HTC Exodus 1 Smartphone to Start BCH Support

"Blockchain" smartphone supports Bitcoin, Litecoin, Ethereum and ERC-20 tokens and can be bought both for fiat and crypto, worth $699
17 September 2019   395

Taiwanese electronics manufacturer HTC has added support for Bitcoin Cash to the EXODUS 1 blockchain smartphone, the press release said.

In partnership with Bitcoin.com, the company integrated a pre-installed BCH wallet into the updated software of the gadget.

Smartphone users will be able to store keys and carry out transactions with Bitcoin Cash through a Zion Vault wallet operating in a trusted execution environment (TEE).

The partnership also provides for the sale of EXODUS 1 and later through the Bitcoin.com online store.

EXODUS 1 supports Bitcoin, Litecoin, Ethereum and ERC-20 tokens. The device sells for $ 699, you can pay for it with both cryptocurrencies and fiat money.

Bitcoin. com to Acquire O3 Labs

O3 Labs resources will be allocated to the development of mobile app for Bitcoin.com using the Bitcoin Cash protocol
21 October 2019   193

Supported by crypto investor Roger Ver, Bitcoin.com acquired the Japanese blockchain startup O3 Labs, writes The Block. The company refused to disclose the transaction amount.

O3 Labs previously worked on creating applications for the NEO and Ontology blockchain systems. Now its resources will be allocated to the development of mobile applications for Bitcoin.com using the Bitcoin Cash protocol in order to expand support for financial services.

We look forward to accelerating services in our mobile applications serving anyone in the world with an internet connection, regardless of nationality, socioeconomic status, or access to traditional finance.
 

Stefan Rust

CEO, Bitcoin.com

Under the terms of the agreement, O3 Labs employees will join the Bitcoin.com team. What kind of financial services they will develop is unknown. Rust only noted that the firm aims to give users "the ability to manage, grow, and spend [money] ... without the need for traditional banks or financial intermediaries.”

In September, representatives of Bitcoin.com announced that they intend to seek listing of Bitcoin Cash futures on the Chicago Mercantile Exchange (CME).