What’s Going On?
HTC says it is ready to bring it’s blockchain phone to market, but potential buyers will need plenty of crypto or fiat if they want to buy it at launch.
Why Does It Matter?
HTC said the Exodus will launch in the third quarter of this year, so some time between July and September, reported TechRadar. The new phone is the brainchild of Phil Chen, who was the driving force behind the Vive virtual reality headset.
We first reported that HTC was to launch a blockchain-enabled phone in May, but the company has made headlines this week by indicating it will have a retail price of around $1,000.
What Has Been The Reaction?
“I want to see a world where the end consumers can truly own their data (browsing history, identi-ty, assets, wallets, emails, messaging, etc) without the need for central authorities,” said Phil Chen, HTC’s newly appointed Decentralized Chief Officer in his official launch announcement. “There is a lot of work ahead of us, but I believe the mobile hardware layer can contribute significantly to our new decentralised world.
“Through the Exodus, we are also excited to be supporting underlying protocols such as Bitcoin, Lightning Networks, Ethereum, Dfinity, and more. We would like to support the entire blockchain ecosystem, and in the next few months we’ll be announcing many more exciting partnerships to-gether.”
But not everyone was convinced the phone will change the world. Will Stofega, program director at IDC for mobile and drones, told The Verge: “It seems to me that they’re almost grabbing things that aren’t really there. Blockchain doesn’t make a sense to a lot of people. With the Exodus, [Chen] is hoping he’ll get people to be each node, as each Exodus device will form one node in the blockchain. But the problem is, does any-one want to be in that chain?”