By HTC’s Exodus 1, the smartphone company’s first cryptocurrency and blockchain-integrated mobile phone, which has been designed as a native blockchain mobile which will work with crypto and decentralized apps (dApps) is set to ship with the Brave browser.
Revealed in a recent tweet by Brendan Eich, co-founder and the man behind the Firefox Mozilla browser, the Exodus’s default browser will be Brave.
The Exodus 1 was manufactured with the promise of decentralized blockchain in mind. Much like the Brave browser, the smartphone was created with the goal of restoring the ownership of personal data back to individuals. For cryptocurrency investors, the smartphone will indeed be able to store private keys in a secure enclave on the phone which has been dubbed Zion.
Despite Brave not being blockchain-based itself, it aims to over time decentralize its Ethereum-based BAT. Eich describes the BAT platform as a “semi-centralized” platform due to the nature of how the BAT tokens are used to reward Brave publishers. Eich had this to say recently:
“We will decentralize much of the BAT platform over time, but as our roadmap describes, not all at once and up front. That is neither scalable nor anonymous on today’s main blockchains.”
The Challenge Of The Incumbent Internet:
The Brave browser does, however, offer users the ability to block all ads and cookies which will ultimately lead to faster search, load times and navigation. By including this feature, the Brave browser hopes to eliminate a portion of the search market which is currently dominated by Google & Microsoft, who, as we know are in the business of collecting mountains of our data.
In addition to this, Brave also plans to reward users who opt-in to viewing ads with BAT tokens, which the advertiser needs to pay for thus handing back the reward of monetizing data to the user. As of September 2018, Brave managed to achieve 10 million downloads with 4 million active users, this growing figure being more than likely which opted HTC’s choice to use the browser.
Phil Chen HTC’s decentralized chief officer had this to say:
“It is challenging the incumbent web…advertisement-trade-for-attention model that has crippled the internet browsing experience. We’re at a crisis of giving that away for cheap endorphins and surrendering all that power to the big-data monolithic cloud companies that mine that data.”
At this stage, neither Brave or HTC have revealed many details as to their partnership. While HTC phones are a popular choice, the blockchain-based smartphone market is in its infancy.
The partnership could very well help Brave’s reputation grow and if sales of the Exodus 1 are great, Brave will score more for their user base. As we know, the Exodus 1 is not without its competitors, as SIRIN Labs also unveiled their crypto-native smartphone, dubbed the FINNEY earlier this month.
Could the arrival of crypto and blockchain integrated smartphones add to the growing adoption of the technologies? Or could this be a fad which might be dead in the water before it starts? We’ll have to wait and see. For now, leave us a comment on your thoughts about the Exodus 1.
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