HTC will launch its next-generation blockchain smartphone this year

Recently a reputed English IT journal brought news into everyone's notice about HTC's upcoming move. The Taiwanese Electronics brand HTC has revealed its plan to release a next-generation model of its blockchain-centric smartphone somewhere by the end of 2019. According to HTC's chief decentralized officer Phil Chen, the development is still in the process and aims to boost smartphones sales. If realized, this will also help to expand the company's blockchain echo system.

In sprint 2018, HTC first unveiled its plans for its first native blockchain phone. HTC Exodus will support multiple block chains, including Bitcoin, Ethereum networks, PCMag reported May 15. HTC Vive creator Phil Chen seem pretty positive about the possible outcomes after this phone is being launched. Chen said the Company's mission is to support the entire blockchain ecosystem in order to "help underlying protocols expand their base of dedicated nodes". Chen also mentioned that the upcoming premium phone will support "multiple blockchain protocols" such as BTC, Ethereum, Lightning Network (LN), and Definity Network.

The Android smartphone will feature a universal digital currency wallet as well as a secure hardware enclave. Chen also insisted that HTC Exodus would be highly secure and follow high standards of security and data protection. He said: "I want to see a world where the end consumers can truly own their data - browsing history, identity, assets, wallets, email, messaging - without the need of central authorities. As there isn't much information about Exodus right now, we can't estimate the price tag it might carry but Chen said that company may consider cryptocurrency as a means of payment for the upcoming blockchain powered smartphone.

The second-generation of HTC Exodus will extend its supported blockchain apps to browsing, messaging and probably to the social media. These new communication apps will be based on peer-to-peer connections instead of being routed via clouds. Chen referred to the major success of centralized consumer apps like Uber and Airbnb as an emerging sector of blockchain and decentralized technologies.