Taiwanese smartphone maker HTC has announced that its blockchain-powered smartphone, ‘Exodus,’ is ready for launch. The Exodus team released two teaser videos of the smartphone ahead of the launch on October 22.
HTC first revealed in May that it was working on a device that would support decentralized applications (DApps). It will also feature a universal wallet and have a “built-in secure hardware enclave.” The official HTC site is already taking registrations to determine the demand of the HTC Exodus before its formal launch.
— HTC EXODUS (@htcexodus) October 13, 2018
Although the teasers do not reveal the specifications of the phone or when it will be available for purchase, we have an inkling to what the phone looks like and its launch date.
On its website, the Exodus team said, “With over two decades of experience manufacturing the world’s leading smartphones, and shipping over 100 million phones, we believe we can help reshape the Internet with the HTC Exodus. Join us and together we will make decentralization a reality.” HTC also has plans to create its own native blockchain network with all Exodus units acting as nodes to allow cryptocurrency trading among users of the phone.
According to reports, the HTC Exodus will be adopting the technology of Social Key Recovery. This means users do not have to worry about the loss of their digital assets if the phone is lost or being handled by someone else. HTC claims that the Social Key Recovery technology originated from the algorithm of Shamir’s Secret Sharing, which was invented by Adi Shamir, a world-renowned Israeli cryptographer. The algorithm can disassemble a series of complicated messages into different blocks which can be put back together to obtain the message again.
The company previously indicated that the Exodus would likely come with a price tag of $1,000, the same price as Sirin Lab’s blockchain-powered phone, Finney.
Note: Tokens on the Bitcoin Core (segwit) Chain are Referred to as BTC coins. Bitcoin Cash (BCH) is today the only Bitcoin implementation that follows Satoshi Nakamoto’s original whitepaper for Peer to Peer Electronic Cash. Bitcoin BCH is the only major public blockchain that maintains the original vision for Bitcoin as fast, frictionless, electronic cash.
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A variation of the Sony Xperia smartphone is hitting the markets. This isn’t JACP (just another cell phone), though. Offered by Brazilian-based firm Sikur, the phone will include features that allow it to act as a secure cryptocurrency vault, increasing on the somewhat inadequate security offered by the majority of mainstream cell phones today.
The smartphone was released this past Wednesday and includes a crypto-oriented operating system, aptly called the SikurOS, the platform’s own appstore, remote wiping capabilities, a crypto wallet and a number of security enhancements. Of course, the phone can still be used as it was originally intended – a phone.
There are two models of the device available. The first is based on Sony’s XZ1 phone and offers a 5.2” screen, 64GB storage, 4GB of random access memory (RAM), a Snapdragon 835 processor and a 2,700mAh (milliamp hour) battery. It also offers two cameras, a 19-megapixel rear-facing camera and a 13-megapixel front-facing camera.
The second model is based on the Sony XA2, a mid-range smartphone. It provides 32 gigabytes of storage, 3 GB of RAM, a 23-megapixel rear-facing camera and an 8-megapixel front-facing camera. It uses the Snapdragon 630 processor and comes standard with a 3,300mAh battery.
The phones were initially introduced to the world this past February. Sikur hopes that its operating system, and its other software and security, will eventually be accepted by other hardware manufacturers to include in the majority of the smartphones on the market.
Sikur is convinced that its phones are hack-proof. It offered a bug bounty, which was accepted by HackerOne. The outfit reportedly submitted the device to two months of rigorous testing, only to give up and inform Sikur that it had not been able to crack the phone’s security.
The smartphone came about thanks to the Sony Open Devices Program, which is designed to further innovation on top of Sony products. However, Sikur can port the technology to other manufacturers.
The phones won’t be the least expensive on the market, but their price points are certainly justified. The XA2 version retails for around $650 and the XZ1 carries a sticker price of about $850. Given what’s at stack, the security of thousands or hundreds of thousands of dollars’ worth of crypto, the prices are more than fair.
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