Inside money, markets, and big tech

HTC wants to launch ANOTHER blockchain phone this year

Clearly the first wasn't enough


Taiwanese mobile phone manufacturer HTC is reportedly planning to launch another blockchain phone before the end of 2019.

Phil Chen, HTC‘s Decentralized Chief Officer, announced the intention during a keynote speech at an investment forum event held in Taipei on Friday last week, Taiwan News reports.

HTC launched its first blockchain phone – called Exodus 1 – last year. It featured a cryptocurrency wallet, accompanied by hardware designed to support decentralized applications (dapps).

Other phone makers like Samsung insist smartphones are great cryptocurrency wallets, researchers still advise using an actual hardware wallet like Trezor or Ledger.

Chen also claimed that the HTC Exodus sold in line with the company’s expectations. Even so, it didn’t help mitigate the firm’s $90.6 million loss in Q4 2018.

Did you know? Hard Fork has its own stage at TNW2019, our tech conference in Amsterdam. Check it out.

Published April 29, 2019 — 15:18 UTC