HTC's blockchain phone can now be pre-ordered, but only with cryptocurrency

23 Oct, 2018
by Richard Allen
News
HTC's blockchain phone can now be pre-ordered, but only with cryptocurrency

HTC’s blockchain phone, the Exodus 1, ships in December but is available for pre-order. You can only buy it online for 0.15 BTC or 4.78 ETH, which is around $960.

Aside from containing everything you'd expect from a high-end device, the phone also comes with the Taiwanese company’s own cryptocurrency wallet, called Zion, allowing the phone to function as a hardware wallet as well.

Additionally, the Exodus 1 comes with a secure enclave – an area that’s kept secluded from the Android operating system – that uses technology developed by SoftBank’s Arm Holding to keep the user’s crypto safe.

“Think of it as a micro OS that runs in parallel with Android,” Phil Chen, HTC’s decentralized chief officer, told CNBC over the phone. “It basically is a wallet, but the wallet, what it does is hold your private keys.”

Chen explained that keeping this area of the phone separate from the operating system was because Google’s OS is  “fundamentally insecure with a centralized system,” making the user’s crypto much more vulnerable to being hacked.

The Exodus 1 will also run decentralized apps, and comes with a “Social Key Recovery” feature that allows a user to regain access to their funds if they lose their private keys.

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