The company wants to take some of the market back from Google and Apple.
HTC of Taiwan has released a mobile phone – the ‘Exodus’ – designed to handle blockchain applications, according to CNBC.
The phone is only purchasable in cryptocurrency.
Apart from being a normal Android phone, it also acts as a node on the HTC blockchain and has its own cryptocurrency wallet, which has been named ‘Zion’. According to the report, the wallet has a ‘social’ recovery option in case a phone is lost, meaning that selected contacts can vouch for the user.
HTC CEO Phil Chen told CNBC: “Think of it as a micro OS that runs in parallel with Android. It basically is a wallet, but the wallet, what it does is hold your private keys.”