HTC Exodus 1 will cost you Bitcoin or Ethereum

Alfred Osborne
October 24, 2018

The EXODUS 1 is wholly dedicated to blockchain encryption-all the way to how consumers initially order the device: The smartphone can only be purchased using Bitcoin or Ethereum.

The HTC Exodus 1 has a secure "enclave", a cold storage wallet for holding the keys to your cryptocurrency, inaccessible to other Android processes. The smartphone will be shipping in the month of December and is also IP68 certified for Dust and Water resistance. The "secure enclave" - as HTC calls it - is protected from the rest of the phone and its Android OS.

You can pre-order the phone for 4.78 ETH or 0.15 BTC which is around $967 at the current prices. "EXODUS 1 is a foundational element of the crypto internet", Phil Chen, Decentralized Chief Officer at HTC, said in a statement. The Taiwanese manufacturer is also planning to release Zion's key management API and wallet SDK to other cryptographers, allowing third-party developers to use the phone's hardware to protect other crypto wallets and sign transactions. Further, a "Social Key Recovery" mechanism allows the user to regain access to their crypto funds in the event of losing their private keys by picking select trustworthy contacts.

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The phone has a 6-inch Quad-HD+ display and it runs Android O - Oreo, which is not the newest version of Android. Upon setting up a wallet on the phone, it is possible to send several trusted individuals part of a secret key. The phone is available in 34 countries including the US, UK, Taiwan, Singapore, New Zealand, Norway and various European countries. Under the hood, we can find a Qualcomm Snapdragon 845 SoC coupled with 6GB of RAM and 128GB of onboard storage. There are also dual 16MP cameras at the back which support 4K video recording at 60fps. "We look forward to partnering with developers in the blockchain community to usher in this vision".

This means it is even harder for anyone to gain access to your cryptocurrency wallet, and could even be used to store user data such as fingerprint and facial scans in the near future, offering a locked-down space to safeguard your most personal information.

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