The HTC Corporation recently announced their partnership with Litecoin and its co-founder, Charlie Lee – with him being the advisor to HTC Exodus which will be the new native blockchain smartphone delivered by the Taiwanese electronics giant.
News about the smartphone has spread like wildfire on the social networks.
One small step for @SatoshiLite. One giant leap for blockchain.
Team @HTCExodus, @philchen913 @htc are honored to have Charlie Lee to join as our advisor.
cc @litecoin @LTCFoundation @LitecoinProject #LetMyDataGo https://t.co/JWGI4b8yH0
— HTC EXODUS (@htcexodus) July 30, 2018
Meanwhile, the HTC Exodus will be the first native blockchain phone in the world. It is currently slated for release in the third quarter of 2018 and according to HTC, every device will be a node which will allow users to own their identity and data by having both on their devices (instead of being present on a centralized cloud).
On top of this, every HTC Exodus will come with a cold storage wallet meant for storage of cryptocurrencies.
Principles of the HTC Exodus:
1. Hold your own keys
2. Own your identity & data
3. Phone is the hubLive at Consensus 2018: https://t.co/4s62UCutzu pic.twitter.com/Cku3U6hJw0
— HTC EXODUS (@htcexodus) May 15, 2018
Still, the detailed specifications about the HTC Exodus are not yet confirmed or made public. While originally it was thought that the smartphone will support Bitcoin and Ethereum, now things are taking a twist in a different way and the co-founder of Litecoin, Charlie Lee, recently confirmed that the support has been expanded and will include Litecoin as the 7th largest cryptocurrency by market cap.
Met the HTC Exodus team last week and was really excited to hear the phone will support LTC and Lightning Network on Litecoin natively! I will be an advisor as I see having a secure crypto phone that makes LN simple is needed for mass adoption.
P.S. No, they will not remove BTC. https://t.co/WQcygPVst0
— Charlie Lee Ⓜ️🕸️ (@SatoshiLite) July 30, 2018
The HTC Exodus will also bring decentralized applications (dApps) to mobile devices – which was confirmed by HTC earlier this month after their official partnership with CryptoKitties which is a dApp on the Ethereum network that allows the game to be released on future devices from HTC.
DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]
Discussion about this post