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HTC has announced a first of its kind native blockchain phone, called Exodus. The report explains the phone will have a universal wallet and a built-in secure hardware enclave to support cryptocurrencies and decentralized applications.

HTC did not reveal any pricing information for its Exodus smartphone, but said it will accept payment in cryptocurrency.

To begin with, the Exodus will support major networks such as Bitcoin and Ethereum with others expected to come on once the phone is in circulation.

"Our vision is to expand the blockchain ecosystem by creating the world's first phone dedicated to decentralized applications and security".

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In what can be seen as an attempt to set itself apart from other Android OEMs and remain relevant in 2018, HTC is set to release a blockchain-powered Android smartphone later this year, called Exodus. However, it seems like the company chose to take a break, or a separate group from the company made a decision to come ahead and announced an entirely new device, the HTC Exodus.

HTC is hoping that all its Exodus phones will act as nodes for facilitating blockchain transactions, including cryptocurrency exchange.

As per the listing on HTC India website, the company is working with multiple protocols with the intent of interoperability between blockchains.

The unique selling point of a blockchain smartphone is that it supposedly offers better security and an improved user experience by integrating cold wallet storage right into the device, and enabling direct trading of the native cryptocurrency with peers without mining fees.

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HTC is harnessing the expertise of Phil Chen, co-founder of VIVE.

In terms of specifications, the Finney blockchain phone comes with a Qualcomm Snapdragon 845 processor.

All we know so far is that the phone will run Android, have a touchscreen and a single rear camera, and support a SIM and a microSD card.

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