HTC Adds Bitcoin Cash Support to its Blockchain Smartphone

Taiwanese Electronics Company, HTC has partnered with Bitcoin.com, to add support for Bitcoin Cash (BCH) on its Exodus 1 blockchain smartphone.

According to the announcement published today, the partnership would include the exchange’s app preloaded on the smartphone device, thus making it simple for people to use the phone for crypto trading, while at the same time fostering the adoption of BCH in peer-to-peer transactions for the community and millions of HTC smartphone users around the world.

The increased usage of BCH as a payment method reportedly led to the subsequent support of BCH on the Exodus 1 smartphone, while the partnership would also see the Exodus 1 device listed for sale on the Bitcoin.com online store.

Commenting on the development, CEO of Bitcoin.com, Stefan Rust was quoted as saying:

“There are so many synergies between Bitcoin.com and HTC. We are very excited to be on this incredible journey together.”

Phil Chen, decentralized chief officer at HTC on his part, discussed the prospects of the Exodus smartphone models for the cryptocurrency and the blockchain industry, saying in the statement:

“The Exodus vision has always aligned itself toward public blockchains and its fundamental transformative nature of the future of money and the internet.”

He added that the phone’s essential management software dubbed the Zion Vault is happy to support BCH natively in hardware for security to align with the BCH blockchain.

Notably, the HTC Exodus 1 device will not only support BCH, but the device will keep supporting Bitcoin (BTC) and Ethereum (ETH). The smartphone maker also hinted that soonest, the blockchain smartphone would add support for Litecoin (LTC), and some ERC20 tokens, including BAT, KNC, and DAI.

Although the earlier released version of the Exodus 1 device is considered to be expensive, the firm disclosed plans earlier this year to launch a second-generation model of the blockchain-powered smartphone dubbed the Exodus 1s before the end of 2019.

Coinfomania reported as part of the development that the new device is expected to cost around $250-$300 and will allow users to run Bitcoin full nodes.

NordFX