Today, HTC launched the early access period for its first blockchain phone. Named HTC Exodus 1, this phone is combining blockchain technology with premium tech specifications.
The phone is designed for cryptocurrency oriented users that require a reliable mobile device. Consequently, HTC Exodus 1 has some unique set of security options. With an emphasis on blockchain technology, the phone has several ways in which it can save users cryptocurrency.
First Blockchain Phone has Rich Crypto Options
New HTC’s phone is using a more powerful version of HTC U12+ as a hardware foundation. This basically means that Exodus 1 will have flagship specs. The phone name might suggest that this is just the first step that HTC made in the crypto field and that there might be a greater agenda behind the blockchain story. For now, you can perceive Exodus as a phone that can securely hold keys to your wallets. This is done by using the Secure Enclave part of the system, which is a locked area that is protected from the Android OS (Android O). However, this secure enclave will keep the keys to users crypto, whether that is currencies or non-fungible tokens (NFTs) or in the very near future, all your digital data.
In case something unexpected happens with the device: a truck goes over it, or it gets stolen, you don’t need to worry. The Social Key Recovery mechanism is a recovery solution that keeps your important data safe and decentralized. In order to use this recovery option, the user must have trustworthy friends. After user picks dependable contacts, each one of those must download a key management app. In that way, the phone will split the owner’s seed using a secret sharing algorithm and sent to selected friends. So in case of emergency, a user will still have access to its crypto funds. However, this option also ensures that the company does not hold keys in a central location.
Exodus 1 is Open for Developers
The mobile company is inviting cryptographers and developers worldwide to join the Exodus community. By participating, they can further improve secure enclave. As part of the early access period, HTC is inviting community feedback and contributions through the ‘HTC EXODUS (OFFICIAL)’ Telegram channel. HTC’s Project Exodus is a smartphone solution for the decentralized web.
Phil Chen, Decentralized Chief Officer at HTC, thinks that mobile phones are essential for blockchain technology:
Exodus 1 is a foundational element of the crypto internet. For digital assets and decentralized apps to reach their potential, we believe mobile will need to be the main point of distribution. We look forward to partnering with developers in the blockchain community to usher in this vision.
In order to further improve new technology, HTC will release APIs. That way, the third-party developers will be able to use the Exodus 1 hardware to protect keys and sign transactions. In order to do that, the company will release the Zion key management API and wallet SDK to developers.
HTC Exodus 1 Tech Specifications
Beside crypto-friendly software, Exodus 1 boasts with flagship level hardware:
|Display||6” 2880×1440 pix. QHD+ Super LCD, Corning Gorilla Glass 3, 18:9 ratio|
|Chipset||Octa-core Qualcomm Snapdragon 845: 4x 2.8GHz Kryo 385 Gold + 4x 1.7GHz Kryo 385 Silver|
|Memory||6GB RAM, 128GB, expandable with microSD up to 512GB|
|OS||Android 8 Oreo with Secure Enclave|
|Camera||Primary: 16MP+12MP, OIS, laser AF, 2x optical zoom, 4K video@60 fps; Secondary: Dual 8 MP with bokeh|
|Other||IP68 dust and water resistant, USB 3.1 Type-C, Quick Charge 3.0|
|Price||Only in BTC or ETH|
In order to stay true to the crypto community, you can buy Exodus 1 only for cryptocurrency (BTC and ETH), and not via operators or for fiat. That said, HTC is planning to ship pre-ordered phones in December 2018. Pre-order programme will be available in 34 countries including the US, Taiwan, HK, Singapore, New Zealand, UK, Austria, Norway, and other European countries.