HTC has finally announced that it is opening up access to an early version of the Exodus 1, the blockchain phone. This access is limited to “cryptographers and developers from all over the world” through its official site.
This can be thought of, as a prototype. And the phone isn’t even expected to ship until December. But if you are interested in one, you can pick one up using either Bitcoin or Ethereum.
The device shares a lot of design features with HTC’s U12. It runs on Android and there’s also a different tech to keep the phone secure. This would obviously make sense as the phone will be used to store things like keys to cryptocurrencies.
HTC has even developed a unique Social Key Recovery mechanism in case your phone is lost or stolen, or you forget your keys.
HTC allows you to pick a few trustworthy contacts, and each one of those must download a key management app. Your seed then gets split using a secret sharing algorithm and is sent to the trusted contacts. Should the need arise, you can successfully regain access to your funds.
It’s great how companies are finally launching new and unique products. Would HTC’s take in Cryptography succeed? Let us know in the comments below.