HTC Corporation has introduced that Litecoin co-founder, Charlie Lee, will function an advisor to HTC Exodus, the native blockchain smartphone developed by the Taiwanese shopper electronics agency.
One small step for @SatoshiLite. One large leap for blockchain.
— HTC Exodus (@htcexodus) July 30, 2018
The HTC Exodus, which the Asian tech large has described because the world’s first native blockchain cellphone, is slated for launch on this yr’s third quarter. HTC has indicated that each Exodus system might be a node and it will permit customers to personal their id and their knowledge by having each on their units versus being on a centralized cloud. Additionally, each system will include a chilly storage pockets for cryptocurrencies.
Principles of the HTC Exodus:
1. Hold your individual keys
2. Own your id & knowledge
3. Phone is the hub
— HTC Exodus (@htcexodus) May 15, 2018
However, specs of the system in addition to the markets it would initially be accessible in have to this point not been made public.
LTC Joins the Bandwagon
Originally, based on the Chief Crypto Officer of HTC, Phil Chen, it was revealed that HTC Exodus would support Bitcoin and Ethereum as CCN had reported.
“Through the Exodus, we are also excited to be supporting underlying protocols such as Bitcoin, Lightning Networks, Ethereum, Dfinity, and more,” Chen was quoted as saying. “We would like to support the entire blockchain ecosystem, and in the next few months we’ll be announcing many more exciting partnerships together. Together, we want to craft the best blockchain & decentralized application experiences to end consumers.”
Now the co-founder of Litecoin has confirmed that assist has been expanded and can embrace the 7th-largest cryptocurrency by market capitalization.
Met the HTC Exodus crew final week and was actually excited to listen to the cellphone will assist LTC and Lightning Network on Litecoin natively! I might be an advisor as I see having a safe crypto cellphone that makes LN easy is required for mass adoption.
P.S. No, they won’t take away BTC. https://t.co/WQcygPVst0
— Charlie Lee [LTC⚡] (@SatoshiLite) July 30, 2018
With the said targets of the HTC Exodus being to deliver decentralized applications (dApp) to cellular units, the Taiwanese tech large earlier this month introduced that it had fashioned a partnership with CryptoKittes, a dApp on the Ethereum community, permitting the sport to be launched on future units from HTC.
User Empowerment by way of Decentralization
Initially, the HTC U12+ was chosen as the primary HTC system by which CryptoKitties could be distributed. At the time, HTC additionally invited builders to distribute their blockchain video games by way of its crypto collectible market in addition to its crypto gaming app retailer to ‘combat the commoditization of humanity’ by empowering customers by dApps.
Besides HTC Corporation, one other Taiwan-based tech agency, Foxconn was selected in April this yr by Israeli tech agency, Sirin Labs, to construct a blockchain-powered cellphone generally known as Finney. The blockchain-powered cellphone from Sirin Labs will permit customers to retailer and make purchases utilizing cryptocurrencies. Expected to be shipped this October the working system of the cellphone might be Android-based.
SIRIN LABS is extremely excited to announce that it has chosen FIH Mobile (Foxconn International Holding) to Manufacture the FINNEY smartphone. With this improvement, we’re taking an enormous leap ahead to deliver the Go Crypto revolution to the mainstream. https://t.co/YvZ1oX4xD4
— SIRIN LABS (Not gifting away ETH) (@SIRINLABS) April 4, 2018
Featured picture from Shutterstock.
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