HTC Demos Crypto Smartphone Exodus at Slush 2018



htc exodus 1 phil chen blockchain smartphone slush 2018

Ten several years back, buyer electronics producer HTC designed background when it unveiled the HTC Dream, the 1st business product to benefit from the Android functioning process. A couple months afterwards, an additional monumental occasion took spot, when Bitcoin creator Satoshi Nakamoto mined the BTC Genesis Block, birthing what Phil Chen — HTC’s “chief decentralized officer” — coined a “quiet revolution.”

Now, a decade afterwards, HTC hopes to marry people two revolutions in the Exodus 1, the 1st “blockchain smartphone” made by a mainstream electronics producer. Chen unveiled far more info about the much-expected product on Wednesday at Slush 2018 in Helsinki during a presentation that highlighted an physical appearance from Litecoin creator Charlie Lee.

Crypto Can Rescue End users from Digital ‘Feudal System’

charlie lee litecoin phil chen htc exodus 1
Charlie Lee (left) and Phil Chen (ideal)

Talking at the occasion, Chen mentioned that HTC believes in an “open world-wide-web,” and just as the Dream became the 1st business smartphone to aspect an open up-supply functioning process, the Exodus 1 will be an crucial 1st action to encouraging users reclaim their individual info and digital identities from the “tyranny” of technology.

“This total movement has been hijacked,” Chen mentioned, arguing that the world’s seven most significant tech conglomerates experienced turned the digital earth into a new “feudal process.”

“This detail that was open up supply became a railway to possessing all of our digital identities, all of our digital individual facts, and all of our digital property.”

Chen mentioned that, if designed out there to individuals via person-welcoming gadgets, blockchain technology can change that by providing users handle of their private keys.

HTC Exodus 1: To start with Look

htc exodus 1 slush 2018
HTC Exodus 1 | Slush 2018

Today’s HTC Exodus 1 demo arrives significantly less than a 7 days after upstart smartphone producer Sirin Labs — who says that it lifted far more than $157 million via an first coin giving (ICO) — formally unveiled the FINNEY, which it statements is the “world’s 1st blockchain smartphone.”

From a visual standpoint, the Exodus 1 is at 1st look much sleeker than the FINNEY, even though — contrary to the Sirin Labs product — it does not look to aspect a genuine chilly storage wallet. Alternatively, the Exodus 1 retailers private keys in a safe enclave referred to as Zion, which isolates them from the remainder of the functioning process. When potentially significantly less safe than chilly storage, it is a significant action up from the program wallets — no matter if custodial or non-custodial — wherever most cellular users at the moment retail outlet their cryptocurrency resources.

Both telephones aspect flagship specs, and — at the very least ideal now — both equally can be pre-purchased solely with cryptocurrency, with estimated ship dates by the stop of the thirty day period. During his presentation, Chen formally announced that, in addition to bitcoin and ethereum, users can buy the Exodus 1 with litecoin at a set rate of just under 20 LTC.

Photos from Slush 2018/YouTube

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