Taiwan-based consumer electronics giant HTC has unveiled a blockchain smartphone concept for a new handset, dubbed Exodus, that embraces cryptocurrency technologies.
This smartphone concept won't run regular old apps but so-called DApps or decentralized apps that make use of blockchain technology for greater security. Any in-app rewards will be handled via the integration of the world's most popular cryptocurrencies, namely Bitcoin and Ethereum. Elsewhere, the device will have an Android operating system, a single camera and microSD storage support.
Blockchain is set to become one of the most disruptive technologies ever, which is precisely why HTC's smartphone concept is looking to be ahead of the game by including blockchain and cryptocurrency considerations into its functioning.
Blockchain Smartphone Concepts
The 'Exodus' Smartphone Will Feature Decentralized Apps
Trend Themes
1. Blockchain Integration - The inclusion of blockchain technology in smartphone concepts offers opportunities to create decentralized apps and enhance security.
2. Cryptocurrency Integration - Integrating popular cryptocurrencies like Bitcoin and Ethereum into smartphone concepts opens up the potential for in-app rewards and transactions.
3. Decentralized App Development - The emergence of smartphones that exclusively run decentralized apps (DApps) encourages the development of innovative and secure applications.
Industry Implications
1. Consumer Electronics - The consumer electronics industry can benefit from blockchain smartphone concepts by incorporating blockchain and cryptocurrency features into their products.
2. Mobile Technology - The mobile technology industry can explore opportunities to integrate blockchain technology and cryptocurrencies into smartphones, enhancing security and functionality.
3. App Development - As decentralized apps gain traction through blockchain smartphones, the app development industry can focus on creating innovative and secure applications for these platforms.