HTC’s New Smartphone Can Run A Full Bitcoin Node

Leading Android smartphone manufacturer recently announced plans to launch a second generation of the Exodus 1 blockchain smartphone later this year according to Phil Chen, the company’s Chief Decentralized Officer.

The upcoming Exodus 1s will feature support for decentralized browsing, messaging as well as social media apps (dApps). That’s not all, the 2nd gen blockchain smartphone will have the ability to run a full bitcoin, stated HTC on Saturday.

The $300 smartphone will be launched in the fourth quarter of this year and users will be able to contain the entire bitcoin blockchain on the smartphone as well as be able to verify transactions.

Could The HTC Exodus 1s Usher In The Era of The Mobile Decentralized Internet?

Chen and his Exodus team have envisioned a decentralized web. By utilizing blockchain solutions which keep one’s financial assets secure and in the user’s control, blockchain smartphones are designed to keep all your information secure and in your hands.

This is achieved by routing the information your smartphone transmits and receives by peer-to-peer connections across a distributed network “instead of passing through cloud or mainframe boards,” according to Chen.

Now that the tech is available for anyone to secure their assets on an open source blockchain on a decentralized network, it could indeed become possible for them to secure all their data. Right now, the limitations are space and computing power, but these limits will but be a thing of the past in the next few years.

Many critics of Big Data companies may resort to the usual sensationalist alarmism, and for the most part, mainstream media companies seem extremely biased against tech companies, but there are definitely many practical reasons for users to have full control over all their data.

The most obvious reason might be having one’s data incentivized. If our data is valuable why should we not have control over it and be paid for it instead of just giving it away as has been the case since the early days of Google?

What about the risk of unwanted surveillance by either sovereign states or hackers? Why should we trust our private information in the hands of third parties when we could secure and authenticate the data our devices transmit ourselves?