If HTC launches the phone as promised, it would jump ahead of their competitor, the Swiss startup Sirin Labs, which is also working on a similar gadget. In fact, the company is now working on a new smartphone with the code name "Exodus" which will be the first blockchain smartphone in the world.
Every Exodus phone will boast a universal wallet, and will also act as a node in the blockchain. When asked about global availability, Chen said, "I want to say it will be available definitely everywhere outside of China".
Chen also outlined HTC's plans to help build an ecosystem for cryptocurrencies and decentralized applications with an emphasis on ensuring privacy and security for users.
In the new internet age people are generally more conscious about their data, this a ideal opportunity to empower the user to start owning their digital identity. Chief Crypto Officer Phil Chen and his team have set themselves high goals. In the end, HTC Exodus'm late to the fun that already hints at weak sales of the device is to buy it will be only those miners who for some reason still not out of the game. With the exclusive CryptoKitties partnership and a successful launch of its blockchain-based mobile device, HTC is likely to be back on track by the end of the year. And to attract the target market more, HTC has partnered with CryptoKitties, a highly popular blockchain-based game wherein players collect and breed virtual cats instead of Cryptocurrency.
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More details of the Exodus are expected in the next few days. Technology giant and the maker of the device, HTC states that the mobile phone has enough qualities to compete favorably in the market and satisfy the thirst of cryptocurrency operators, especially the developers of Dapps on Ethereum.
HTC has not revealed any other specifications related to the Exodus.
Meanwhile, industry experts are sharply divided over whether Exodus can really pull off a miracle for HTC. It has put up a website where those who are interested can sign up to receive more information as and when it becomes available.