HTC has announced that its blockchain phone Exodus 1 is now available for purchase. The phone will be available for purchase through its website and the company hopes to begin shipping sometime in December. Customers can however be able to purchase the Exodus 1 with Bitcoin or Ethereum. The smartphone might likely cost 0.15 BTC ($959) or 4.78 ETH ($965).
The HTC Exodus 1 is said to have its own bitcoin wallet called Zion. This makes it able to function as a hardware cryptocurrency wallet. It has a protected enclave — a separated area on the phone’s chip kept secluded from the phone’s operating system (OS). The technology used was made by SoftBank’s Arm Holdings to safely keep a customer’s cryptocurrency.
The Exodus 1 has a built-in social key recovery system for cryptocurrency wallets. When a wallet is set up on the phone, individual part of a secret key can be sent to trusted persons. Each person will have to download a key management application. In the event of the loss of the phone, each person will send you their part of the secret key. Once the keys are assembled it is possible to transfer funds to a safe location from the phone storage.
Cryptocurrency enthusiasts now have something new to look forward to. HTC also revealed the specifications to its new Exodus 1 phone.
Same as many other chief devices, the Exodus 1 has a Snapdragon 845 processor and a 6-inch QHD+ 18:9 display. It has a 12MP + 16MP rear camera setup that offers zoom while the dual front cameras are 8MP and produce a natural Bokeh effect. Videos can be shot in 4K60fps and 3D audio recording.
The Exodus includes 6GB of DDR4x (Random Access memory) and has 128GB of UFS2.1 internal storage. The Exodus default operating system (OS) is the Android Oreo but will likely be upgraded to Pie soon. It has a 3500mAh battery and it is rated IP68 for water and dust resistance.
The phone will be available in 34 countries and shipping will commence in December. The Exodus 1 will not be available in China as a result of restrictions on cryptocurrency within the country.
The HTC exodus 1 phone is cryptocurrency based, it can only be bought with Bitcoin or Ethereum. It costs 0.15 BTC or 4.78 ETH, which is about $960, £740 or AU$1,355. It is unclear if HTC plans to continuously adjust the price of the phone to account for bitcoin volatility.
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Image credit: Bgr
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