable lump of manpower since the device is largely designed using existing HTC hardware. The Corporation has also asked for help and solutions from a popular blockchain security specialist called Christopher Allen such that everything is secure enough.   


The HTC handset is pretty in terms of hardware and software (Android OS), not forgetting the size-squeezing Edge Sense.   


As a smartphone, the
Exodus 1 is characteristic for a 2018 prize. There’s a Snapdragon 845, 6GB of Random Access Memory (RAM), and 128 GB of storage. It also has a 6-inch 1440p LCD on the front, and the back side has a transparent glass. It’s mainly a U12+, right down to the pressure-sensitive buttons.   


Electronics Manufacturers Adopting DLT & Crypto   


Phone manufacturing companies have started embracing the use of blockchain technology and cryptocurrency, for example, the South Korean giant electronics conglomerate Samsung
launched a cryptocurrency cold wallet in its new Galaxy S10 phone last year.   


Recently, it was confirmed that the Samsung Galaxy S10 supports blockchain and digital currency, as reported by Coinidol. The new S10 handset provides crypto private key storage.   


“Galaxy S10 is built with defense-grade Samsung Knox, as well as a secure storage backed by hardware, which houses your private keys for blockchain-enabled mobile services,” Samsung
noted.   


Last year, China’s biggest technology company, Huawei, was also considering manufacturing a smartphone with the potential to run blockchain Apps. The company is now seeking a license for the new OS (operating system) that supports blockchain.


In July 2018, Ubank – a mobile payment app,
signed a pre-installation deal with the South Korean firm LG Electronics on its phones. The users of LG smartphone will be in a position to access Ubcoin Market – an eBay-like distributed ledger technology (DLT) platform created by the Ubank group which allows customers to get crypto in exchange for tangible products.



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