Taiwanese consumer electronics firm HTC is doubling down on its mission to offer blockchain features to its cellphone customers.
HTC decentralized chief officer Phil Chen said at a recent event in Taipei that the company is preparing to release a second generation of its blockchain phone, the EXODUS, by the year's end, Taiwan News reported Sunday.
During CoinDesk's Consensus 2018 event last May. The phone includes a cryptocurrency wallet and also supports decentralized applications or dapps.
Sales of the device have been in line with the company's expectations, Chen reportedly told the event.
Rival blockchain phone maker, Israel-based Sirin Labs, on the other hand, recently axed a quarter of its workforce due to disappointing sales of its Finney phone.
"The new phone will extend its blockchain apps to include other areas such as browsing, messaging, and social media."
The fund, called Proof of Capital, aims to bring blockchain technology to the masses by investing in early-stage startups.
Proof of Capital has also partnered with HTC on its EXODUS line, stating it will work with the company "To define the standards and interactions for this new internet and bring mobile and hardware know-how for our portfolio companies."
The EXODUS 1 was notably only available for purchase with bitcoin and ether at launch.
The company later started accepting fiat currencies.
HTC Plans to Launch Another Blockchain Phone This Year, Exec Says
gepubliceerd op Apr 30, 2019
by Coindesk | gepubliceerd op Coinage
Coinage
Recent nieuws
Alles zien
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.