HTC’s Blockchain Phone Exodus 1 Offers Enhanced Security for Decentralized Applications

HTC’s Blockchain Phone Exodus 1 Offers Enhanced Security for Decentralized Applications
фото показано с : blokt.com

2018-10-29 13:59

With the rising popularity of cryptocurrency and the blockchain technology behind it, manufacturers are now tapping into the new niche by churning out new gadgets showcasing these new technologies. One of the latest blockchain and crypto-focused devices about to hit the market is the HTC Exodus 1, dubbed as the company’s first blockchain phone, a smartphone that promises greater security for decentralized applications such as crypto wallets.

Exodus 1 Pre-orders Are Now Accepted

Taiwanese consumer electronics manufacturing firm HTC finally unveiled its first blockchain focused phone on October 23, 2018, according to CNBC. Called the Exodus 1, the smartphone will be released by December this year, but the company is already accepting preorders for the phone. HTC says the upcoming phone will cost 0.15 bitcoins or 4.78 ether tokens which means buyers who wish to preorder will need to shell out some cryptos for the transaction.

HTC says that the Exodus 1 is a blockchain phone because the phone is blockchain encrypted, according to CNET. The phone features what HTC calls a secure enclave, which is an area on the phone’s chip that is kept separate from its Android operating system.

Why the Secure Enclave Is Important

Storing cryptocurrencies using the Android system makes it more vulnerable to hacking. Exodus 1’s secure enclave offers better security since it is separate from the Android system running the phone. This makes it ideal for storing crypto-related data such as private keys.

HTC’s decentralized chief officer Phil Chen told CNBC that:

“Think of it as a micro OS that runs in parallel with Android. It basically is a wallet, but the wallet, what it does is hold your private keys.”

As a blockchain phone, the Exodus 1 will run decentralized apps, also known as DApps, which are programs run on blockchain. It also has the “Social Key Recovery” feature, where users may still be able to access their cryptocurrencies even if they lose their phones or forgot their private keys.

Exodus 1 Specs

The blockchain phone features a 6-inch QHD+ display with a resolution of 1440 x 3120 pixels. It comes with a 6GB RAM, 126GB storage, Qualcomm Snapdragon 845 processor, and runs on Android Oreo.

The phone features an 8-megapixel dual front camera and a 16-megapixel dual rear camera. It is both dustproof and waterproof with a rating of IP68.

HTC’s Blockchain Phone Exodus 1 Offers Enhanced Security for Decentralized Applications was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Time New Bank (TNB) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.01 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0108283 (-100%)

blockchain new exodus phone htc cryptocurrency applications

blockchain new → Результатов: 126


Can Falsified Lab Tests be Cured Through Blockchain?

New innovations in technology are seemingly making a quantum leap as contemporary technology evolves and assumes different forms. Technologies like blockchain emerged during a time when the technological prowess of industry makers needed something new to build upon — and it is quickly changing the trajectory of the way data transactions are stored and its … Continued The post Can Falsified Lab Tests be Cured Through Blockchain? appeared first on BeInCrypto.

2020-11-24 18:13


New York’s Financial Regulator Searches for Crypto and Blockchain Deputy Superintendent

The blockchain and cryptocurrency industry in New York is very strict, requiring businesses to secure a Bitlicense before they can even operate in the state. Now, with a “special” focus on blockchain and cryptocurrency, The Block reports that the New York State of Financial Services is looking for a deputy superintendent. Based on the job […]

2019-10-4 00:29


EMURGO Showcases Its Brand New Blockchain Explorer Based on Cardano

Operating as the global commercial arm of the blockchain Cardano, EMURGO has officially announced the release of its brand new blockchain explorer. This new system offers users the ability to monitor a wide range of ADA transactions that take place within the blockchain, as well as check the balance of specific wallet addresses. Referred to […]

2019-4-19 01:59


New PwC Study Reveals 84% of Businesses Experimenting with Blockchain Technology

According to a new study released by accounting giant PwC, more than 84% of companies surveyed are actively experimenting with the development of blockchain systems. The 2018 Global Blockchain Survey concluded that although the technology is innovative in nature, there is still a long way to go until full implementation is achieved.

2018-9-6 20:31


CareParrot ICO (CPX Token): Blockchain Patient & Doctor Healthcare?

Today in healthcare systems, new technologies such as blockchain are presenting new possibilities in the spread of data, information and knowledge are bringing forth dramatic changes. Despite the response to blockchain happening slowly and cautiously we still cannot refute the process that will eventually become inevitable. Much like other ICO, the CareParrot is putting a […]

2018-8-10 13:11