First Look: HTC Demos Crypto Smartphone Exodus at Slush 2018

Ten years within the past, consumer electronics producer HTC made historic past when it launched the HTC Dream, the main industrial instrument to lisp the Android operating system. About a months later, any other huge match took reveal, when Bitcoin creator Satoshi Nakamoto mined the BTC Genesis Block, birthing what Phil Chen — HTC’s “chief decentralized officer” — coined a “composed revolution.”

Now, a decade later, HTC hopes to marry those two revolutions within the Exodus 1, the main “blockchain smartphone” produced by a mainstream electronics producer. Chen unveiled extra data in regards to the mighty-anticipated instrument on Wednesday at Slush 2018 in Helsinki at some stage in a presentation that featured an appearance from Litecoin creator Charlie Lee.

Crypto Can Rescue Users from Digital ‘Feudal Plan’

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

Talking on the match, Chen said that HTC believes in an “start web,” and factual because the Dream became the main industrial smartphone to feature an start-source operating system, the Exodus 1 shall be a in actuality crucial first step to serving to users reclaim their deepest data and digital identities from the “tyranny” of technology.

“This entire walk has been hijacked,” Chen said, arguing that the sector’s seven top-notch tech conglomerates had became the digital world into a brand recent “feudal system.”

“This hiss that modified into once start source became a railway to proudly owning all of our digital identities, all of our digital deepest data, and all of our digital property.”

Chen said that, if made accessible to customers via person-favorable devices, blockchain technology can alternate that by giving users adjust of their non-public keys.

HTC Exodus 1: First Glance

htc exodus 1 slush 2018
HTC Exodus 1 | Slush 2018

Right now’s HTC Exodus 1 demo comes no longer as a lot as per week after upstart smartphone producer Sirin Labs — who says that it raised extra than $157 million via an initial coin offering (ICO) — formally launched the FINNEY, which it claims is the “world’s first blockchain smartphone.”

From a visual standpoint, the Exodus 1 is on the start stare mighty sleeker than the FINNEY, even though — not like the Sirin Labs instrument — it would not appear to feature a factual chilly storage wallet. As any other, the Exodus 1 retail outlets non-public keys in a accurate enclave called Zion, which isolates them from the the rest of the operating system. While most definitely less accurate than chilly storage, it is a significant step up from the instrument wallets — whether or no longer custodial or non-custodial — the establish aside most mobile users for the time being retailer their cryptocurrency funds.

Both phones feature flagship specs, and — a minimal of correct now — every would possibly even be pre-ordered exclusively with cryptocurrency, with estimated ship dates by the pause of the month. All the blueprint via his presentation, Chen formally announced that, as effectively as to bitcoin and ethereum, users can grab the Exodus 1 with litecoin at a mounted price of factual underneath 20 LTC.

Pictures from Slush 2018/YouTube

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