HTC Announces Second Blockchain Phone in Development

Asia Blockchain Review
May 17, 2019

HTC is planning to launch another blockchain-based smartphone, following the self-proclaimed success of its HTC Exodus released late last year.

The Exodus has been a serious option for those who use crypto applications, coupled with the ability to store tokens on the device. Though the Exodus runs on Android, it remains unclear what operating platform the next smartphone will be based on, with speculation that HTC could be developing a brand new platform for the blockchain-based product line.

Recently, the company also announced its investment in blockchain fund Proof of Capital, which is worth over US$50 million. The move is expected to further HTC’s blockchain phone development.

According to Taiwan News, HTC’s Decentralized Chief Officer Phil Chen told reporters that sales of the company’s first blockchain phone did not disappoint, without disclosing unit sales or the company’s targets for the handset.

Chen said that despite the relative infancy of blockchain implementation, it is a promising technology that carries significant commercial value and potential for the future, likening its trajectory to that of petroleum from the 1900’s onwards.

The DCO stressed that what makes blockchain unique is the prospect of ultimate privacy for its users.

HTC Corporation is a consumer electronics company headquartered in Xindian District, New Taipei City, Taiwan. It started out as a laptop computer manufacturer and became renown as one of the top smartphone manufacturers in recent years.

Source: taiwannews.com


About Asia Blockchain Review

Asia Blockchain Review is the largest initiative for media and community building in Asia for blockchain technology. It aims to connect all blockchain enthusiasts on a regional scale and facilitate the technological foundation of blockchain through a range of group discussions, technical workshops, conferences, and consulting programs.

Our goal is to cultivate and encourage a collaborative community for our members to gather, share their experiences and endeavors in the blockchain space, and brainstorm the potential uses of blockchain technology.

Follow Asia Blockchain Review on:

 

    Related Article
    Daimler Trucks and Waymo partner on the development of autonomous SAE Level 4 trucks
    Daimler Trucks and Waymo have signed a broad, global, strategic partnership to deploy autonomous SAE...

    October 31, 2020

    Microsoft cloud business gathers steam as pandemic boosts growth
    According to Reuters, Microsoft Corp's cloud computing business slightly re-accelerated and its Team...

    October 31, 2020

    Chainstack To Ensure Easy Access To XDC, The First Digital Currency On The Public Corda Blockchain Network
    Chainstack and Cordite Society are announcing a partnership to make Cordite XDC nodes available to e...

    October 29, 2020

    Ant’s Record Strategic Allocation In Shanghai IPO Fuels Small Investor Scramble
    According to Reuters, Chinese fintech giant Ant Group’s move to earmark a record 80% of the Shanghai...

    October 28, 2020

    We provide information about Asia Blockchain Review latest activities as well as global blockchain news and research. Subscribe to our Newsletter now or Contact us