HTC to be the ‘World’s First Native Blockchain Phone’

Smartphone producing company HTC is making a major step into the cryptocurrency ecosystem and wider blockchain industry
15 May 2018   673

The Taiwanese company reported about the “HTC Exodus,” which it characterizes as the “world’s first native blockchain phone.” The device will be made under the leadership of Phil Chen, who assisted to create HTC’s virtual reality headset Vive. Chen, who now holds the title of “chief decentralized officer,” will head all of the firm’s cryptocurrency and blockchain-related initiatives. 

Through the Exodus, we are also excited to be supporting underlying protocols such as Bitcoin, Lightning Networks, Ethereum, Dfinity, and more. We would like to support the entire blockchain ecosystem, and in the next few months we’ll be announcing many more exciting partnerships together. I want to see a world where the end consumers can truly own their data (browsing history, identity, assets, wallets, emails, messaging, etc) without the need for central authorities. There is a lot of work ahead of us, but I believe the mobile hardware layer can contribute significantly to our new decentralized world.
Phil Chen
Vive Founder, HTC 

The Android phone will be developed in order to provide the support for decentralized applications (DApps) like CryptoKitties, and it will keep a safe hardware enclave to provide users with access to a universal cryptocurrency wallet that is native to the device. The phone will be reconcilable with multiple protocols and will also support interoperability. 

HTC has not yet revealed a price tag for the Exodus, but the firm made a hint that it is thinking about the possible adopting crypto payments once it becomes available for buying.

Wirex to Issue 26 Stablecoins on XLM Blockchain

Wirex chosen Stellar blockchain because company considers it safe, easily scalable and relatively inexpensive to use
25 April 2019   88

British online banking platform Wirex has announced the listing for the XLM token, as well as the release of 26 stablecoins on the Stellar blockchain, pegged to fiat currencies, including USD, EUR, GBP, HKD and SGD.

Prior to this, Wirex card supported eight digital assets and ten fiat currencies.

In addition, Wirex added the ability to instantly convert steablecoins to each other at over-the-counter rates.

As the company expects, new assets will be used for money transfers, issue and redemption of tokens, as well as for payments for services.

The choice of Wirex fell on the Stellar blockchain, as the company considers it safe, easily scalable and relatively inexpensive to use.

Last year Wirex became the third company in a row that received a license to provide services in the UK and Europe.