HTC is the latest to hop onto the blockchain bandwagon, with the company announcing plans to make a new blockchain-powered Android phone, as first reported by TheNextWeb. The company is naming it Exodus and giving it a universal wallet and hardware support for cryptocurrencies and decentralized apps.

To start with, the Exodus phone will have support for bitcoin, ethereum, and other major networks, with more partnerships expected to come later on. HTC envisions a native blockchain network that uses Exodus phones as nodes that support cryptocurrency trading between users.

HTC is also reportedly considering allowing people to purchase the Exodus phone with cryptocurrency. No price has been set yet for the phone.

HTC’s Exodus might be the world’s second blockchain-powered phone. The first one, created by Sirin Labs, called Finney, is a phone that lets people store and use digital currencies while skipping transaction fees.

It costs $1,000. It’s interesting to note the range of companies that have launched their own blockchain initiatives, from established companies seeking more profits and to remain competitive to decentralized networks, to those seeking novelty, and others that are trying to rescue their images. Read more from theverge.com…

thumbnail courtesy of theverge.com